Property score
45.1
Below average
Overall 45.1 · Smaller and older than most nearby homes
704 sqft (bottom 3%) · Built in 1951 (24 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, and 1 place of worship nearby
Living Area
Below average
49% smaller than neighborhood avg.
Year Built
Below average
24 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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45.1 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
330 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 218 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 29% | Bottom 33% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
330 Elmhurst Road is a 1951-built, one-storey home in Winnipeg's Varsity View neighbourhood. Its key characteristic is a well-proportioned 5,379 sqft lot, which is notably larger than most in the immediate area. The 704 sqft home includes a finished basement and a detached garage. Recent market activity is highlighted by a sale in August 2023 for $320,000, which sits above the current assessed value of $295,000.
The primary appeal lies in its location and land. Varsity View is a central, established community near the University of Manitoba, offering convenience and mature streetscapes. The large lot is a significant asset, providing ample outdoor space and future potential in a neighbourhood where many properties are more compact. This home would suit first-time buyers, investors, or downsizers seeking an entry point into a desirable area where the value is anchored by the land itself. It’s a practical choice for those comfortable with a home whose interior space is modest and whose character reflects its 1950s origins, seeing it as a canvas for personal updates over time.
Frequently Asked Questions
1. What is the true value, given the difference between the 2023 sale price and the current assessment?
The assessed value is for taxation purposes and often lags behind the current market. The 2023 sale price is a more direct indicator of recent market value, suggesting buyer demand for well-located lots in this area.
2. Is the 704 sqft living area including the finished basement?
Typically, official living area (sqft) refers to above-grade space. The finished basement adds usable living area but is often not included in that specific square footage figure, meaning the total functional space is greater.
3. What does the lot size ranking mean for this property?
The data shows this home's lot size surpasses 98% of other lots on its street and 92% in Varsity View. This is a standout feature, implying more privacy, yard space, and potential than most comparable properties nearby.
4. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home with ample interior space or those unwilling to consider updates. The rankings indicate the interior size is quite compact relative to the area.
5. What is the significance of the "One Storey" building type?
This indicates a bungalow-style layout, which can be appealing for its straightforward floor plan and potential for easier accessibility. It's a style in consistent demand, particularly on a large lot.
