545 Laxdal Road

Elmhurst, Winnipeg

Property score

69.0

Good

Overall 69.0 · Smaller and older than most nearby homes

1,134 sqft (bottom 26%) · Built in 1964 (16 yrs older than avg)

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

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

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

16 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

69.0 is composed by the two sections below.

Property Score

61.6Fair
Living Area60
1,134 sqftFair
Year Built46
1964Low
Lot Size97
10,804 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

around average
1,134 sqft
0255075100
Same streetTop 49%Same areaBottom 26%CitywideBottom 43%
Same street · Laxdal Road
#90 / 183
Top 49% · Avg 1,206 sqft
Same area · Elmhurst
#1,100 / 1,480
Bottom 26% · Avg 1,523 sqft
Citywide · Winnipeg
#110,303 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
328k
0255075100
Same streetBottom 15%Same areaBottom 4%CitywideBottom 38%
Same street · Laxdal Road
#155 / 183
Bottom 15% · Avg 387.7k
Same area · Elmhurst
#1,423 / 1,480
Bottom 4% · Avg 460.2k
Citywide · Winnipeg
#120,015 / 194,458
Bottom 38% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 29%Same areaBottom 6%CitywideBottom 46%

Lot Size

Elite
10,804 sqft
0255075100
Same streetTop 17%Same areaTop 9%CitywideTop 5%

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

545 Laxdal Road — 12 amenities found within 500 m, across 7 categories, including 4 dining (nearest 208 m), 1 education (nearest 321 m), 1 healthcare (nearest 155 m).

Search radius
🍽️Dining4
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks3
🏦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

545 Laxdal 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: 545 Laxdal Road, Winnipeg

Property Overview

This 1964 one-storey home in Elmhurst presents a classic, low-maintenance living option on a notably large, 10,804 sqft lot. Its key appeal lies in the combination of a fully finished basement, which expands the usable living space beyond the 1,134 sqft main floor, and the exceptional outdoor potential offered by one of the larger properties in the area. The home ranks highly for its generous lot size within the community and wider city, suggesting rare privacy and room for gardens, play, or expansion.

It suits practical buyers looking for solid value—first-time homeowners, downsizers seeking single-level living, or investors attracted by the land size. Its rankings indicate it's a home with strong fundamentals (space, location) that may benefit from modernization, appealing to those who see potential beyond its original 1960s build.


Frequently Asked Questions

1. How does the large lot size impact property value?
Beyond providing ample yard space, a lot of this size in a mature neighbourhood is a long-term asset. It offers privacy rarely found in the city and future potential, whether for adding a garage, a garden suite (subject to zoning), or simply enjoying expansive green space.

2. The home's assessed value ranks lower than its lot size. What does this indicate?
This suggests the municipal assessment reflects the original 1964 structure more than the land value. For a buyer, it can mean the price is influenced more by the home's condition and features, with the large lot acting as a significant bonus or equity-builder.

3. Is the finished basement included in the listed living area?
No. The 1,134 sqft refers to the above-ground living area. The fully finished basement provides additional, separate space for recreation, guests, or storage, effectively doubling the home's functional footprint without increasing property taxes proportionally.

4. What are the implications of having no garage?
While off-street parking may be available via a driveway, the absence of a garage means vehicles are exposed and storage must be creatively managed. However, the large lot offers clear space to add a garage or shed if desired, which is a notable advantage over properties with smaller lots.

5. The build year ranks lower in the neighbourhood. Should I be concerned?
This ranking confirms the home is older than most in Elmhurst. It necessitates a focus on the condition of major aging components like the roof, windows, plumbing, and electrical systems. A thorough inspection is essential, but a well-maintained older home on a premium lot can offer excellent value.