Property score
53.5
Fair
Overall 53.5 · Smaller than most nearby homes
905 sqft (bottom 13%) · Built in 1965 (10 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, and 1 place of worship nearby
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Below average
10 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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53.5 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
316 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 197 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%
316 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 1965-built, one-storey home in Varsity View offers a practical and low-maintenance living option on a generous 5,380 sqft lot. Its key appeal lies in its simplicity and established neighbourhood setting. The 905 sqft main floor living space is complemented by a finished basement, providing valuable additional room. With an attached garage and no pool, the property is geared towards straightforward, year-round living. Its assessed value positions it as a mid-range option within the broader Winnipeg market.
This home would suit first-time buyers seeking an entry point into a mature community, or downsizers looking for a manageable single-level layout without the upkeep of a large yard. Its average rankings for size, age, and value within its immediate area suggest it’s a typical, no-frills property for the street, rather than a standout. A thoughtful perspective is that homes of this era often feature solid construction and larger lot sizes than newer builds, offering potential for future expansion or garden space that is harder to find today.
Frequently Asked Questions
Q: What does the ranking data actually mean?
A: The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than only 38% of houses on its street indicates it is one of the older homes in that immediate area, which is typical for a 1965 build.
Q: Is the finished basement included in the 905 sqft living area?
A: No. The 905 sqft refers to the above-ground, main floor living space. The finished basement is additional square footage, increasing the home's usable space but not reflected in that official figure.
Q: What are the implications of it being a "ONE STOREY" building type?
A: This confirms it is a bungalow-style home. All primary living spaces (bedrooms, kitchen, living room) are on one level, which is a key feature for accessibility or for those wanting to avoid stairs.
Q: How should I interpret the assessed value in relation to the selling price?
A: The assessed value ($341,000) is for municipal tax purposes and is not a direct market valuation. It can be a general benchmark, but the final sale price will be determined by current market conditions, the home's specific state, and buyer demand.
Q: The lot is large, but the house is relatively small. What does this mean?
A: This is a common scenario in older neighbourhoods. It offers a balance of manageable indoor living space with ample outdoor room for gardening, recreation, or future additions like a deck or shed, which can be a significant long-term advantage.
