Property score
68.8
Good
Overall 68.8 · Smaller and older than most nearby homes
1,121 sqft (bottom 24%) · Built in 1958 (22 yrs older than avg)
Located in a above-average income area with median household income of ~87k
Transit 74.0 · 3-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
22 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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68.8 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
551 Laxdal Road — 11 amenities found within 500 m, across 6 categories, including 4 dining (nearest 222 m), 1 education (nearest 355 m), 1 healthcare (nearest 173 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%
551 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1958-built, one-storey home sits on an exceptionally large, 15,042 sqft lot in Elmhurst. Its primary appeal lies in the land itself, which is significantly larger than most properties in the area, offering rare potential for expansion, gardening, or outdoor living. With 1,121 sqft of living space and an attached garage, the house provides functional basics. The data suggests its strength is not in modern updates or size, but in its land value and established, quiet location. It ranks highly within its community and city for lot size, but lower for the age and assessed value of the home itself.
This property would suit a buyer looking for a long-term project—someone who values space and privacy over a turn-key home. It’s ideal for a family wanting a huge backyard, a hobbyist gardener, or a future builder planning to extensively renovate or eventually replace the existing structure. It’s less suited for those seeking modern finishes or a move-in-ready property without renovation plans.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The rankings show this property’s lot is larger than 98% of all residential lots in Winnipeg, making it a truly rare find for its generous outdoor space.
2. The house is older and smaller; is this a concern?
The home’s age and modest size are reflected in its lower rankings for those features and its assessment value. Buyers should view this primarily as a land purchase with an existing, livable structure that may require updates or significant investment over time.
3. Who would this property not be a good fit for?
It may not suit first-time buyers unprepared for potential renovation costs, or those seeking a modern, low-maintenance home. The value proposition here is future potential, not present-day luxury.
4. How should I interpret the low assessment value relative to the lot?
The assessment suggests the current improvements (the house) contribute less to the total value. This can indicate an opportunity to increase the property's total value through strategic upgrades, as the premium land is already in place.
5. Is the large lot size a burden for maintenance?
Yes, it requires more upkeep for lawn care, landscaping, and snow clearing. However, it also offers flexibility: portions could be left natural, dedicated to specific uses like a vegetable garden, or even potentially subdivided in the future, subject to city zoning approval.
