85 Ascot Bay

Elmhurst, Winnipeg

Property score

69.2

Good

Overall 69.2 · Smaller and older than most nearby homes

1,040 sqft (bottom 15%) · Built in 1969 (11 yrs older than avg)

Located in a high-income area with median household income of ~116k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 3 parks, and 1 bank/ATM nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 82%French · 2%

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

69.2 is composed by the two sections below.

Property Score

57.1Fair
Living Area52
1,040 sqftFair
Year Built52
1969Fair
Lot Size91
7,543 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

87.4Excellent
Household Income90
Excellent
Education Level91
Excellent
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

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: #46110354

Community deep dive

$116K

Median household income

$132K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

13%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)472
Labour force participation rate50%
Median age49.6
Avg household size2.6
Unemployment rate11%
Population density1815 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households13%
Couple families with children29%
Median household income (2020)$116K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$448K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority7%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,040 sqft
0255075100
Same streetBottom 28%Same areaBottom 15%CitywideBottom 32%
Same street · Ascot Bay
#23 / 32
Bottom 28% · Avg 1,169 sqft
Same area · Elmhurst
#1,263 / 1,480
Bottom 15% · Avg 1,523 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
320k
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 36%
Same street · Ascot Bay
#32 / 32
Bottom 1% · Avg 388.2k
Same area · Elmhurst
#1,433 / 1,480
Bottom 3% · Avg 460.2k
Citywide · Winnipeg
#125,394 / 194,458
Bottom 36% · Avg 390.1k

Year Built

Elite
1969
0255075100
Same streetTop 3%Same areaBottom 12%CitywideTop 49%

Lot Size

above average
7,543 sqft
0255075100
Same streetTop 38%Same areaTop 31%CitywideTop 13%

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

85 Ascot Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 455 m), 1 healthcare (nearest 437 m), 3 parks (nearest 208 m).

Search radius
🍽️Dining1
🏥Healthcare1
🌳Parks3
🏦Finance1
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 9/2021CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 21%

City-wide

Top 46%

Related homes

Highlights & common questions: 85 Ascot Bay, Winnipeg

Property Overview: 85 Ascot Bay

Section 1: Key Characteristics & Appeal

This 1969-built, one-storey bungalow in Elmhurst offers a classic and practical living arrangement on a notably large, 7,543 sqft lot. Its key features include 1,040 sqft of living space and a finished basement, providing flexible room for family life, hobbies, or storage. The home’s standout characteristic is its exceptional lot size, which ranks within the top 13% of all properties in Winnipeg, presenting a rare canvas for gardening, outdoor recreation, or future expansion.

The appeal here is grounded in space, potential, and location. The generous yard is a significant asset in a mature neighbourhood, offering privacy and room to breathe that is harder to find in newer subdivisions. While the house itself has a modest footprint, the finished basement effectively doubles the usable space. It suits first-time buyers looking for a solid entry point into a stable neighbourhood, downsizers seeking single-level living without sacrificing outdoor space, or value-oriented buyers who see the long-term potential in the land itself. A thoughtful perspective is that this property represents a balance: you acquire a home that is functionally ready, but the true future value may lie in the land’s possibilities, making it a pragmatic choice for both immediate living and long-term investment.

Section 2: Frequently Asked Questions

1. How does the age of the home (1969) affect things?
While older, the home ranks newer than 97% of others on its street, indicating it’s among the more recent builds in a well-established area. Buyers should budget for standard maintenance consistent with a home of this era and consider a thorough inspection, but can also appreciate the character and mature landscaping of an established neighbourhood.

2. The assessed value is lower than the 2021 sale price. What does that mean?
Municipal assessments for taxation don't always align perfectly with current market value. The 2021 sale price is a concrete data point showing what a buyer recently paid. The assessment being lower could suggest potential tax savings, but the market will ultimately determine the new sale price.

3. There’s no garage. Is that a major drawback?
For some buyers, it is. However, the very large lot provides ample space to add a detached garage or workshop, subject to local bylaws. This could be seen as a blank slate for customization rather than just a missing feature.

4. The living area is ranked below average for the city. Is the house too small?
At 1,040 sqft plus a finished basement, the home offers efficient, single-level living. The rankings show it’s not a large house by today's standards, but the finished basement significantly expands usable space, making it practical for small families or couples.

5. Why are the rankings for lot size and building age so different?
This highlights the property’s unique profile. It has a lot size that is far above average, placing it in a very competitive tier. The building age is average for Winnipeg but is actually quite new for its specific street and neighbourhood. This combination suggests you’re getting a newer home on an unusually large parcel for the area.