Property score
83.6
Excellent
Overall 83.6 · Larger and newer than most nearby homes
2,936 sqft (top 6%) · Built in 1994 (19 yrs newer than avg)
Located in a above-average income area with median household income of ~79k
Transit 52.0 · 5-min walk to transit with 1 nearby route · Within 500m: 5 parks nearby
Living Area
Above average
49% larger than neighborhood avg.
Year Built
Above average
19 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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83.6 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
87 Elmvale Crescent — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 353 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 | Top 17% | Top 3% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview
87 Elmvale Crescent is a substantial two-storey home in Southboine, Winnipeg, built in 1994. Its primary appeal lies in offering significant space and established prestige on a very large, private lot. The home sits on over 13,000 square feet of land, placing it in the top tier of property sizes locally. With nearly 3,000 square feet of living space, a finished basement, and an attached garage, it is designed for comfortable family living and entertaining.
The home’s standout feature is its remarkable statistical dominance in the market. It ranks in the top 3-5% of homes in its neighborhood and across Winnipeg for key metrics like lot size, living area, and assessed value. A recent sale price of $1.3M in early 2024 significantly exceeded its current assessment, underscoring its desirability and the premium buyers place on this specific package of location, land, and space.
This property is ideally suited for established buyers or multi-generational families seeking a long-term home with ample room to grow, privacy, and a strong sense of permanence. It would also appeal to value-conscious purchasers who prioritize tangible assets, as the land itself represents a major and rare component of the home’s worth. The less obvious perspective here is that while the house is three decades old, its rankings show it is actually newer than most comparable properties in the area, offering a modern layout without sacrificing the maturity of the established neighborhood and landscape.
Frequently Asked Questions
Q: The assessment is listed at $995,000, but it sold for $1.3M recently. Why the large difference?
A: This is not uncommon for unique, high-end properties. The assessed value is an administrative valuation for tax purposes, which often lags behind the dynamic market. The recent sale price is a clearer reflection of its current market value, driven by its rare lot size and premium characteristics.
Q: What does "ranking" mean in the property details?
A: The rankings show how this property compares to others in its immediate street, neighborhood, and all of Winnipeg. For example, being in the "top 3%" for lot size means 97% of Winnipeg homes sit on smaller lots. It’s a quick way to gauge the property’s standout features.
Q: Is a 1994-built home considered old?
A: While 30 years old, the data provides context: it is newer than over 75% of homes in both its community and Winnipeg overall. This suggests the home likely has more modern construction standards and layouts than many in the area, while still being part of an established, mature neighborhood.
Q: Who would this home not be suitable for?
A: It may not suit first-time buyers, those seeking a low-maintenance or lock-and-leave lifestyle, or buyers with a tight budget for utilities and upkeep. The large lot requires commitment to landscaping, and the overall scale of the home entails higher operating costs.
Q: The lot is huge. Are there any potential drawbacks to that?
A: The large lot is a major asset offering privacy and space. However, prospective buyers should consider the associated responsibilities: higher property taxes (based on land value), greater time or cost for lawn and garden maintenance, and potential bylaws regarding development or outbuildings if future expansion is considered.
