Property score
41.8
Below average
Overall 41.8 · Smaller and older than most nearby homes
694 sqft (bottom 2%) · 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, and 1 place of worship nearby
Living Area
Below average
50% 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)
281
492k
$398/sqft
1975
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41.8 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
320 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 203 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 | Bottom 24% | Bottom 27% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1945-built, single-storey home in Varsity View offers a compact, no-frills living space on a surprisingly large lot. Its primary appeal lies in its location and the potential inherent in its generous land size. The 694 sqft home is modest and ranks in the lower percentiles for size and age among its peers, but it sits on a 5,380 sqft lot, providing a rare amount of outdoor space for the neighbourhood. The property features a finished basement and no garage.
It would best suit a specific type of buyer: a pragmatic first-time purchaser comfortable with a smaller, older footprint, or an investor/developer who sees value in the land itself. Its appeal is not in its current condition or size, but in its location within a sought-after area and the future possibilities the lot presents. It’s a property where the land is the asset, and the house represents either a simple starter home or a redevelopment opportunity.
Key Considerations & FAQs
What does the ranking data actually mean?
The data shows this property is smaller and older than most in its immediate area. However, its lot size is a standout feature, and its assessed value sits in a more competitive range, suggesting the land contributes significantly to its worth.
Is the finished basement included in the 694 sqft living area?
No, the 694 sqft refers to the above-ground living space. The finished basement provides additional usable area, which is a valuable asset in a home of this size.
Who would this property not suit?
It would not suit buyers looking for a move-in-ready, modern family home with ample indoor space or garage parking. It’s best for those with a vision for the lot or very modest space needs.
The 2021 sale price was higher than the current assessment. What does that indicate?
This could reflect a cooling market shift since 2021, or it may indicate that the previous sale included factors not captured in a standard assessment, such as specific interior updates. It underscores the importance of viewing the current assessment as a baseline, not a market price.
What are the less obvious factors to consider here?
The very large lot for the area could mean higher property taxes relative to the home's size, but also greater flexibility for additions, landscaping, or future redevelopment (subject to zoning). The age of the home (81 years) necessitates a thorough inspection, as maintenance and system updates will be a key part of ownership costs.
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