Property score
49.6
Below average
Overall 49.6 · Smaller and older than most nearby homes
620 sqft (bottom 1%) · Built in 1915 (60 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 2 parks nearby
Living Area
Below average
55% smaller than neighborhood avg.
Year Built
Below average
60 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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49.6 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
237 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 341 m), 1 shopping (nearest 295 m), 2 parks (nearest 296 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%
237 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 Summary: 237 Elmhurst Road
Key Characteristics & Appeal
This is a classic one-storey home in the established Varsity View neighbourhood, built in 1915. Its primary appeal lies in its substantial 8,073 sqft lot, which is significantly larger than most in Winnipeg, placing it in the top 11% of the city for land size. The property features a detached garage and an unfinished basement, presenting a blank canvas for expansion or storage. With a modest 620 sqft of living space and an assessed value of $255,000, it represents a relatively accessible entry point into a desirable area.
The home suits a specific type of buyer: those who value land potential over turn-key living. It’s ideal for an investor, a builder, or a hands-on homeowner with a vision. The appeal isn't the current house, but the opportunity it presents—the chance to build new, expand significantly, or simply own a large piece of a mature community. A less obvious perspective is its appeal to someone seeking a "grounds-first" lifestyle, where the large outdoor space for gardens, recreation, or future projects is the true living area, with the existing house serving as a functional starting point.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, being in the "top 11%" for land size in Winnipeg means 89% of properties have a smaller lot. Conversely, rankings for living area and age show the current home is quite small and among the older in its immediate area.
2. Is the house in livable condition?
The listing notes an unfinished basement and does not mention recent renovations. Given its age and size, buyers should budget for updates and plan for a thorough inspection to assess the condition of major systems like plumbing, electrical, and the foundation.
3. What can be done with such a large lot?
The lot size offers notable potential. Subject to local zoning bylaws, possibilities could include a significant addition to the existing home, building a new primary residence, or even subdividing the lot if permitted—all of which would require due diligence and city approvals.
4. Why is the assessed value relatively low compared to the lot's appeal?
Municipal assessments typically reflect the current state and size of the dwelling as much as the land value. The modest assessment here aligns with the small, 111-year-old home currently on a valuable piece of land, highlighting the discrepancy between the property's present use and its future potential.
5. What are the immediate next steps for a serious buyer?
A buyer should first verify all development possibilities with the City of Winnipeg's planning department to understand the exact zoning rules and any restrictions. Following this, a detailed home inspection is essential to understand the costs of maintaining or updating the existing structure versus planning for a full rebuild.
