Property score
80.0
Excellent
Overall 80.0 · Newer than most nearby homes
2,213 sqft (top 31%) · Built in 1979 (4 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
Near average
12% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 85%French · 1%
Past 10 years Southboine sales snapshot (~80% of all data)
71
1.18M
$362/sqft
1975
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80.0 is composed by the two sections below.
Property Score
Community Score
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.
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: #46111099
$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
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
55 Elmvale Crescent — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 185 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 17% | Bottom 36% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
55 Elmvale Crescent is a spacious, well-established two-storey home in Winnipeg's Southboine area. Built in 1979, it sits on a large, approximately 7,000 sqft lot and offers over 2,200 sqft of finished living space, including a developed basement. The home features an attached garage and ranks highly within Winnipeg for its above-average living area and assessed value.
Section 1: Key Characteristics & Appeal
This home’s primary appeal lies in its generous scale and established neighbourhood setting. The nearly 2,213 sqft of living space places it within the top 6% of homes in Winnipeg for size, offering ample room for a growing family or those who value spacious interiors. The large lot provides private outdoor space with potential for gardening, play, or expansion. Its fully developed basement adds significant functional space, ideal for a recreation room, home office, or guest suite.
The property suits buyers looking for a move-in ready, sizeable home in a mature community without the premium of a brand-new build. It’s particularly well-matched for families seeking room to grow, or for multi-generational living arrangements where the finished basement can offer flexibility. The strong rankings in assessed value and living area suggest a property that has been maintained and stands above average in its market segment. A thoughtful perspective is that homes from this era often feature larger room proportions and more substantial lot sizes than many newer constructions, offering a sense of space that can be hard to replicate.
Section 2: Frequently Asked Questions
1. How does the 1979 build year affect the home?
While the home is nearly 50 years old, its rankings show it is newer than 62% of Winnipeg homes. Buyers should expect the potential for updates (like windows, roof, or mechanical systems) common for the age, but also benefit from proven neighbourhood maturity and established landscaping.
2. What do the ranking percentages actually mean?
They are competitive benchmarks. For example, being in the top 6% for living area in Winnipeg means the home is significantly larger than most. Conversely, being in the top 74% within its own community for lot size (meaning it surpasses only 26% of neighbours) indicates that while the lot is large city-wide, it is more average within this specific, desirable neighbourhood.
3. Is the 2017 sale price relevant today?
The 2017 sale of $515,000 provides historical context, but the current assessed value of $554,000 is the city's estimate of its market value for taxation purposes. The actual market price will be determined by current conditions, recent upgrades, and buyer demand.
4. What is the significance of the high assessment value ranking?
Ranking in the top 11% in Winnipeg for assessed value suggests the city views this as a higher-value property overall, which typically correlates with desirable location, size, condition, and amenities. It’s a strong indicator of the home’s standing in the broader market.
5. What type of neighbourhood is Southboine?
As part of the larger Fort Richmond area, Southboine is a mature, primarily residential community near the University of Manitoba. It offers a mix of family homes, quiet streets, and convenient access to parks, schools, and major routes, appealing to academics, professionals, and families.
