Property score
84.6
Excellent
Overall 84.6 · Larger but older than most nearby homes
1,863 sqft (top 23%) · Built in 1971 (9 yrs older than avg)
Located in a high-income area with median household income of ~125k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Below average
9 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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84.6 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: #46110357
$125K
Median household income
$158K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.4
P90 / P10 ratio
15%
Single-person households
37%
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
716 Laxdal Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 313 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%
716 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 Summary: 716 Laxdal Road, Winnipeg
Key Characteristics & Appeal
This property is a classic, well-maintained one-storey home in Elmhurst, built in 1971. Its defining feature is an exceptionally large, private lot of over 20,000 sqft, placing it in the top tier of properties in Winnipeg for land size. The home itself offers a generous 1,863 sqft of finished living space, including a developed basement, and is complemented by an attached garage.
The appeal lies in a rare combination of space, privacy, and established character. It suits buyers looking for a serene, park-like setting within the city—ideal for gardening, recreation, or future expansion. The strong assessment value and competitive rankings for both lot size and living area suggest a solid, premium property in its area. It would particularly suit downsizers seeking single-level living without sacrificing yard space, or families valuing room to grow in a mature, sought-after neighborhood. A thoughtful perspective is that while the home is 55 years old, its top-tier land value offers a unique form of equity that newer subdivisions often can't match, representing a long-term investment in location and space over modern finishes.
Frequently Asked Questions
1. What is the true value of such a large lot?
Beyond privacy and space, a lot of this size (over half an acre) in a established neighborhood is a scarce commodity. It allows for significant outdoor living, potential for additions like a workshop or studio, and typically holds its value independently of the home itself.
2. How does the age of the home (1971) affect things?
The home is from an era known for solid construction. Buyers should budget for expected updates to major 50-year-old systems, like plumbing or electrical, but can also appreciate the character and mature landscaping that comes with an established property.
3. What does the "top 1% in Winnipeg" ranking for lot size actually mean?
This statistical ranking confirms that this property's land parcel is larger than 99% of other residential properties in the entire city, highlighting its rarity and premium positioning in the market.
4. Who is the typical buyer for this property?
Given the single-storey layout and minimal stairs, it strongly appeals to those looking to age in place. It also attracts buyers who prioritize outdoor space and privacy over a brand-new home, and who see value in the mature trees and settled neighborhood of Elmhurst.
5. Are there any drawbacks to a lot this size?
Prospective buyers should consider the ongoing maintenance required for lawns, gardens, and trees. Utility costs for watering may be higher, and property taxes are influenced by the high assessed value, which is driven significantly by the land.
