Property score
69.4
Good
Overall 69.4 · Smaller than most nearby homes
1,120 sqft (bottom 24%) · Built in 1982 (2 yrs newer than avg)
Located in a high-income area with median household income of ~114k
Transit 50.0 · 5-min walk to transit with 1 nearby route · Within 500m: 1 place of worship nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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69.4 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: #46110359
$114K
Median household income
$125K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
35%
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
7 Woodview Bay — 1 amenities found within 500 m, across 1 categories.
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 14% | Top 29% | Top 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 14% | Bottom 17% | Top 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 7 Woodview Bay, Winnipeg
Key Characteristics & Appeal
This 1982-built, one-storey home in Elmhurst offers a practical and low-maintenance living arrangement on a generous 4,828 sqft lot. Its key appeal lies in its recent, above-assessment sale price, suggesting strong buyer interest and perceived value in the current market. The 1,120 sqft living space is complemented by a finished basement, adding functional area without the upkeep of a larger footprint. Notably, it lacks a garage and pool, which simplifies maintenance and reduces associated costs.
The property suits first-time buyers or downsizers seeking an established neighbourhood with a manageable yard and home. Its competitive rankings—particularly outperforming 78% of Winnipeg in its recent sale price—indicate it’s seen as a solid asset, possibly appealing to value-oriented buyers who track market momentum. The significant price increase since 2019 also makes it a point of study for buyers interested in neighbourhood trends and long-term value.
Frequently Asked Questions
1. Why did it sell for significantly more than its assessed value?
The recent sale at $472,000, well above the $373,000 assessment, typically reflects strong buyer demand, specific property condition, or market trends that the formal assessment hasn’t yet captured. Assessments are for taxation and often lag behind rapid market shifts.
2. Is the lack of a garage a major drawback?
It depends on buyer priorities. While it limits sheltered parking and storage, it also means lower utility costs, less maintenance, and a simpler layout. For those who prioritize lot space over vehicle storage, it can be an acceptable trade-off.
3. How does its age (44 years) affect the purchase?
Built in 1982, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is crucial, but homes of this age also often feature more established landscaping and settled construction.
4. What do the "ranking" percentages actually mean?
They show how this property compares to others in the area for specific metrics. For example, ranking "in the top 22% in Winnipeg" for its sale price means it sold for more than 78% of Winnipeg properties, indicating a strong market performance relative to the city.
5. The lot is large, but the house is modest. Is there expansion potential?
The 4,828 sqft lot offers a good ratio of outdoor space to living area. While any expansion would require checking zoning bylaws and permits, the lot size provides flexibility for future gardens, sheds, or even an addition compared to more densely built properties.
