786 Laxdal Road

Elmhurst, Winnipeg

Property score

66.6

Good

Overall 66.6 · Smaller and older than most nearby homes

946 sqft (bottom 6%) · Built in 1972 (8 yrs older than avg)

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

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

Living Area

Below average

38% smaller than neighborhood avg.

Year Built

Below average

8 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

66.6 is composed by the two sections below.

Property Score

51.8Fair
Living Area42
946 sqftLow
Year Built58
1972Fair
Lot Size88
7,199 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

below average
946 sqft
0255075100
Same streetBottom 17%Same areaBottom 6%CitywideBottom 21%
Same street · Laxdal Road
#151 / 183
Bottom 17% · Avg 1,206 sqft
Same area · Elmhurst
#1,385 / 1,480
Bottom 6% · Avg 1,523 sqft
Citywide · Winnipeg
#154,109 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
325k
0255075100
Same streetBottom 14%Same areaBottom 4%CitywideBottom 37%
Same street · Laxdal Road
#158 / 183
Bottom 14% · Avg 387.7k
Same area · Elmhurst
#1,426 / 1,480
Bottom 4% · Avg 460.2k
Citywide · Winnipeg
#122,076 / 194,458
Bottom 37% · Avg 390.1k

Year Built

above average
1972
0255075100
Same streetTop 16%Same areaBottom 25%CitywideTop 45%

Lot Size

above average
7,199 sqft
0255075100
Same streetBottom 45%Same areaTop 42%CitywideTop 15%

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

786 Laxdal Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 347 m).

Search radius
🌳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

786 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: 786 Laxdal Road, Winnipeg

Property Summary: 786 Laxdal Road, Winnipeg

Section 1: Key Characteristics & Appeal

This 1972-built, single-story home in Elmhurst sits on a generous 7,199 sqft lot, offering a solid foundation in a mature neighbourhood. Its key appeal lies in its efficient, fully-finished 946 sqft layout and its established setting. The property shows strong long-term value, ranking in the top 15% of all Winnipeg for lot size, which is a permanent asset. While the living space is modest, the finished basement adds functional square footage.

The home suits practical buyers looking for a manageable, ground-level layout—ideal for downsizers, first-time homeowners, or investors seeking a stable rental property. Its appeal is less about modern luxury and more about space, location, and the potential of a large yard in a well-ranked community. A thoughtful perspective is that this property represents a "blank canvas" on a prime lot; its value is heavily tied to the land and the opportunity it presents for future expansion or landscaping, rather than its current interior finishes.

Section 2: Frequently Asked Questions

1. How does the age of the home (54 years) impact ownership?
While the 1972 build date means some systems may be original and due for updates, it also indicates a home built with established neighbourhood character. The rankings show it is newer than 84% of homes on its street, suggesting it's among the more recent builds in the immediate area.

2. The living space seems smaller than average. Is the home cramped?
At 946 sqft above grade, the layout is efficient. The key is the fully finished basement, which significantly expands the usable living area. It's best suited for individuals, couples, or small families who prioritize a large yard over a large interior footprint.

3. What do the ranking percentages actually mean for me?
They provide a quick, relative snapshot. For example, ranking in the top 15% in Winnipeg for lot size is a significant advantage. Conversely, rankings for living space and assessed value are more average, indicating a fairly priced home for its current size and condition.

4. There's no garage. How is parking and storage handled?
The listing notes no garage, so parking would be via driveway or street. The large lot could allow for adding a garage or shed in the future, subject to local bylaws. Storage would rely on the basement and any existing shed structures.

5. Is the assessed value a reliable indicator of the selling price?
The municipal assessment of $325,000 is a starting point for property taxes, not a market valuation. Market price is determined by current buyer demand, condition, and comparable sales. Its assessment ranks in the top 58% in Winnipeg, suggesting it is viewed as a solid, mid-range property by the city assessor.