555 Elmhurst Road

Elmhurst, ਵਿਨੀਪਿਗ

Property score

88.7

Excellent

Overall 88.7 · Larger and newer than most nearby homes

3,106 sqft (top 1%) · Built in 2024 (44 yrs newer 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 healthcare facility, 1 park, and 1 bank/ATM nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

104% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Above average

44 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 2%

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

88.7 is composed by the two sections below.

Property Score

96.1Excellent
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ100
3,106 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ100
2024Excellent
ਜ਼ਮੀਨ95
9,499 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

77.5Good
Household Income76
Good
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health42
Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110352

Community deep dive

$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

Population, labour & age

Population (2021)639
Labour force participation rate47%
Median age58.0
Avg household size1.9
Unemployment rate11%
Population density3195 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households46%
Couple families with children19%
Median household income (2020)$78K

Housing

Renter households33%
Condominium dwellings25%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority4%
Bachelor's or higher (25–64)51%
Mother tongue (1st)English · 85%
Mother tongue (2nd)French · 1%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
3,106 sqft
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 1%Citywideਟਾਪ 1%
Same street · Elmhurst Road
#3 / 242
ਟਾਪ 1% · ਔਸਤ 1,247 sqft
Same area · Elmhurst
#4 / 1,480
ਟਾਪ 1% · ਔਸਤ 1,523 sqft
Citywide · ਵਿਨੀਪਿਗ
#1,690 / 194,458
ਟਾਪ 1% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਇਲੀਟ
700k
0255075100
Same streetਟਾਪ 3%Same areaਟਾਪ 3%Citywideਟਾਪ 4%
Same street · Elmhurst Road
#7 / 242
ਟਾਪ 3% · ਔਸਤ 393.7k
Same area · Elmhurst
#37 / 1,480
ਟਾਪ 3% · ਔਸਤ 460.2k
Citywide · ਵਿਨੀਪਿਗ
#7,529 / 194,458
ਟਾਪ 4% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਇਲੀਟ
2024
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 1%Citywideਟਾਪ 1%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
9,499 sqft
0255075100
Same streetਟਾਪ 22%Same areaਟਾਪ 13%Citywideਟਾਪ 7%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

555 Elmhurst Road — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 436 m), 1 healthcare (nearest 396 m), 1 parks (nearest 476 m).

Search radius
🍽️Dining2
🏥Healthcare1
🌳Parks1
🏦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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

11/2017 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 3%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 1%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 23%

Related homes

ਵਿਨੀਪਿਗ 555 Elmhurst Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 555 Elmhurst Road

This two-storey home, built in 2024, is a modern residence in Winnipeg's Elmhurst area. Its primary appeal lies in being a like-new property that combines a substantial footprint with a large, private lot. With over 3,100 sqft of living space and a 9,499 sqft lot, it offers significant room for a growing family. The home ranks in the top tier of the local market for its size, newness, and assessed value, suggesting a premium, move-in-ready offering. It features an attached garage and a full, unfinished basement, providing space for future customization.

The property is best suited for buyers seeking a modern home without the wait of new construction, who value spacious interiors and a large yard in a well-established neighbourhood. It would also appeal to those looking for a home with strong statistical standing in its area, as it ranks highly against comparable properties in nearly every metric. A less obvious perspective is the value of the blank-canvas basement; for a handy buyer or one with a vision, this represents a direct opportunity to add personalized value without the major work of an older home.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, broader community, and all of Winnipeg. For example, being newer than 100% of homes in its community means it is the newest house in that comparison group, highlighting its modern condition.

2. Is the basement included in the 3,106 sqft living area?
No, the living area typically refers to finished, above-grade space. The home has a separate, full basement that is currently unfinished, which is not counted in that square footage figure.

3. Why is there such a difference between the 2017 sale price and the current assessed value?
The 2017 sale likely corresponded to the purchase of the vacant land or a previous structure. The 2024 build date indicates a brand-new house was constructed on the lot, which explains the significant increase in value reflected in the current assessment.

4. What are the advantages of a large, unfinished basement?
It offers flexible storage space and the potential for future expansion (like a rec room, home gym, or additional bedrooms) according to the new owner's needs and budget, without the cost or constraints of undoing previous renovations.

5. Does the high ranking in "value" mean it's a good deal?
The high ranking (top 3% in Winnipeg for assessed value) indicates it is assessed as more valuable than most properties, which typically reflects its size, newness, and features. It suggests a premium property, and whether it represents a "deal" depends on the listing price relative to that assessment and the current market.