278 Elmhurst Road

Varsity View, Winnipeg

Property score

43.4

Below average

Overall 43.4 · Smaller and older than most nearby homes

672 sqft (bottom 2%) · Built in 1956 (19 yrs older than avg)

Located in a above-average income area with median household income of ~77k

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

52% smaller than neighborhood avg.

Year Built

Below average

19 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 4%

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

43.4 is composed by the two sections below.

Property Score

29.7Low
Living Area15
672 sqftLow
Year Built43
1956Low
Lot Size67
5,382 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

63.9Fair
Household Income75
Good
Education Level34
Low
Housing Stress52
Fair
Core Housing Need76
Good
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: #46110349

Community deep dive

$77K

Median household income

$79K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

41%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)426
Labour force participation rate69%
Median age38.8
Avg household size2.0
Unemployment rate9%
Population density2662 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households41%
Couple families with children19%
Median household income (2020)$77K

Housing

Renter households35%
Condominium dwellings17%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority14%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
672 sqft
0255075100
Same streetBottom 2%Same areaBottom 2%CitywideBottom 2%
Same street · Elmhurst Road
#237 / 242
Bottom 2% · Avg 1,247 sqft
Same area · Varsity View
#835 / 848
Bottom 2% · Avg 1,387 sqft
Citywide · Winnipeg
#189,625 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

below average
272k
0255075100
Same streetBottom 9%Same areaBottom 8%CitywideBottom 22%
Same street · Elmhurst Road
#220 / 242
Bottom 9% · Avg 393.7k
Same area · Varsity View
#783 / 848
Bottom 8% · Avg 444.7k
Citywide · Winnipeg
#151,134 / 194,458
Bottom 22% · Avg 390.1k

Year Built

around average
1956
0255075100
Same streetBottom 27%Same areaBottom 21%CitywideBottom 36%

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

278 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 415 m), 1 shopping (nearest 393 m), 2 parks (nearest 197 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

278 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: 278 Elmhurst Road, Winnipeg

Property Overview & Appeal

This 1956-built, single-story home in Varsity View offers a compact and efficient 672 sqft of living space on a generous 5,382 sqft lot. Its key characteristic is its location within a well-established, mature neighbourhood near the University of Manitoba. The appeal lies in its relative affordability and the potential of its large lot, which is significantly bigger than many in the area. The home has a finished basement, adding functional space.

It would best suit a first-time buyer, an investor, or a downsizer looking for a lower-maintenance property with land to garden or potentially expand. Its below-average rankings for size, age, and value within its immediate area suggest it is a more modest, entry-level property in a desirable location, appealing to those prioritizing lot size and neighbourhood over a modern or spacious interior.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Varsity View, and across all of Winnipeg. For example, ranking in the "top 97%" for size means only 3% of Winnipeg homes are smaller, highlighting its compact nature, while its lot size ranks more competitively.

2. Is the large lot a major advantage?
Yes. The lot is over 5,300 sqft, which is a standout feature. It offers ample outdoor space for gardening, recreation, or future landscaping projects that the smaller home itself does not provide.

3. What are the implications of the home's age (70 years)?
While the home has character, a 1956 build means prospective buyers should budget for potential updates to major aging systems like plumbing, electrical, or the roof, and anticipate a style of layout that may feel compartmentalized compared to modern open-concept designs.

4. There's no garage. How is parking?
The property has no garage, so parking is limited to the driveway and street. This is common for homes of this era in the area and is an important logistical consideration for vehicle owners.

5. The finished basement adds value, but are there any concerns?
A finished basement in a 70-year-old home increases usable space, but it's wise to investigate the quality of the finish, ceiling height, moisture control, and whether any necessary updates to the foundation or insulation were addressed during the renovation.