Property score
67.5
Good
Overall 67.5 · Smaller and older than most nearby homes
1,026 sqft (bottom 24%) · Built in 1951 (24 yrs older than avg)
Located in a high-income area with median household income of ~105k
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
26% smaller than neighborhood avg.
Year Built
Below average
24 yrs older than neighborhood avg.
Mother tongue
English · 79%Tagalog · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
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67.5 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: #46110350
$105K
Median household income
$129K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
26%
Single-person households
34%
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
336 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 238 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 40% | Bottom 37% | Top 49% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1951 one-and-a-half storey home in Varsity View offers a classic Winnipeg living proposition. Its key appeal lies in a substantial 8,344 sqft lot—a rare, generous parcel of land that ranks in the top 10% citywide for size. The home itself is modest at 1,026 sqft of living space and includes a finished basement. While the house is older and does not feature a garage, its exceptional lot size and established, tree-lined neighbourhood provide a solid foundation. The recent 2023 sale at $340,000, slightly below the current $345,000 assessment, suggests a stable, grounded value.
This property would best suit a pragmatic buyer who sees potential beyond the current structure. It’s ideal for someone valuing outdoor space for gardening, play, or future expansion over immediate move-in perfection. It also appeals to those seeking an entry point into a desirable central neighbourhood, willing to update a character home over time.
Frequently Asked Questions
Q: The house is older and smaller. What's the main draw here?
A: The primary asset is the land. The lot is exceptionally large for the city, offering privacy, space, and long-term potential that is increasingly hard to find in central neighbourhoods.
Q: How does the lack of a garage impact daily life and value?
A: It requires planning for vehicle parking and storage. For some, it's a drawback; for others, it presents an opportunity to build a garage or workshop tailored to their needs on the spacious lot.
Q: The home ranks low for its age. Should I be concerned?
A: It confirms the house is a classic, unrenovated post-war property. It's not a concern for a buyer anticipating updates, but it does underscore the importance of a thorough inspection to understand the condition of major systems.
Q: The lot ranks very high, but the house ranks average or below. What does this mean?
A: This disparity is the defining characteristic of the property. It indicates that the intrinsic value is heavily weighted toward the land itself, with the existing structure representing a smaller portion of the overall price.
Q: Given the 2023 sale, is the assessed value realistic?
A: The close alignment between the recent sale price and the current assessment suggests the market and city assessor see similar value, indicating a stable and transparent pricing environment for this home.
