723 Laxdal Road

Elmhurst, ਵਿਨੀਪਿਗ

Property score

81.1

Excellent

Overall 81.1 · Older than most nearby homes

1,634 sqft (top 37%) · 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Near average

7% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

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

81.1 is composed by the two sections below.

Property Score

76.0Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ83
1,634 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ52
1970Fair
ਜ਼ਮੀਨ93
8,036 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

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Elmhurst

How to read: Share of sales in each ~$50k price band for “elmhurst” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,634 sqft
0255075100
Same streetਟਾਪ 11%Same areaਟਾਪ 37%Citywideਟਾਪ 24%
Same street · Laxdal Road
#21 / 183
ਟਾਪ 11% · ਔਸਤ 1,206 sqft
Same area · Elmhurst
#551 / 1,480
ਟਾਪ 37% · ਔਸਤ 1,523 sqft
Citywide · ਵਿਨੀਪਿਗ
#46,011 / 194,458
ਟਾਪ 24% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
354k
0255075100
Same streetਹੇਠਲੇ 29%Same areaਹੇਠਲੇ 9%Citywideਹੇਠਲੇ 48%
Same street · Laxdal Road
#130 / 183
ਹੇਠਲੇ 29% · ਔਸਤ 387.7k
Same area · Elmhurst
#1,344 / 1,480
ਹੇਠਲੇ 9% · ਔਸਤ 460.2k
Citywide · ਵਿਨੀਪਿਗ
#101,844 / 194,458
ਹੇਠਲੇ 48% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1970
0255075100
Same streetਟਾਪ 43%Same areaਹੇਠਲੇ 17%Citywideਟਾਪ 48%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
8,036 sqft
0255075100
Same streetਟਾਪ 47%Same areaਟਾਪ 27%Citywideਟਾਪ 11%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

723 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 467 m), 2 parks (nearest 385 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

723 Laxdal Road: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।

Related homes

ਵਿਨੀਪਿਗ 723 Laxdal Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 723 Laxdal Road, Winnipeg

Key Characteristics & Appeal

This 1970-built, single-storey home in Elmhurst sits on a large, 8,036 sqft lot, offering a generous footprint that ranks highly within its immediate area. With 1,634 sqft of living space, it provides above-average roominess for the neighborhood. The property features a split garage and an unfinished basement, presenting a classic layout with clear potential for future customization. Its appeal lies in this combination of established maturity and opportunity: the large lot and spacious interior offer immediate value, while the unfinished basement allows a new owner to tailor the space to their needs without the cost of undoing previous renovations. The home’s rankings suggest it is a solid, well-sized property in a mature community, suited for buyers looking for a character home with space to grow into, whether that's for gardening, expansion, or simply more privacy than newer subdivisions typically offer. It would particularly suit a practical buyer who values space over turn-key finishes, or a household planning a multi-phase renovation who can live comfortably in the existing layout while planning future updates.

Frequently Asked Questions

1. What does the "unfinished basement" entail?
It means the basement space is in a rough state, with exposed walls, floors, and utilities. It’s a blank canvas for finishing but requires a full build-out to become livable space.

2. How does the 1970 build year affect the home?
Homes from this era often feature solid construction and straightforward layouts. Buyers should budget for updates to major aging components like the roof, windows, or heating system, and consider an inspection to assess their condition.

3. The lot is large, but what is the neighborhood like?
Elmhurst is a mature, established neighborhood. The high lot-size ranking means you have more private outdoor space than many neighbors, offering a sense of openness within the city.

4. The assessment value is lower than some rankings; why?
Municipal assessments for tax purposes often lag behind market values and don't always reflect specific renovations or desirability. The higher rankings for living space and lot size may be more indicative of its market appeal to buyers seeking those specific features.

5. Is this a good "starter" home?
It could be, depending on priorities. Its size and lot offer long-term flexibility that many starter homes lack, but the potential need for updates and an unfinished basement requires either a willingness to invest over time or a tolerance for living with projects. It may be better suited as a "second" home for those trading up from a condo or small starter, seeking more permanent space.