Property score
52.3
Fair
Overall 52.3 · Smaller and older than most nearby homes
929 sqft (bottom 14%) · Built in 1954 (21 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 healthcare facility, 1 shop, and 2 parks nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Below average
21 yrs older 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
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52.3 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
300 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 489 m), 1 shopping (nearest 473 m), 2 parks (nearest 182 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 26% | Top 41% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 26% | Bottom 29% | Bottom 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 300 Elmhurst Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, well-maintained 1954 bungalow on a generous 5,381 sqft lot in the established Varsity View neighborhood. Its key features include a fully finished basement, a split garage, and a practical 929 sqft main-floor living area. The home’s appeal lies in its solid foundation and prime location, offering a quiet, mature setting with the convenience of nearby university amenities and city access.
It particularly suits first-time buyers or downsizers seeking a manageable, single-story layout without a major renovation project, and investors or builders attracted by the large lot in a desirable area. A thoughtful perspective is its competitive positioning: while the home itself is modest in size and age compared to the broader market, its recent sale price significantly outperformed its assessed value and area rankings, suggesting buyers see strong underlying value in the lot and location that isn't fully captured by the basic metrics.
Section 2: Frequently Asked Questions
1. How does the finished basement affect the living space?
It adds valuable, flexible space beyond the 929 sqft main floor, which is common for bungalows of this era. Buyers should verify the quality and permits of the finish.
2. What do the area rankings actually mean?
They show how this property compares to others in the immediate area. For example, ranking in the top 46% for lot size in Winnipeg indicates a larger-than-average yard, while its age and living area are more typical for the neighborhood.
3. Why did it sell for significantly more than its assessed value?
The recent sale at $400,000, well above the $369,000 assessment, typically reflects strong buyer demand for the specific location and lot, viewing the property's potential as higher than its official valuation.
4. Is the split garage a drawback?
It provides covered parking for two vehicles but with separate doors. This is a period-appropriate feature; some may prefer the convenience of a double door, while others appreciate the architectural character.
5. What is the likely maintenance focus for a 1954 home?
While systems may have been updated, a home of this age warrants a thorough inspection of its core components: roof, foundation, plumbing, and electrical, to plan for ongoing upkeep.
