55 Woodview Bay

Elmhurst, Winnipeg

Property score

70.1

Good

Overall 70.1 · Smaller than most nearby homes

1,120 sqft (bottom 24%) · Built in 1983 (3 yrs newer than avg)

Located in a high-income area with median household income of ~114k

Transit 40.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 school nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 88%Chinese · 1%

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

Sold Count

438

Median price

477k

$/sqft

$391/sqft

Avg build year

1980

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

70.1 is composed by the two sections below.

Property Score

62.5Fair
Living Area60
1,120 sqftFair
Year Built73
1983Good
Lot Size67
5,062 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

81.5Excellent
Household Income90
Excellent
Education Level63
Fair
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health68
Good

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: #46110359

Community deep dive

$114K

Median household income

$125K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)684
Labour force participation rate65%
Median age43.2
Avg household size2.5
Unemployment rate8%
Population density2358 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households18%
Couple families with children35%
Median household income (2020)$114K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)4%
Visible minority5%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 87%
Mother tongue (2nd)Chinese · 0%

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

Rankings

Living Area

around average
1,120 sqft
0255075100
Same streetBottom 31%Same areaBottom 24%CitywideBottom 42%
Same street · Woodview Bay
#33 / 48
Bottom 31% · Avg 1,413 sqft
Same area · Elmhurst
#1,123 / 1,480
Bottom 24% · Avg 1,523 sqft
Citywide · Winnipeg
#112,617 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

around average
410k
0255075100
Same streetBottom 33%Same areaBottom 33%CitywideTop 36%
Same street · Woodview Bay
#32 / 48
Bottom 33% · Avg 428k
Same area · Elmhurst
#997 / 1,480
Bottom 33% · Avg 460.2k
Citywide · Winnipeg
#69,891 / 194,458
Top 36% · Avg 390.1k

Year Built

Elite
1983
0255075100
Same streetTop 2%Same areaTop 34%CitywideTop 31%

Lot Size

around average
5,062 sqft
0255075100
Same streetBottom 27%Same areaBottom 9%CitywideBottom 47%

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

55 Woodview Bay — 1 amenities found within 500 m, across 1 categories, including 1 education (nearest 489 m).

Search radius
🏫Education1

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

Sold 11/2016CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 29%

City-wide

Top 42%

Related homes

Highlights & common questions: 55 Woodview Bay, Winnipeg

Property Summary: 55 Woodview Bay

Key Characteristics & Appeal

This is a well-maintained, single-storey home in Elmhurst, built in 1983. Its key features include a fully finished basement, an attached garage, and a spacious lot of just over 5,000 square feet. With 1,120 square feet of living space, it offers a practical layout for everyday living.

The appeal lies in its established neighborhood setting and its notable condition relative to its age. The home ranks exceptionally well for its "newness" on its street, surpassing 98% of neighboring houses, suggesting it has been updated or maintained better than many of its peers. It presents a solid value proposition, with an assessed value that places it in the top third of all Winnipeg homes. This is a property for practical buyers—first-time homeowners, downsizers, or investors seeking a turnkey home in a mature area without the premium of a new build. It suits those who prioritize move-in readiness and a larger yard over having the latest modern finishes or an open-concept floor plan.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Elmhurst, and across Winnipeg. For example, ranking in the top 2% for age on its street means it is one of the newest homes in that immediate area, which is a positive indicator of its relative condition.

2. Has the property value increased since the last sale?
The home sold for $366,000 in November 2016 and now has a municipal assessed value of $410,000. This indicates growth, but the final market value will be determined by current conditions and buyer demand.

3. Is the finished basement included in the listed living area?
No. The living area of 1,120 sqft refers to the above-ground space. The finished basement provides additional usable rooms but is not counted in the official square footage.

4. What are the property taxes likely to be?
While not listed here, property taxes can be estimated using the City of Winnipeg's mill rate and the $410,000 assessed value. A local real estate agent can provide an exact calculation.

5. The home ranks lower for size in the area. Will it feel small?
At 1,120 sqft, it is a moderately sized bungalow. The finished basement effectively doubles the usable space, making it more functional than the main floor square footage alone suggests. It's ideal for those who don't require extensive above-ground room.