Property score
87.8
Excellent
Overall 87.8 · Larger and newer than most nearby homes
2,416 sqft (top 3%) · Built in 1989 (9 yrs newer than avg)
Located in a high-income area with median household income of ~125k
Transit 50.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 school, and 2 parks nearby
Living Area
Above average
59% larger than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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87.8 is composed by the two sections below.
Property Score
Community Score
Elmhurst
How to read: Share of sales in each ~$50k price band for “elmhurst” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110357
$125K
Median household income
$158K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
15%
Single-person households
37%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
40 Gnapp Cove — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 362 m), 2 parks (nearest 439 m).
Elmhurst · WPS public data · 2026
Annual incidents
5
2026
vs. city avg
-83%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
40 Gnapp Cove: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Gnapp Cove, Elmhurst, Winnipeg
Key Characteristics & Appeal
This is a spacious, well-established family home in Winnipeg's Elmhurst neighborhood. Built in 1989, its key features include a generous 2,416 sqft of living space, a fully finished basement, an in-ground pool, and an attached garage, all situated on a large 6,176 sqft lot. The home's appeal lies in its proven capacity for family living and entertaining, offering both ample indoor space and private outdoor amenities. Its competitive rankings are notable: it sits in the top 3-4% of homes across Winnipeg for both living space and assessed value, indicating a property that is substantially larger and more valuable than the vast majority in the city.
This property would best suit buyers looking for a move-in ready, low-maintenance family home in a mature neighborhood, who value space and private recreational features like a pool over a brand-new build. It’s a practical choice for those who want more house for their budget compared to newer subdivisions, and who appreciate the established trees and character of an older community. A less obvious perspective is that its strong rankings for size and value within its own neighborhood suggest it’s a standout property on its street, potentially offering a better sense of space and privacy than some neighboring homes.
Frequently Asked Questions
1. How does the age of the home (1989) affect its condition and potential costs?
While well-maintained, a home of this age will likely have systems (like the roof, HVAC, or windows) that are nearing or have reached their typical lifespan. A thorough inspection is crucial to budget for any upcoming updates, though the major benefit is that the home is past its initial settling period and any original construction issues would have long been addressed.
2. What are the ongoing costs associated with the swimming pool?
Beyond the enjoyment it provides, a pool requires seasonal opening/closing, regular cleaning, chemical balancing, and increased insurance and utility costs. Prospective buyers should factor in these recurring expenses and the time commitment for maintenance, or the cost of hiring a service.
3. The home ranks highly for size and value, but lower for age on its street. What does this mean?
This indicates that while 40 Gnapp Cove is one of the larger and more valuable homes on the block, it may be older than several of its immediate neighbors. This isn’t inherently negative, but it’s worth noting that newer homes on the street might have more contemporary layouts or finishes.
4. Is the fully finished basement included in the 2,416 sqft living area?
Typically, living area (or above-grade square footage) refers to space above ground level. The fully finished basement is an additional bonus space, providing extra rooms for recreation, guests, or a home office, but it may not be counted in the official living area figure.
5. What is the neighborhood of Elmhurst like?
Elmhurst is a mature, established neighborhood in Winnipeg. It offers a blend of residential streets, local parks, and convenient access to amenities. Families are often drawn to its stability and the fact that homes here sit on larger lots compared to many newer areas, providing more outdoor space.
