Property score
61.5
Fair
Overall 61.5 · Smaller and older than most nearby homes
1,004 sqft (bottom 22%) · Built in 1944 (31 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
31 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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61.5 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (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: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
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
224 Elmhurst Road — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 458 m), 1 healthcare (nearest 264 m), 1 shopping (nearest 217 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
224 Elmhurst Road: 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1944-built one-storey home in Varsity View offers a classic, no-frills living opportunity. Its key appeal lies in its generous 5,384 sqft lot—a significant size for the neighbourhood—paired with a modest 1,004 sqft living space. The home presents as a straightforward project, featuring an unfinished basement and a detached garage. Its value proposition is grounded in its location and land, rather than modern finishes or move-in-ready condition.
The property would best suit a specific type of buyer: a hands-on individual or investor looking for a solid foundation in a well-established area. It’s a prime candidate for a renovation or expansion project, where the new owner can add their own value. Alternatively, it could serve as a practical, low-maintenance starter home for someone comfortable with its vintage character. The rankings provided suggest it’s a competitively sized property on its street, but its age and assessed value indicate it’s seen fewer updates than many in the wider area, highlighting its potential as a blank canvas.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, its land size ranks in the top 15% on its street, which is a strong point. Conversely, its assessed value ranks in the top 98% (meaning it’s among the lowest 2% on its street), which often signals an older home that hasn’t been recently renovated or reassessed after major improvements.
2. Is the unfinished basement a drawback?
It depends on your goals. It’s not immediate living space, but it provides accessible storage, mechanicals, and significant potential for future development (subject to permits and codes), which could add valuable square footage.
3. What are the implications of a 1944 build date?
Expect classic construction and character, but also prioritize inspections for aging components like plumbing, electrical, and the foundation. Its age is greater than 95% of homes in Varsity View, so a thorough understanding of its condition is essential.
4. Who might this property not suit?
Buyers seeking a modern, turn-key home without renovation projects should likely look elsewhere. Similarly, those needing extensive finished living space or a large, updated interior right away may find the current layout limiting.
5. The lot is large, but what can I do with it?
The 5,384 sqft lot is a major asset. Beyond a spacious yard, it offers possibilities for gardening, outdoor living, and even future additions like a deck, workshop, or garage expansion. It also provides a degree of privacy and space uncommon in newer subdivisions.
