62 Elmvale Crescent

Southboine, Winnipeg

Property score

70.7

Good

Overall 70.7 · Smaller but newer than most nearby homes

1,381 sqft (bottom 20%) · Built in 1978 (3 yrs newer than avg)

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

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 4 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Year Built

Above average

3 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

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

70.7 is composed by the two sections below.

Property Score

70.8Good
Living Area71
1,381 sqftGood
Year Built67
1978Good
Lot Size81
6,066 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
1,381 sqft
0255075100
Same streetBottom 24%Same areaBottom 20%CitywideTop 37%
Same street · Elmvale Crescent
#25 / 33
Bottom 24% · Avg 1,941 sqft
Same area · Southboine
#207 / 260
Bottom 20% · Avg 1,969 sqft
Citywide · Winnipeg
#71,173 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetBottom 33%Same areaBottom 23%CitywideTop 25%
Same street · Elmvale Crescent
#22 / 33
Bottom 33% · Avg 556k
Same area · Southboine
#201 / 260
Bottom 23% · Avg 592.8k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 33%Same areaTop 26%CitywideTop 35%

Lot Size

above average
6,066 sqft
0255075100
Same streetBottom 24%Same areaBottom 5%CitywideTop 29%

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

62 Elmvale Crescent — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 234 m).

Search radius
🌳Parks4

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

62 Elmvale Crescent: 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: 62 Elmvale Crescent, Winnipeg

Property Overview

This well-established bungalow in Southboine offers a practical and comfortable living space on a generous, mature lot. Its key appeal lies in its solid, single-level layout with a finished basement, providing flexible space for a growing family or those seeking single-floor convenience. The nearly 6,100 sqft lot is a significant asset, offering ample outdoor space for gardening, play, or future expansion in a quiet crescent setting.

The home suits first-time buyers or downsizers looking for a manageable, updated property without the maintenance of an older character home. It also appeals to value-focused buyers who prioritize lot size and functional space over brand-new construction. A thoughtful perspective is its competitive ranking in lot size and assessed value city-wide, suggesting a strong fundamental value proposition relative to the broader Winnipeg market, despite being a more modest home within its immediate neighborhood.

Key Details & FAQs

Key Characteristics:

  • Layout: A classic 1978 one-storey bungalow (1,381 sqft) with a finished basement.
  • Lot: A standout feature at 6,066 sqft, offering above-average outdoor space.
  • Condition: The finished basement adds valuable living space, indicating previous updates.
  • Parking: Includes an attached garage.
  • Value Position: The home's assessed value ranks notably higher city-wide (top 23%) than its size does within its own community, highlighting its lot and condition as key value drivers.

FAQs:

1. What is the neighborhood like?
The home is located on a quiet crescent in Southboine. Its rankings show it is a more modest-sized property compared to many in its immediate community, suggesting a neighborhood of varied home sizes and values.

2. Is the basement a legal suite?
The details state the basement is finished, but there is no indication it is a separate, legal rental suite. Buyers should verify its configuration and compliance with local regulations if that is a priority.

3. How does the property compare in value?
With an assessed value of $469,000, it ranks higher than 77% of Winnipeg homes, indicating strong assessed value for the city. However, it's assessed lower than 68% of homes in its own community, which may reflect its more standard size compared to larger homes in the area.

4. What might the rankings mean for a buyer?
The rankings suggest you are purchasing a home with a very competitive lot size and assessed value for Winnipeg overall. Within the local context, it offers a more affordable entry point into the community, with the trade-off being a smaller living space than many neighbors.

5. What are the main considerations for maintenance?
As a home built in 1978, a thorough inspection of major aging components is essential. This includes the roof, windows, heating system, and foundation. The mature lot is a bonus but may also require upkeep.