Property score
64.9
Fair
Overall 64.9 · Smaller and older than most nearby homes
1,048 sqft (bottom 15%) · Built in 1964 (16 yrs older than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 bank/ATM nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
16 yrs older than neighborhood avg.
Mother tongue
English · 85%French · 2%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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64.9 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: #46110352
$78K
Median household income
$102K
Average household income
12%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.6
P90 / P10 ratio
46%
Single-person households
19%
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
503 Elmhurst Road — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 395 m), 1 education (nearest 406 m), 1 healthcare (nearest 395 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%
503 Elmhurst Road: 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 Summary: 503 Elmhurst Road
Key Characteristics & Appeal
This is a well-situated, single-storey home on a very large, mature lot in the Elmhurst neighborhood. Its primary appeal lies in its generous 9,145 sqft property, which offers significant outdoor space and ranks in the top 15% for lot size within its community. The home itself is a modest 1,048 sqft bungalow from 1964, featuring a finished basement. It presents a clear value proposition, with an assessed value notably lower than most in the area, suggesting potential for buyers comfortable with a home of its era.
The property would suit a practical buyer looking for land over lavish living space. It’s ideal for someone who values a large yard for gardening, recreation, or future expansion more than a recently built or large interior. It could appeal to first-time buyers seeking entry into a stable neighborhood, or to downsizers wanting single-level living without a tiny lot. A thoughtful perspective is that while the house ranks average or below for its age and size compared to neighbors, the exceptional lot size offers a unique and less replaceable asset in an established area.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, its lot size is in the top 8% city-wide, meaning it's larger than 92% of Winnipeg lots. Conversely, its assessed value is in the bottom 14%, meaning it's valued lower than most.
2. Is the older age of the home (1964) a concern?
While the home is older, it has been maintained. The finished basement adds usable space. Buyers should budget for standard upkeep expected of a 60-year-old home and consider a thorough inspection to understand the condition of major systems like roof, plumbing, and wiring.
3. What are the advantages of such a large lot?
The oversized lot provides rare privacy and space in a city setting. It allows for extensive landscaping, gardening, adding a detached garage or workshop, or simply ample room for children and pets to play. It also represents long-term value, as land is a finite resource.
4. There's no garage. Can one be built?
Given the substantial lot size, there is likely ample room to add a detached garage or carport, subject to local zoning bylaws and permit approvals. This is a key opportunity to add value and functionality for a new owner.
5. Why is the assessed value so much lower than other homes nearby?
The assessed value reflects the property's current state as a smaller, older home on a valuable piece of land. It indicates the municipal assessment sees more value in the land itself than the existing structure, which can mean a lower property tax base but also highlights the potential for the right buyer.
