850 Laxdal Road

Elmhurst, Winnipeg

Property score

66.0

Good

Overall 66.0 · Smaller and older than most nearby homes

988 sqft (bottom 10%) · Built in 1971 (9 yrs older than avg)

Located in a high-income area with median household income of ~127k

Transit 50.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 park, and 1 place of worship nearby

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 87%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

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

66.0 is composed by the two sections below.

Property Score

51.8Fair
Living Area42
988 sqftLow
Year Built58
1971Fair
Lot Size88
7,196 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

87.2Excellent
Household Income91
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46110356

Community deep dive

$127K

Median household income

$164K

Average household income

4%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.4

P90 / P10 ratio

11%

Single-person households

41%

Families with children

Population, labour & age

Population (2021)463
Labour force participation rate62%
Median age45.2
Avg household size2.7
Unemployment rate10%
Population density1543 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households11%
Couple families with children41%
Median household income (2020)$127K

Housing

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

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority5%
Bachelor's or higher (25–64)42%
Mother tongue (1st)English · 86%
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

below average
988 sqft
0255075100
Same streetBottom 26%Same areaBottom 10%CitywideBottom 25%
Same street · Laxdal Road
#136 / 183
Bottom 26% · Avg 1,206 sqft
Same area · Elmhurst
#1,336 / 1,480
Bottom 10% · Avg 1,523 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
329k
0255075100
Same streetBottom 16%Same areaBottom 4%CitywideBottom 39%
Same street · Laxdal Road
#154 / 183
Bottom 16% · Avg 387.7k
Same area · Elmhurst
#1,420 / 1,480
Bottom 4% · Avg 460.2k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

above average
1971
0255075100
Same streetTop 26%Same areaBottom 22%CitywideTop 47%

Lot Size

above average
7,196 sqft
0255075100
Same streetBottom 38%Same areaTop 45%CitywideTop 16%

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

850 Laxdal Road — 2 amenities found within 500 m, across 2 categories, including 1 parks (nearest 221 m).

Search radius
🌳Parks1
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

850 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: 850 Laxdal Road, Winnipeg

Property Overview: 850 Laxdal Road, Winnipeg

Key Characteristics & Appeal

This 988 sqft, one-storey home in Elmhurst offers a practical and low-maintenance living option on a generous 7,196 sqft lot. Built in 1971, its key features include a fully finished basement, contributing valuable additional living space. The home presents a straightforward, grounded opportunity. Its appeal lies in its efficient use of space, the potential of the large lot for gardening or expansion, and the financial accessibility indicated by its assessment value. It ranks highly for lot size within Winnipeg, suggesting a desirable outdoor space relative to many city properties.

This property would suit first-time buyers seeking an entry point into a mature neighbourhood, downsizers looking for a manageable single-level layout without a sprawling yard, or value-oriented investors. It’s a home for those who prioritize substance and potential over immediate modern finishes, appreciating the stability of an established area and the flexibility a large lot provides.

Frequently Asked Questions

1. How does the age of the home (55 years) affect its condition and costs?
While systems and components will reflect its age, the home's rankings show it is newer than most on its street. Buyers should budget for routine maintenance expected of a mature home and consider a thorough inspection to prioritize any updates.

2. The living area is under 1,000 sqft. Does it feel spacious?
The finished basement effectively doubles the usable living space, making the home feel much larger than the main-floor square footage suggests. The layout and flow of the main level will be key factors in perceived space.

3. There is no garage. What are the parking options?
The property listing does not specify dedicated parking structures. Buyers should verify the availability of on-site driveway parking, street parking regulations, and the potential to add a garage or carport in the future, given the lot size.

4. What do the competitive rankings actually mean for resale?
The rankings are relative indicators. Notably, this home’s lot size ranks in the top 16% city-wide, a strong, lasting asset. Other metrics, like its assessment value ranking in the middle ranges, may indicate room for value growth through updates.

5. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a separate, legal rental suite. Important distinctions exist between a finished recreational space and a self-contained unit with proper egress, kitchen, and permits. This should be clarified.