Property score
60.3
Fair
Overall 60.3 · Smaller than most nearby homes
1,022 sqft (bottom 24%) · Built in 1984 (9 yrs newer than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 shop, and 2 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 4%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
60.3 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: #46110349
$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
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
295 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 1 shopping (nearest 484 m), 2 parks (nearest 235 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 | Top 7% | Top 21% | Top 15% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 42% | Bottom 47% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 295 Elmhurst Road
This 1984 bi-level home in Varsity View presents a practical and well-maintained living space. Its key appeal lies in its established, quiet neighbourhood and a recent sale price that significantly exceeds its assessed value, indicating strong market confidence. The home sits on a larger-than-average lot (over 5,380 sq ft) for the area, offering valuable outdoor space. With a finished basement and attached garage, it provides a functional 1,022 sq ft of living area.
It would suit first-time buyers or downsizers looking for a manageable, single-family home in a central Winnipeg neighbourhood without the premium of a newer build. The recent transaction history suggests it may also attract investors or buyers who see value in the land and the home's solid fundamentals, trusting the neighbourhood's stability over a modern floor plan.
Frequently Asked Questions
1. How does the recent sale price compare to similar homes?
The October 2024 sale at $512,000 placed this home in the top 16% of all Winnipeg sales by price, outperforming 84% of properties. In its own Varsity View neighbourhood, it ranked in the top 27%.
2. What does the "bi-level" design mean for daily living?
A bi-level typically features a split entry, with living areas on one level and sleeping areas on another short flight of stairs. This design offers good separation of space but involves more stairs than a bungalow. The basement here is finished, adding usable space.
3. Is the lot size a significant advantage?
At 5,380 sq ft, the lot is larger than many in the area, ranking in the top 10% within its immediate street. This allows more room for gardening, play, or future outdoor amenities compared to tighter lots.
4. The home is 40 years old. What should I consider?
While the structure is mature, its ranking for age is relatively strong—newer than 66% of Winnipeg homes. The key focus would be on the condition and age of major systems (roof, windows, furnace) updated since its 1984 construction, which due diligence should verify.
5. Why is the assessed value ($411,000) so different from the sale price?
Municipal assessments for tax purposes often lag behind rapid market shifts. The $101,000 difference suggests buyers placed a high value on this specific property's location, lot, condition, or recent improvements, paying a market premium not yet reflected in the official assessment.
