Property score
50.3
Fair
Overall 50.3 · Smaller and older than most nearby homes
896 sqft (bottom 12%) · Built in 1949 (26 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 7-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
26 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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50.3 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
307 Elmhurst Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 239 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%
307 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.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1949-built, one-storey home in Varsity View offers a classic, grounded living experience on a large, 8,069 sqft lot. Its key appeal lies in the combination of a generous, established property in a central neighbourhood with a functional, no-frills layout. The home features 896 sqft of living space, a finished basement, and a detached garage.
The property’s standout characteristic is its land. The lot size ranks in the top 11% city-wide, offering rare potential for expansion, gardening, or outdoor living that is hard to find in mature neighbourhoods. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values space and location over a modern turn-key home. This buyer is likely prepared for the maintenance or updates typical of a 77-year-old house but sees the underlying value in a lot that outperforms 89% of Winnipeg properties for size. The appeal is for those who envision creating their own space over time, rather than purchasing a finished product.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the "top 11%" for lot size in Winnipeg means the property is larger than 89% of all city lots, which is a significant advantage.
2. Is the house in original condition?
Built in 1949, the home is likely to have undergone some updates, though the data specifies a finished basement. Buyers should budget for ongoing maintenance and potential updates common for a home of this age, especially considering its rankings for age and living area place it in the older and more modestly sized segments of the market.
3. Who would this property not be suitable for?
It may not suit buyers seeking a modern, low-maintenance home or those needing substantial interior space immediately. The value here is weighted toward the land and location, with the house itself offering a functional starting point.
4. How does the assessment value relate to the asking price?
The municipal assessment is $346,000, a benchmark for property taxes. The listing price may differ based on market conditions, the value of the large lot, and the home's updated features. It's a data point for comparison, not a direct price indicator.
5. What are the less obvious advantages of this property?
Beyond the obvious lot size, its rankings show it holds its value well in the broader Winnipeg context (top 51% by assessment). The central Varsity View location offers walkability and established community charm. The one-storey layout and finished basement also provide flexible living arrangements or rental potential.
