260 Elmhurst Road

Varsity View, Winnipeg

Property score

65.6

Good

Overall 65.6 · Smaller than most nearby homes

1,021 sqft (bottom 23%) · Built in 1975

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

26% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer 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

65.6 is composed by the two sections below.

Property Score

54.9Fair
Living Area52
1,021 sqftFair
Year Built58
1975Fair
Lot Size67
5,275 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

around average
1,021 sqft
0255075100
Same streetBottom 30%Same areaBottom 23%CitywideBottom 28%
Same street · Elmhurst Road
#169 / 242
Bottom 30% · Avg 1,247 sqft
Same area · Varsity View
#649 / 848
Bottom 23% · Avg 1,387 sqft
Citywide · Winnipeg
#139,586 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

around average
356k
0255075100
Same streetBottom 38%Same areaBottom 30%CitywideBottom 48%
Same street · Elmhurst Road
#149 / 242
Bottom 38% · Avg 393.7k
Same area · Varsity View
#595 / 848
Bottom 30% · Avg 444.7k
Citywide · Winnipeg
#100,496 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1975
0255075100
Same streetTop 24%Same areaTop 44%CitywideTop 40%

Lot Size

around average
5,275 sqft
0255075100
Same streetBottom 1%Same areaBottom 6%CitywideTop 48%

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

260 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 366 m), 1 shopping (nearest 339 m), 2 parks (nearest 226 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

260 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: 260 Elmhurst Road, Winnipeg

Property Overview: 260 Elmhurst Road

Key Characteristics & Appeal

This is a well-maintained bi-level home built in 1975, situated on a generous 5,275 sqft lot in the established Varsity View neighbourhood. Its key features include a finished basement and a detached garage. With 1,021 sqft of living space, it presents a practical layout for a smaller household or first-time buyers.

The appeal lies in its balance of space and location within a mature community. While its interior square footage is modest, the large lot offers valuable outdoor potential and a sense of openness uncommon in newer subdivisions. The home’s condition and age place it in a competitive middle ground—it’s not a brand-new build, but it ranks as newer than over half of the homes across Winnipeg, suggesting it has been reasonably maintained or updated.

This property would best suit pragmatic buyers looking for an entry point into a desirable neighbourhood without a premium price tag. It’s ideal for a small family, a couple, or an investor seeking a stable rental property. The large yard is a significant asset for those valuing private outdoor space over extensive indoor square footage. The rankings indicate it’s a solid, average performer in the broader market, making it a sensible choice rather than a standout luxury purchase.

Frequently Asked Questions

1. What does the ranking data actually tell me?
The rankings compare this home against others on its street, in Varsity View, and across all of Winnipeg for metrics like size, age, and assessed value. For example, being newer than 55% of Winnipeg homes suggests it’s in a decent state of repair relative to the city's housing stock, while its lot size is a top-tier feature for the local street.

2. Is the finished basement included in the 1,021 sqft living area?
Typically, the listed living area (sqft) refers to above-grade space. The finished basement is an additional area, adding functional living space not reflected in that primary square footage figure.

3. What are the implications of a "detached" garage?
A detached garage offers flexibility for its use (e.g., workshop, storage) without impacting house layout or noise. However, it means going outside to access your vehicle, which is a consideration during Winnipeg winters.

4. The home is over 50 years old. What should I budget for?
While the rankings suggest it's in fair comparative condition, a home of this age will likely need ongoing maintenance. Budgeting for potential updates to major systems like roofing, plumbing, or windows is a prudent step.

5. How does the assessed value relate to the likely selling price?
The municipal assessment of $356,000 is for tax purposes and is based on past market data. The final sale price is determined by the current market. In active areas, the selling price can be significantly higher than the assessed value.