Property score
65.5
Good
Overall 65.5 · Smaller and older than most nearby homes
1,022 sqft (bottom 12%) · Built in 1965 (15 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 park nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
15 yrs older than neighborhood avg.
Mother tongue
English · 78%Punjabi · 4%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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65.5 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: #46110353
$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
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
550 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 374 m), 1 education (nearest 449 m), 1 healthcare (nearest 334 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%
550 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: 550 Elmhurst Road
This well-situated 1965 bungalow offers a classic and practical living arrangement on a large, nearly 7,800 sqft lot in the Elmhurst neighborhood. Its key appeal lies in the combination of a single-level layout, a finished basement adding flexible space, and an expansive, private yard that is significantly larger than many in the area. The home’s 1,022 sqft of main-floor living space presents a manageable footprint for easy upkeep.
The property would particularly suit first-time buyers or downsizers seeking a solid, no-fuss home with ample outdoor space for gardening, play, or quiet enjoyment. Its strong ranking for lot size within Winnipeg (top 12%) is a standout, offering a suburban feel within the city. It’s also a fit for value-conscious buyers or those looking for a home with solid fundamentals, who may see potential in personalizing the interior over time. The absence of a garage is a trade-off for the generous yard, positioning this home for those who prioritize outdoor space over vehicle storage.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the "top 12%" for lot size city-wide means the yard is larger than 88% of properties in Winnipeg, which is a significant advantage.
2. Is the finished basement included in the 1,022 sqft living area?
No. The 1,022 sqft refers to the above-ground, main-floor living space. The finished basement provides additional rooms and living area, which is a valuable bonus to the home's total usable space.
3. The home is older—should I be concerned about major repairs?
Built in 1965, the home is of a vintage where some major components may be nearing or past their typical lifespan. A thorough inspection is advised to assess the condition of the roof, foundation, plumbing, and electrical systems to plan for any future updates.
4. How does having no garage impact daily life and value?
It means relying on driveway parking and having no dedicated workshop or storage space for vehicles, tools, or seasonal items. For some buyers, the trade-off for a larger yard is worthwhile; for others, it's a significant drawback. It's a key factor to consider relative to your lifestyle.
5. Why is the assessed value lower than similar listings I might see?
Municipal assessments for tax purposes often lag behind current market values and use a mass appraisal system. The assessed value is a useful benchmark, but the final sale price will be determined by recent comparable sales, condition, and current market demand.
