Property score
69.2
Good
Overall 69.2 · Smaller and older than most nearby homes
1,133 sqft (bottom 26%) · Built in 1961 (19 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: 1 dining spot, 1 healthcare facility, 2 parks, and 1 bank/ATM nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
19 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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69.2 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
633 Laxdal Road — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 454 m), 1 healthcare (nearest 428 m), 2 parks (nearest 269 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 33% | Bottom 47% | Top 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 633 Laxdal Road
Section 1: Overview & Appeal
This property is defined by its exceptional lot size and solid value proposition within a mature Winnipeg neighbourhood. Its primary appeal lies in the rare, half-acre (21,769 sqft) parcel of land in Elmhurst, offering immense privacy and space that is virtually unmatched locally. The home itself is a modest, well-maintained 1,133 sqft bungalow from 1961 with a finished basement, presenting a functional living space that is significantly elevated by its surroundings.
The home would perfectly suit two types of buyers: first, those seeking a long-term family home where children and pets have room to play, with the potential to expand or renovate the existing structure in the future. Second, it appeals to value-conscious buyers who prioritize land ownership and privacy over a large or modern house, understanding that the property's true equity is in the land itself. A thoughtful perspective is that this lot offers a unique "blank canvas" within city limits—not just for gardening, but for adding a large workshop, creating extensive outdoor living areas, or simply enjoying an uncommon degree of tranquility. Its strong rankings for lot size and assessed value against city-wide comparables underscore this fundamental strength.
Section 2: Key Questions (FAQs)
1. Is the house too small for the lot?
Not necessarily. While the house is modest in size compared to the land, this is the core characteristic of the property. It offers a comfortable living space with the rare benefit of extensive outdoor room, appealing to those who value space and privacy over sheer square footage indoors.
2. How does the age of the home (1961) affect things?
The home is well-established in a mature neighbourhood. Buyers should expect the maintenance and potential updates typical of a home of this era, but its recent sale in 2020 suggests it has been a viable and maintained dwelling. Its systems and roof should be a focus for inspection.
3. What does the high assessment value ($446K) indicate?
The assessed value, which ranks in the top 26% city-wide, strongly reflects the premium value placed on the large lot by the municipal assessor. It indicates the property is viewed as a high-value asset, though the market sale price will be determined by current conditions.
4. Is the neighbourhood desirable?
The Elmhurst area is a stable, established community. The property's rankings show it outperforms 98% of homes in its immediate community for lot size, suggesting it is among the most private and spacious offerings in the area.
5. Why did it sell for $400K in 2020, and what does that mean now?
The 2020 sale price provides a recent market benchmark. The increase in assessed value since then likely tracks broader market trends and reinforces the lot's value. It suggests the property has held its worth, but a current appraisal would be needed to understand today's market position.
