532 Elmhurst Road

Elmhurst, Winnipeg

Property score

76.5

Good

Overall 76.5 · Larger but older than most nearby homes

1,778 sqft (top 30%) · Built in 1947 (33 yrs older than avg)

Located in a above-average income area with median household income of ~87k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Below average

33 yrs older than neighborhood avg.

Mother tongue

English · 78%Punjabi · 4%

Past 10 years Elmhurst sales snapshot (~80% of all data)

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

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Property score

76.5 is composed by the two sections below.

Property Score

74.1Good
Living Area86
1,778 sqftExcellent
Year Built30
1947Low
Lot Size98
12,014 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

80.0Excellent
Household Income79
Good
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need88
Excellent
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110353

Community deep dive

$87K

Median household income

$114K

Average household income

8%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

34%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate57%
Median age49.2
Avg household size2.1
Unemployment rate5%
Population density3083 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households34%
Couple families with children23%
Median household income (2020)$87K

Housing

Renter households22%
Condominium dwellings26%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Punjabi · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,778 sqft
0255075100
Same streetTop 10%Same areaTop 30%CitywideTop 18%
Same street · Elmhurst Road
#24 / 242
Top 10% · Avg 1,247 sqft
Same area · Elmhurst
#443 / 1,480
Top 30% · Avg 1,523 sqft
Citywide · Winnipeg
#35,019 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
372k
0255075100
Same streetBottom 49%Same areaBottom 17%CitywideTop 46%
Same street · Elmhurst Road
#123 / 242
Bottom 49% · Avg 393.7k
Same area · Elmhurst
#1,228 / 1,480
Bottom 17% · Avg 460.2k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 17%Same areaBottom 1%CitywideBottom 24%

Lot Size

Elite
12,014 sqft
0255075100
Same streetTop 11%Same areaTop 7%CitywideTop 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

532 Elmhurst Road — 9 amenities found within 500 m, across 6 categories, including 3 dining (nearest 343 m), 1 education (nearest 399 m), 1 healthcare (nearest 317 m).

Search radius
🍽️Dining3
🏫Education1
🏥Healthcare1
🌳Parks2
🏦Finance1
Worship1

Crime & Safety

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%

Sales History

532 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.

Related homes

Highlights & common questions: 532 Elmhurst Road, Winnipeg

Property Summary

Key Characteristics & Appeal

This is a classic one-and-a-half story home built in 1947, situated on an exceptionally large, mature lot of over 12,000 square feet in the Elmhurst neighborhood. Its primary appeal lies in the significant space and potential it offers. The nearly 1,800 sqft of living space is well above average for the area, and the unfinished basement presents a clear opportunity for customization. The property's standout feature is its land: the lot size ranks in the top 4% of all Winnipeg, offering rare privacy, room for gardens, play areas, or future expansions.

The home suits two main types of buyers. First, it's ideal for a hands-on buyer or family looking for a character home with ample outdoor space and the vision to update the interior and finish the basement to their own tastes over time. Second, it appeals to an investor or builder who recognizes the long-term value of such a large parcel of land in a well-established community. While the house itself requires modernization, its foundational metrics—lot size and living area—are highly competitive, suggesting a solid "bones-up" project rather than a superficial update.

Frequently Asked Questions

1. What does the "one-and-a-half storey" design typically mean?
This style usually features a main floor with principal rooms and a second floor with sloped ceilings (following the roof line) creating cozy bedrooms or additional living space, characteristic of many mid-century homes.

2. How significant is the lot size, really?
At over 12,000 sqft, it is a major asset. It ranks better than 96% of properties in Winnipeg, meaning this much private, usable land is very uncommon and provides flexibility that most standard lots do not.

3. The home was built in 1947. What should I be prepared for?
While systems may have been updated, you should budget for potential age-related maintenance. The unfinished basement is a blank slate but will require proper insulation, moisture control, and finishing work. The high rankings for living space and lot size, however, indicate the core structure and property are substantial.

4. The assessment value seems moderate compared to the high rankings for size. Why?
Municipal assessments often reflect a mass-appraisal formula and may not fully capture the premium value of an extremely large lot or the current market potential. The high percentile rankings for lot and living area suggest the property has underlying value that a market sale could realize.

5. Who is this neighborhood best for?
Elmhurst is a mature, established community. It suits those seeking a quiet, residential setting with larger lots, good schools, and a sense of space while still being within Winnipeg. It's less suited for those wanting a brand-new, turnkey home or a dense, ultra-walkable urban environment.