Property score
73.6
Good
Overall 73.6 · Older than most nearby homes
1,404 sqft (bottom 45%) · Built in 1961 (19 yrs older than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 74.0 · 3-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
Near average
8% smaller than neighborhood avg.
Year Built
Below average
19 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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73.6 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
515 Elmhurst Road — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 404 m), 1 education (nearest 432 m), 1 healthcare (nearest 393 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%
515 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 Overview & Key Characteristics
This property is a classic one-storey home built in 1961, situated on an exceptionally large, approximately 17,186 sqft lot in Winnipeg's Elmhurst neighbourhood. Its primary appeal lies in the significant land parcel, which ranks in the top 2-3% of all residential lots in the city for size, offering immense potential for expansion, gardening, or outdoor living. With 1,404 sqft of living space, an unfinished basement, and an attached garage, the home provides solid fundamentals. Its value is further anchored by a strong overall assessment relative to the area.
The home would best suit a buyer who sees the property as a long-term canvas. It’s ideal for someone prioritizing land over a turn-key interior, such as a family planning a future renovation or addition, or a buyer seeking a private, spacious yard rarely found in the city. It’s less suited for those seeking modern finishes or who do not want to undertake any projects, as the basement is unfinished and the home itself is of a vintage that will likely require updates.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The rankings indicate that this property's lot is larger than 98% of all residential properties in Winnipeg, placing it in the top 2%. This is its most distinctive and valuable asset, offering rarity and potential not found in typical lots.
2. Is the house in good condition for its age?
As a 65-year-old home, prospective buyers should budget for age-related maintenance and updates. The unfinished basement suggests major systems may be original, so a thorough inspection is essential to understand the condition of the roof, foundation, plumbing, and electrical.
3. What can be done with such a large lot?
Beyond a spacious yard, the lot size opens possibilities like adding a significant extension, building a detached garage or workshop, or creating extensive landscaping, gardens, or recreational spaces, subject to local zoning bylaws.
4. How does the assessment value relate to the asking price?
The municipal assessment of $387,000 is a tax valuation and not a market price. It indicates the home is valued above average for the area. The final sale price will be determined by current market demand, the home's condition, and the premium buyers place on the unique lot size.
5. Why are the rankings for "newness" so much lower than for lot size?
This highlights the property's profile: it scores exceptionally high for land value but is around average or below for the age of the structure itself. This contrast defines the opportunity—you are purchasing primarily for the land with a livable, older home on it.
