Property score
67.4
Good
Overall 67.4 · Smaller than most nearby homes
1,069 sqft (bottom 29%) · Built in 1984 (9 yrs newer than avg)
Located in a high-income area with median household income of ~91k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer 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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67.4 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
265 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 405 m), 1 shopping (nearest 371 m), 2 parks (nearest 252 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 34% | Bottom 35% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 265 Elmhurst Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1984, situated on a generous 5,381 sqft lot in the established Varsity View neighbourhood. With 1,069 sqft of living space and a finished basement, it offers practical, single-level living. The home’s recent sale price of $330,000 in October 2024 sits below its current assessed value, suggesting a market-driven purchase.
Its primary appeal lies in its location and lot size within a mature community. The property ranks highly for its newer age and larger lot compared to most homes on its street, offering a sense of space and established surroundings. It would suit first-time buyers seeking an entry into a desirable neighbourhood, downsizers looking for manageable single-level living without a condo fee, or value-oriented investors attracted by the below-assessment purchase price and the potential of a finished basement.
A less obvious perspective is the home’s "middle-of-the-pack" rankings in the broader area. It doesn’t lead in every category but represents a solid, average offering for Winnipeg, which can mean less competition and more realistic pricing compared to top-ranked properties, presenting a grounded opportunity.
Section 2: Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Varsity View, and across all of Winnipeg. For example, it’s newer than 84% of houses on its street but has less living space than 63% of them. This highlights its strengths (lot size, age) relative to immediate neighbours, while showing it’s a very typical home in the wider city context.
2. Is the finished basement included in the listed living area?
No. The listed living area of 1,069 sqft refers to the above-grade space. The finished basement provides additional usable rooms but is not counted in the official square footage, which is a common point of clarification.
3. Why was it sold for less than the assessed value?
Assessed value is for municipal taxation and can differ from market value. A sale below assessment can reflect factors like the home’s specific condition, buyer-seller motivation, or market adjustments at the time of sale, not necessarily a problem with the property.
4. What are the implications of having no garage?
This means parking is limited to the driveway and street. For some buyers, this is a trade-off for the larger lot. It’s important to consider vehicle storage, winter parking bylaws, and potential future costs of adding a garage if desired.
5. How significant is the 1984 build year?
Homes from this era often benefit from modern wiring and insulation standards compared to much older homes, but may be due for updates to original components like windows, roofing, or kitchens. A thorough inspection is advised to understand the condition of these 40-year-old elements.
