Property score
51.5
Fair
Overall 51.5 · Smaller and older than most nearby homes
778 sqft (bottom 5%) · Built in 1948 (27 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Below average
27 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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51.5 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
247 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 361 m), 1 shopping (nearest 320 m), 2 parks (nearest 278 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 33% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 247 Elmhurst Road
This 1.5-storey home in Varsity View offers a classic Winnipeg character home on a generous 5,382 sqft lot. Built in 1948, it presents a solid opportunity for a specific type of buyer. Its appeal lies in its established neighborhood location and the potential contained within its structure and sizable land. With 778 sqft of living space and a finished basement, it functions practically but may feel compact for some.
The home would suit a first-time buyer comfortable with a property of vintage charm that may require updates, or an investor attracted by the lot size and location near the University of Manitoba. It’s less suited for those seeking modern, move-in-ready finishes or expansive square footage without a renovation project. A thoughtful perspective is that while its rankings for size and age are modest, its lot size offers a relative rarity in the city—a canvas for future expansion or landscaping that newer subdivisions often can't match. The 2022 sale price above the current assessed value suggests a market recognition of its underlying potential.
Frequently Asked Questions
1. What does "ONE & 1/2 STOREY" mean?
This is a common Winnipeg architectural style, typically featuring a main floor with living areas and a second floor with sloped ceilings (under the roofline) housing the bedrooms. It offers more character than a bungalow but with a different layout than a full two-storey.
2. The living area is 778 sqft. Is that the total space?
No, that's the above-ground living area. The home also has a finished basement, which adds functional space for recreation, laundry, or storage, but is not included in the official square footage calculation.
3. How should I interpret the ranking data?
The rankings compare this property to others in its immediate area and citywide. For example, being newer than only 23% of Winnipeg homes clearly indicates it's an older property. Conversely, its lot size is more competitive, being larger than 54% of city lots.
4. Why is the 2022 sale price higher than the current assessed value?
Assessed value is for municipal tax purposes and can lag behind market trends. The 2022 sale reflects what a buyer was willing to pay at that time, which can be influenced by factors like market conditions, specific buyer demand, and the home's perceived potential.
5. What is the significance of the large lot size?
Beyond providing more yard space, a lot of this scale (over 5,000 sqft) in an established neighborhood is a valuable long-term asset. It allows room for additions, a large garden, or future redevelopment possibilities, subject to zoning, which adds a layer of potential not found in properties on smaller lots.
