308 Elmhurst Road

Varsity View, Winnipeg

Property score

62.0

Fair

Overall 62.0 · Older than most nearby homes

1,321 sqft (top 46%) · Built in 1945 (30 yrs older 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: 2 parks nearby

Living Area

Near average

5% smaller than neighborhood avg.

Year Built

Below average

30 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

62.0 is composed by the two sections below.

Property Score

60.7Fair
Living Area71
1,321 sqftGood
Year Built30
1945Low
Lot Size67
5,380 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

around average
1,321 sqft
0255075100
Same streetTop 34%Same areaTop 46%CitywideTop 40%
Same street · Elmhurst Road
#83 / 242
Top 34% · Avg 1,247 sqft
Same area · Varsity View
#386 / 848
Top 46% · Avg 1,387 sqft
Citywide · Winnipeg
#78,160 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
350k
0255075100
Same streetBottom 36%Same areaBottom 29%CitywideBottom 46%
Same street · Elmhurst Road
#155 / 242
Bottom 36% · Avg 393.7k
Same area · Varsity View
#605 / 848
Bottom 29% · Avg 444.7k
Citywide · Winnipeg
#104,540 / 194,458
Bottom 46% · Avg 390.1k

Year Built

below average
1945
0255075100
Same streetBottom 14%Same areaBottom 6%CitywideBottom 22%

Lot Size

around average
5,380 sqft
0255075100
Same streetBottom 6%Same areaBottom 10%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

308 Elmhurst Road — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 187 m).

Search radius
🌳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

308 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: 308 Elmhurst Road, Winnipeg

Property Overview & Appeal

This 1945-built, one-and-a-half storey home in Varsity View offers a classic, grounded opportunity. Its key characteristic is a generous 5,380 sqft lot, providing substantial outdoor space that is increasingly rare in mature neighbourhoods. With 1,321 sqft of living space and an unfinished basement, the home presents a straightforward layout with clear potential for personalization or expansion to suit a buyer's needs. Its appeal lies in this balance of established community charm and a blank-canvas aspect. The property ranks notably well for its lot size within Winnipeg, placing it above the majority of city homes for outdoor space.

It would suit a practical buyer who values location and land over immediate turn-key finishes. This could be a first-time buyer or an investor comfortable with a home that has "good bones" and requires updates, or someone looking to add value through a renovation. The unfinished basement and the home's era also make it a potential fit for a buyer with specific renovation plans, as there are fewer pre-existing finishes to work around.

Frequently Asked Questions

1. What does "one-and-a-half storey" typically mean for a 1945 home?
This style usually features a main floor with principal rooms and a second floor with sloped ceilings, often housing bedrooms in a cozier, character-filled space. It's a classic Winnipeg design from that era.

2. How significant is the lot size?
At over 5,000 sqft, the lot is a major asset. It offers ample room for gardening, play, entertaining, or future additions like a deck or garage, providing a sense of space that is hard to find in newer infill developments.

3. The home ranks lower for "newness" but high for lot size. How should I weigh that?
This highlights the property's profile: you are investing primarily in location and land. The house itself is a vintage property requiring modern updates, but it sits on a sizable plot in a desirable, established neighbourhood.

4. What are the implications of an unfinished basement?
While it requires investment to finish, it offers flexibility. You can customize the layout, insulation, and systems to your needs without removing old materials, and it can provide valuable dry storage in the meantime.

5. The assessment value is $350,000. Is that the expected sale price?
Not necessarily. Municipal assessments are for tax purposes and often lag behind the current market. The sale price will be determined by recent comparable sales, buyer demand, and the property's condition.