47 Elmvale Crescent

Southboine, Winnipeg

Property score

73.0

Good

Overall 73.0 · Smaller than most nearby homes

1,442 sqft (bottom 23%) · Built in 1977 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~79k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 3 parks nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 85%French · 1%

Past 10 years Southboine sales snapshot (~80% of all data)

Sold Count

71

Median price

1.18M

$/sqft

$362/sqft

Avg build year

1975

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Property score

73.0 is composed by the two sections below.

Property Score

74.7Good
Living Area75
1,442 sqftGood
Year Built67
1977Good
Lot Size91
7,973 sqftExcellent
Neighbourhood Sales Activity53
Fair

Community Score

70.5Good
Household Income76
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health42
Low

Neighbourhood Sales

Southboine

How to read: Share of sales in each ~$50k price band for “southboine” (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: #46111099

Community deep dive

$79K

Median household income

$116K

Average household income

16%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

33%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)1,349
Labour force participation rate53%
Median age55.6
Avg household size2.2
Unemployment rate12%
Population density2645 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households33%
Couple families with children16%
Median household income (2020)$79K

Housing

Renter households53%
Condominium dwellings7%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 85%
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
1,442 sqft
0255075100
Same streetBottom 33%Same areaBottom 23%CitywideTop 34%
Same street · Elmvale Crescent
#22 / 33
Bottom 33% · Avg 1,941 sqft
Same area · Southboine
#199 / 260
Bottom 23% · Avg 1,969 sqft
Citywide · Winnipeg
#65,368 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
515k
0255075100
Same streetTop 39%Same areaBottom 38%CitywideTop 17%
Same street · Elmvale Crescent
#13 / 33
Top 39% · Avg 556k
Same area · Southboine
#160 / 260
Bottom 38% · Avg 592.8k
Citywide · Winnipeg
#33,907 / 194,458
Top 17% · Avg 390.1k

Year Built

around average
1977
0255075100
Same streetBottom 42%Same areaTop 37%CitywideTop 37%

Lot Size

above average
7,973 sqft
0255075100
Same streetTop 30%Same areaBottom 31%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

47 Elmvale Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 145 m).

Search radius
🌳Parks3

Crime & Safety

Southboine · WPS public data · 2026

Annual incidents

3

2026

vs. city avg

-90%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

67%

Sales History

Sold 8/2016CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Bottom 32%

City-wide

Top 17%

Related homes

Highlights & common questions: 47 Elmvale Crescent, Winnipeg

Property Summary: 47 Elmvale Crescent

Key Characteristics & Appeal

This is a well-established, single-storey home in Southboine, Winnipeg, built in 1977. Its primary appeal lies in its generous, nearly 8,000 sqft lot, which places it in the top 11% of properties city-wide for land size, offering significant outdoor space and potential. The home features 1,442 sqft of living space with a finished basement and an attached garage. Key data points suggest a property that balances space and value: it ranks highly for its lot size and assessed value within Winnipeg, indicating a solid foundation relative to the broader market. The appeal is grounded in space, established community character, and a practical layout. It would particularly suit buyers looking for a manageable single-level living space on a large lot—ideal for gardening, family play, or future expansion—who value the mature trees and settled feel of an older neighbourhood over a brand-new build. A thoughtful perspective is that while the home itself is average in size for the area, the land parcel is a standout asset, offering a rarity that can't be replicated in newer subdivisions.

Potential Buyer FAQs

  1. What does the "ranking" data actually tell me?
    It shows how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg for specific metrics. For example, its lot size ranks in the top 11% city-wide, which is a significant advantage, while its living area is fairly average for the city.

  2. Is the 1977 build year a concern?
    As with any home of this age, a thorough inspection is essential to assess the condition of major systems like roof, wiring, and plumbing. The data shows the home's age is newer than about 59% of Winnipeg houses, so it's in the middle range, not among the oldest.

  3. How does the 2024 assessed value relate to the likely selling price?
    The assessed value of $515,000 is for municipal tax purposes. Market value is determined by current buyer demand, recent sales of comparable homes, and the property's condition. The 2016 sale price of $490,000 provides historical context, but the market has evolved since then.

  4. What are the pros and cons of a large lot like this?
    Pros include ample privacy, space for recreation, gardens, or additions like a shed or deck. Cons typically involve higher maintenance (more lawn to mow, potentially more snow to clear) and possibly higher property taxes relative to homes on smaller lots.

  5. Who would this home not be suitable for?
    It may not suit those seeking a modern, open-concept layout or a completely turn-key, low-maintenance property, as some updates may be desired. It's also a single-storey, so those preferring multiple distinct levels of living space might look elsewhere.