717 Laxdal Road

Elmhurst, Winnipeg

Property score

74.5

Good

Overall 74.5 · Older than most nearby homes

1,272 sqft (bottom 35%) · Built in 1970 (10 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: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 88%French · 1%

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

74.5 is composed by the two sections below.

Property Score

65.0Good
Living Area66
1,272 sqftGood
Year Built52
1970Fair
Lot Size88
7,416 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

88.7Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

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: #46110357

Community deep dive

$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

Population, labour & age

Population (2021)421
Labour force participation rate67%
Median age49.6
Avg household size2.6
Unemployment rate7%
Population density2631 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households15%
Couple families with children37%
Median household income (2020)$125K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority7%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 88%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

above average
1,272 sqft
0255075100
Same streetTop 30%Same areaBottom 35%CitywideTop 44%
Same street · Laxdal Road
#54 / 183
Top 30% · Avg 1,206 sqft
Same area · Elmhurst
#958 / 1,480
Bottom 35% · Avg 1,523 sqft
Citywide · Winnipeg
#84,717 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

above average
435k
0255075100
Same streetTop 19%Same areaBottom 43%CitywideTop 31%
Same street · Laxdal Road
#34 / 183
Top 19% · Avg 387.7k
Same area · Elmhurst
#839 / 1,480
Bottom 43% · Avg 460.2k
Citywide · Winnipeg
#60,386 / 194,458
Top 31% · Avg 390.1k

Year Built

around average
1970
0255075100
Same streetTop 43%Same areaBottom 17%CitywideTop 48%

Lot Size

above average
7,416 sqft
0255075100
Same streetBottom 49%Same areaTop 34%CitywideTop 14%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

717 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 472 m), 2 parks (nearest 376 m).

Search radius
🏫Education1
🌳Parks2
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%

Sales History

Sold 11/2020CA$400k–450k
Sold price

Same street

Top 22%

Same area

Top 40%

City-wide

Top 27%
Sold 8/2019CA$300k–350k
Sold price

Same street

Bottom 34%

Same area

Bottom 12%

City-wide

Bottom 48%

Related homes

Highlights & common questions: 717 Laxdal Road, Winnipeg

Property Summary: 717 Laxdal Road

Key Characteristics & Appeal

This well-established Elmhurst bungalow sits on a generous, mature lot of over 7,400 sqft, offering a classic and spacious footprint in a quiet neighbourhood. Its key appeal lies in a combination of solid fundamentals and strong relative value. The home features a fully finished basement, increasing its usable living space beyond the 1,272 sqft main floor. Built in 1970, it represents a classic, low-maintenance layout.

The property’s standout feature is its competitive positioning within the broader market. It ranks highly against city-wide benchmarks, particularly for lot size (top 14%) and assessed value (top 28%), suggesting it is perceived as a substantial asset for its price point. This creates a compelling proposition for value-conscious buyers seeking a home with inherent equity and room to grow. It would suit first-time buyers looking for a move-in-ready starter home with a finished basement, or downsizers wanting a manageable single-storey layout without sacrificing yard space. A thoughtful perspective is that while the home is older, its above-average rankings for lot size and value indicate a property that has been well-maintained and occupies a desirable piece of land—factors that often provide stability and potential in the long term.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Elmhurst, and across all of Winnipeg. For example, being in the top 14% for lot size in Winnipeg means 86% of city properties have a smaller lot, highlighting the size of this plot as a key asset.

2. Is the finished basement included in the 1,272 sqft living area?
No. The 1,272 sqft refers to the above-ground, main floor living space. The finished basement provides additional, separate square footage.

3. The home was built in 1970. What should I be aware of?
While the home has been maintained, as with any property of this age, a thorough inspection is recommended to assess the condition of major systems like roof, wiring, and plumbing, which may be original or nearing their typical lifespan.

4. The assessed value is $435,000, but it sold for $430,000 in 2020. What does this indicate?
The close alignment suggests the market price and municipal assessment are consistent, providing a stable basis for valuation. The significant increase from its 2019 sale price also indicates strong appreciation in recent years.

5. Who would this property not be suitable for?
Buyers seeking a modern, open-concept layout or a brand-new home may find the traditional bungalow floor plan dated. Additionally, those wanting extensive amenities like a pool or a massive garage may need to consider renovations or other properties.