231 Elmhurst Road

Varsity View, Winnipeg

Property score

70.3

Good

Overall 70.3 · Older than most nearby homes

1,564 sqft (top 32%) · Built in 1918 (57 yrs older than avg)

Located in a high-income area with median household income of ~91k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby

Living Area

Near average

13% larger than neighborhood avg.

Year Built

Below average

57 yrs older than neighborhood avg.

Mother tongue

English · 80%French · 3%

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

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

70.3 is composed by the two sections below.

Property Score

62.7Fair
Living Area79
1,564 sqftGood
Year Built16
1918Low
Lot Size67
5,382 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

81.7Excellent
Household Income81
Excellent
Education Level72
Good
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

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: #46110348

Community deep dive

$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

Population, labour & age

Population (2021)392
Labour force participation rate62%
Median age48.4
Avg household size2.3
Unemployment rate4%
Population density1866 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children26%
Median household income (2020)$91K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)13%
Visible minority8%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 79%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,564 sqft
0255075100
Same streetTop 16%Same areaTop 32%CitywideTop 27%
Same street · Elmhurst Road
#39 / 242
Top 16% · Avg 1,247 sqft
Same area · Varsity View
#272 / 848
Top 32% · Avg 1,387 sqft
Citywide · Winnipeg
#52,822 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
336k
0255075100
Same streetBottom 25%Same areaBottom 22%CitywideBottom 41%
Same street · Elmhurst Road
#181 / 242
Bottom 25% · Avg 393.7k
Same area · Varsity View
#661 / 848
Bottom 22% · Avg 444.7k
Citywide · Winnipeg
#114,442 / 194,458
Bottom 41% · Avg 390.1k

Year Built

below average
1918
0255075100
Same streetBottom 3%Same areaBottom 1%CitywideBottom 12%

Lot Size

around average
5,382 sqft
0255075100
Same streetBottom 12%Same areaBottom 14%CitywideTop 46%

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

231 Elmhurst Road — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 320 m), 1 shopping (nearest 270 m), 3 parks (nearest 318 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks3

Crime & Safety

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%

Sales History

231 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.

Related homes

Highlights & common questions: 231 Elmhurst Road, Winnipeg

Property Summary: 231 Elmhurst Road

Key Characteristics & Appeal

This is a character-filled one-and-a-half storey home in Varsity View, built in 1918. Its primary appeal lies in its generous 5,382 sqft lot and above-average living space (1,564 sqft) for the area, offering more room than most homes on its street and in the wider city. The property includes a split garage, adding practical utility.

The home suits buyers who value established neighbourhoods, larger lot sizes, and the potential inherent in a character property. It is a solid candidate for those comfortable with a home of this vintage, likely seeing it as a foundation for personalization. A less obvious perspective is its competitive standing: while the home's age is a factor, its above-average square footage and lot size give it a relative advantage in space—a tangible asset in a mature community. It would particularly fit a buyer prioritizing land and interior space over modern construction, or an investor/renovator who sees value beyond the current condition.

Frequently Asked Questions

1. What does the age of the home (1918) mean for a buyer?
It indicates a character home with potential for original features, but also necessitates a thorough inspection for foundational, electrical, and plumbing systems to understand any needed updates or retrofits.

2. How significant is the lot size?
At over 5,300 sqft, the lot is a key feature, offering more outdoor space than 88% of properties on the street. This allows for greater privacy, gardening, or expansion potential compared to typical city lots.

3. What do the ranking percentages actually tell me?
They show how this property compares to others in specific categories. For example, its living space ranks better than 84% of homes on its street, meaning it's notably larger than most neighbours, while its assessed value is more moderate, ranking higher than only 25% on the street.

4. Is the split garage a full, detached garage?
The listing specifies a "split garage." This typically means a detached garage that is shared or divided, possibly with a neighbour. Confirming the exact arrangement and ownership rights would be an essential due diligence step.

5. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without renovation projects, or those who prioritize low-maintenance, newer construction over character and lot size.