Property score
45.9
Below average
Overall 45.9 · Smaller and older than most nearby homes
717 sqft (bottom 3%) · Built in 1956 (19 yrs older than avg)
Located in a above-average income area with median household income of ~77k
Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Below average
19 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
45.9 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
331 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 264 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%
331 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: 331 Elmhurst Road, Varsity View, Winnipeg
This 1956-built, one-storey home sits on a generous 5,379 sqft lot in the established Varsity View neighbourhood. Its key appeal lies in its solid foundation and location, offering a classic, low-maintenance footprint with a fully finished basement and a detached garage. The 717 sqft living area is compact, suggesting an efficient layout suitable for downsizers, first-time buyers, or investors. Its relative value is highlighted by the fact that, while the home's size and age rank in the lower tiers locally, its assessed value ranks higher than over a third of all Winnipeg homes, indicating the underlying worth of the land and location. This property suits a practical buyer who prioritizes a mature neighbourhood, a sizable lot with potential, and a move-in-ready home without the scale or upkeep of a larger modern house. It’s a straightforward opportunity in a sought-after area, where the value may be more in what you can do with the property over time than in its current specifications.
Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a central, mature neighbourhood known for its tree-lined streets and proximity to the University of Manitoba. It offers a quiet, established community feel with convenient access to amenities.
2. Is the basement included in the 717 sqft living area?
No, the 717 sqft figure refers to the above-ground living space. The home also features a fully finished basement, which provides additional usable square footage.
3. What does the lot size allow for?
At over 5,000 sqft, the lot is a significant asset. It provides ample outdoor space for gardening, recreation, or future expansion, subject to local zoning and permit approvals.
4. How should I interpret the ranking data?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, ranking higher than 54% of Winnipeg homes for price/value suggests it is positioned in the middle of the market, while its lower rankings for size and age confirm its status as a smaller, older character home.
5. What are the main considerations for maintenance?
As a home built in 1956, a prospective buyer should budget for and investigate the age and condition of major systems like the roof, plumbing, and electrical, which may be due for updates or replacement.
