257 Elmhurst Road

Varsity View, Winnipeg

Property score

54.3

Fair

Overall 54.3 · Smaller and older than most nearby homes

803 sqft (bottom 6%) · Built in 1942 (33 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

42% smaller than neighborhood avg.

Year Built

Below average

33 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

54.3 is composed by the two sections below.

Property Score

36.1Low
Living Area32
803 sqftLow
Year Built24
1942Low
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

below average
803 sqft
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 9%
Same street · Elmhurst Road
#222 / 242
Bottom 8% · Avg 1,247 sqft
Same area · Varsity View
#797 / 848
Bottom 6% · Avg 1,387 sqft
Citywide · Winnipeg
#176,502 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

below average
236k
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 14%
Same street · Elmhurst Road
#237 / 242
Bottom 2% · Avg 393.7k
Same area · Varsity View
#830 / 848
Bottom 2% · Avg 444.7k
Citywide · Winnipeg
#166,860 / 194,458
Bottom 14% · Avg 390.1k

Year Built

below average
1942
0255075100
Same streetBottom 9%Same areaBottom 5%CitywideBottom 20%

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

257 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 383 m), 1 shopping (nearest 345 m), 2 parks (nearest 264 m).

Search radius
🏥Healthcare1
🛒Shopping1
🌳Parks2

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

257 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: 257 Elmhurst Road, Winnipeg

Property Overview: 257 Elmhurst Road

Key Characteristics & Appeal

This is a classic 1942 one-storey home in Varsity View, situated on a generous 5,382 sqft lot. With 803 sqft of living space and a finished basement, it offers compact but functional living. Its core appeal lies in its location and the potential of its large lot. The home ranks highly within its immediate area for lot size, placing in the top 14% of the neighborhood, which is a significant advantage in an established community.

The property suits two primary types of buyers. First, it's a practical entry point for first-time buyers or downsizers seeking an affordable home in a central, mature neighborhood. Second, it appeals to value-oriented investors or renovators who see the underlying asset: a large, well-located parcel of land with an older home that presents a clear opportunity for modernization or redevelopment over time. A less obvious perspective is its appeal to those who prioritize outdoor space over interior square footage; the lot offers room for gardens, play areas, or expansion that is rare for the price point in this area.

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, ranking in the "top 46%" for lot size city-wide means its lot is larger than 54% of all Winnipeg properties, a notable strength for its age and location.

2. Is the house in original condition?
Built in 1942, the home is 84 years old. The data indicates it is older than most homes in its immediate area (ranking in the top 95% for age, meaning only 5% are older). Buyers should budget for updates consistent with a house of this era, though the basement has already been finished.

3. Why is the assessed value ranking relatively low?
The assessment ranks in the top 81% city-wide, meaning it's assessed lower than most Winnipeg homes. This typically reflects the home's age, smaller size, and original condition compared to newer or renovated properties, not necessarily the land value.

4. What are the implications of having no garage?
The lack of a garage is common for homes of this vintage. It provides more usable yard space but requires alternative planning for vehicle parking and storage. This is a key consideration for buyers with multiple vehicles or storage needs.

5. Who is this property not well-suited for?
It may not suit buyers seeking a modern, move-in-ready home without renovation projects, or those who require significant interior space and multiple bedrooms on the main floor. The appeal is grounded in location, lot potential, and value, rather than immediate modern comfort.