Property score
55.8
Fair
Overall 55.8 · Smaller than most nearby homes
785 sqft (bottom 1%) · Built in 1981 (1 yr newer than avg)
Located in a high-income area with median household income of ~114k
Transit 40.0 · 7-min walk to transit with 1 nearby route · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 1%
Past 10 years Elmhurst sales snapshot (~80% of all data)
438
477k
$391/sqft
1980
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55.8 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110359
$114K
Median household income
$125K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
18%
Single-person households
35%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
98 Woodfield Bay — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 139 m), 1 parks (nearest 188 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Bottom 35% | Top 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 98 Woodfield Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Elmhurst is defined by its compact efficiency and notable value proposition. Its key characteristic is its modest 785 sqft living area, which is significantly smaller than most homes on its street, in the neighborhood, and across Winnipeg. However, this is paired with a very low assessed value ($33,800) and a recently renovated basement, creating a specific niche.
The primary appeal lies in its affordability and manageability. It represents a rare entry point into the Winnipeg market, particularly for a standalone house. It would suit first-time buyers, investors seeking a rental property, or downsizers looking to minimize space, maintenance, and property taxes. A thoughtful perspective is that its smaller footprint and lower operating costs align well with a minimalist or environmentally conscious lifestyle. While it lacks a garage and pool, its renovated basement adds functional living space. The lot is average for the street but smaller than typical for Elmhurst, offering manageable outdoor upkeep.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. It reflects the home's smaller size relative to its surroundings. For a buyer, it translates to significantly lower annual property taxes compared to neighboring homes, which is a lasting financial benefit.
2. How does the living area compare practically?
At 785 sqft above grade, it's a compact layout. The renovated basement effectively doubles the usable living space, making the overall footprint more functional for daily life than the main floor square footage alone suggests.
3. What does the "ranking" data mean for livability?
The rankings show this home is an outlier in size and value on its street. This means you're buying into a stable, established neighborhood (homes built circa 1980) but at a price point detached from the typical home value there. You benefit from the location without the typical cost.
4. Who might this property not suit?
It may not suit families requiring multiple bedrooms or dedicated workspaces on the main floor, or buyers who prioritize equity growth from square footage appreciation. The lack of a garage could also be a drawback for some.
5. What is the potential here?
The potential is for comfortable, cost-effective living in a well-established area. For the right buyer, the value is in the land location, the low carrying costs, and the fact that a major update (the basement) is already complete. It’s a pragmatic choice over a prestige one.
