Property score
65.7
Good
Overall 65.7 · Smaller and older than most nearby homes
1,044 sqft (bottom 15%) · Built in 1962 (18 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
31% smaller than neighborhood avg.
Year Built
Below average
18 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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65.7 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
556 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 383 m), 1 education (nearest 462 m), 1 healthcare (nearest 339 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%
556 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: 556 Elmhurst Road, Winnipeg
Key Characteristics & Appeal
This 1962 bi-level home sits on a large, approximately 8,449 sqft lot in the Elmhurst neighborhood. With 1,044 sqft of finished living space, including a developed basement, it offers a practical layout. The property's standout feature is its generous land size, which ranks in the top 10% of all Winnipeg lots, providing significant outdoor space and potential. It includes a detached garage.
The appeal here is grounded in space and value. The lot size is a considerable asset, offering privacy, room for gardening, or future expansion that is hard to find in newer subdivisions. While the home itself is of average size for its area and era, the combined package of a fully developed house on such a large parcel presents a solid value proposition. It suits buyers looking for a established neighborhood character, who prioritize yard space over a brand-new home, and are comfortable with the maintenance and potential updates that come with a home of this age. It's a practical choice for a small family, a couple needing a home office/workshop space, or a value-oriented buyer seeing long-term potential in the land itself.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings show the property's position relative to others. For example, its lot size is in the top 10% city-wide, which is exceptional. However, its build year and living area are more average or below average for the immediate community, indicating older, potentially larger homes surround it.
2. Is the basement included in the 1,044 sqft living area?
Typically, "living area" refers to above-grade square footage. The listing specifies the basement is developed, meaning it has finished living space in addition to the 1,044 sqft main floor, adding functional room.
3. What are the implications of a 1962 build year?
While offering classic construction, systems like plumbing, electrical, and the roof may be at or beyond their typical service life. A thorough inspection is crucial to understand any needed updates or repairs, which is reflected in its "top 95%" (older) ranking for age in the community.
4. Why is the assessed value lower than I might expect?
Municipal assessments for tax purposes often lag behind market values and may not fully capture the premium value of the unusually large lot in today's market. The price is likely set based on current market conditions, not the assessment.
5. What is a "bi-level" layout and its pros/cons?
A bi-level features a short flight of stairs to the main living areas (kitchen, living room) and another short flight down to bedrooms or a family room. It offers clear separation of spaces but involves stairs between common areas. The developed basement here likely creates a multi-level living environment.
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