741 Laxdal Road

Elmhurst, Winnipeg

Property score

69.9

Good

Overall 69.9 · Smaller and older than most nearby homes

1,077 sqft (bottom 17%) · Built in 1970 (10 yrs older than avg)

Located in a high-income area with median household income of ~125k

Transit 58.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

29% 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

69.9 is composed by the two sections below.

Property Score

57.4Fair
Living Area52
1,077 sqftFair
Year Built52
1970Fair
Lot Size93
8,136 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

around average
1,077 sqft
0255075100
Same streetBottom 38%Same areaBottom 17%CitywideBottom 37%
Same street · Laxdal Road
#113 / 183
Bottom 38% · Avg 1,206 sqft
Same area · Elmhurst
#1,222 / 1,480
Bottom 17% · Avg 1,523 sqft
Citywide · Winnipeg
#123,075 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

around average
382k
0255075100
Same streetTop 46%Same areaBottom 22%CitywideTop 43%
Same street · Laxdal Road
#84 / 183
Top 46% · Avg 387.7k
Same area · Elmhurst
#1,159 / 1,480
Bottom 22% · Avg 460.2k
Citywide · Winnipeg
#84,213 / 194,458
Top 43% · Avg 390.1k

Year Built

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

Lot Size

above average
8,136 sqft
0255075100
Same streetTop 40%Same areaTop 24%CitywideTop 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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

741 Laxdal Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 463 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

741 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.

Related homes

Highlights & common questions: 741 Laxdal Road, Winnipeg

Property Summary: 741 Laxdal Road

Key Characteristics & Appeal

This is a well-situated, single-storey home in Elmhurst, built in 1970. Its primary appeal lies in its generous, mature lot of over 8,100 square feet—a significant size that offers ample outdoor space and ranks within the top 11% of all properties in Winnipeg for land area. The home itself is a manageable 1,077 sqft bungalow with a finished basement and a detached garage. While the interior living space is modest, the property's standout feature is its established setting and larger-than-average yard, providing room for gardens, play, or expansion.

The home would suit practical buyers looking for a solid foundation in a quiet neighborhood. It's ideal for first-time homeowners who value outdoor space over a large interior footprint, or for downsizers seeking a single-level layout without compromising on yard size. The strong city-wide ranking for lot size suggests a property with inherent value in its land, appealing to those with a long-term view who might see potential in the existing structure or the possibility of future updates.

Frequently Asked Questions

1. How does the age of the home (1970) affect its condition and value?
While older, the home ranks around the middle of the pack for age in its immediate area, meaning it's typical for the street. Buyers should prioritize a thorough inspection to assess the condition of major systems like plumbing, electrical, and the roof, which are common focal points for homes of this era.

2. The living space is noted as modest. Is the layout efficient for a family?
The 1,077 sqft main floor, combined with a finished basement, provides functional space. The single-storey design is excellent for accessibility and creates a cozy, easy-to-maintain living area. Families would need to utilize the basement and the ample yard as extensions of their living space.

3. What are the implications of having a detached garage?
A detached garage offers flexibility—it can be used purely for vehicle storage, as a workshop, or for extra storage without impacting the home's living area. The trade-off is convenience, as you'll need to go outside to access your vehicle, which can be a consideration during Winnipeg winters.

4. The property ranks highly for land but lower for living space. What does this mean for the price?
The assessment and likely market value reflect this balance. You are paying significantly for the desirable lot size and location. The price structure suggests the land itself is a major asset, with the house representing the "improvement" on it. This can be an advantage for buyers who see long-term value in the land.

5. The neighborhood rankings vary widely. What's the community really like?
The home ranks very well within the broader community for lot size, but lower for the age of the home and living space. This indicates Elmhurst is a mature neighborhood with a mix of home sizes and vintages. It's likely a stable, established area where lot size is a key differentiator between properties.