Property score
68.0
Good
Overall 68.0 · Smaller and older than most nearby homes
1,122 sqft (bottom 24%) · Built in 1962 (18 yrs older than avg)
Located in a above-average income area with median household income of ~77.5k
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
26% smaller than neighborhood avg.
Year Built
Below average
18 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
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
Free · No credit card required
68.0 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
551 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 430 m), 1 education (nearest 494 m), 1 healthcare (nearest 394 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Bottom 27% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1962-built, one-storey home on a large, 10,953 sqft lot in Elmhurst offers a classic and practical living proposition. Its primary appeal lies in the combination of a spacious, private yard and a functional, fully finished layout. With 1,122 sqft of living space, a finished basement, and a split garage, the home provides room to grow and is move-in ready. The standout feature is the property's generous lot size, which ranks within the top 5% across Winnipeg, offering exceptional outdoor space for gardening, recreation, or future expansion.
The home is ideally suited for first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It also appeals to value-conscious buyers looking for a property with solid fundamentals—a large, established lot in a mature neighbourhood—where the investment is in the land and structure, with room to personalize over time. The rankings suggest a property that is more valuable for its land and location than for its size or newness, making it a pragmatic choice over a luxury one.
Frequently Asked Questions
1. How does the age of the home affect its condition and potential costs?
Built in 1962, the home is well-maintained but buyers should budget for updates common to houses of this era, such as roofing, windows, or mechanical systems. A thorough inspection is advised to prioritize any necessary repairs.
2. What is the significance of the lot size rankings?
The lot ranks in the top 5% in Winnipeg for size, meaning it is significantly larger than most. This is a permanent advantage, offering more privacy, space for outdoor activities, and potential for additions like a shed, deck, or garden that smaller lots cannot accommodate.
3. The home's "newness" ranks low in the community. What does this mean?
This indicates the house is older than about 95% of homes in Elmhurst. This isn't unusual for a mature neighbourhood and is often reflected in the price. It positions this as a more affordable entry point into the area, with the trade-off being an older structure.
4. The assessed value is higher than the 2019 sale price. How should I interpret this?
The current assessment of $412,000 reflects the municipality's valuation for tax purposes, influenced by market trends. The 2019 sale price of $360,000 is a historical data point. The listing price will be determined by current market conditions, which can differ from both figures.
5. Who would this property not be ideal for?
It may not suit buyers seeking a modern, turn-key home without any projects, or those who prioritize a large interior footprint over outdoor space. The single-storey layout and average interior size might also be limiting for larger families needing multiple bedrooms or dedicated living areas.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
