346 Elmhurst Road

Varsity View, ਵਿਨੀਪਿਗ

Property score

82.4

Excellent

Overall 82.4 · Larger than most nearby homes

1,602 sqft (top 29%) · Built in 1978 (3 yrs newer than avg)

Located in a high-income area with median household income of ~105k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

16% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

82.4 is composed by the two sections below.

Property Score

79.2Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ83
1,602 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ67
1978Good
ਜ਼ਮੀਨ93
8,339 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Varsity View

How to read: Share of sales in each ~$50k price band for “varsity view” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110350

Community deep dive

$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

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,602 sqft
0255075100
Same streetਟਾਪ 14%Same areaਟਾਪ 29%Citywideਟਾਪ 25%
Same street · Elmhurst Road
#33 / 242
ਟਾਪ 14% · ਔਸਤ 1,247 sqft
Same area · Varsity View
#247 / 848
ਟਾਪ 29% · ਔਸਤ 1,387 sqft
Citywide · ਵਿਨੀਪਿਗ
#49,175 / 194,458
ਟਾਪ 25% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
488k
0255075100
Same streetਟਾਪ 14%Same areaਟਾਪ 33%Citywideਟਾਪ 22%
Same street · Elmhurst Road
#33 / 242
ਟਾਪ 14% · ਔਸਤ 393.7k
Same area · Varsity View
#282 / 848
ਟਾਪ 33% · ਔਸਤ 444.7k
Citywide · ਵਿਨੀਪਿਗ
#42,318 / 194,458
ਟਾਪ 22% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1978
0255075100
Same streetਟਾਪ 21%Same areaਟਾਪ 38%Citywideਟਾਪ 35%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
8,339 sqft
0255075100
Same streetਟਾਪ 36%Same areaਟਾਪ 26%Citywideਟਾਪ 10%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

346 Elmhurst Road — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 254 m).

Search radius
🌳Parks2
Worship1

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

346 Elmhurst Road: ਅਸੀਂ ਸਿਰਫ਼ ਜਨਤਕ ਡਾਟਾ ਦੇ ਆਧਾਰ 'ਤੇ ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ ਨਹੀਂ ਦਿਖਾ ਰਹੇ; ਇਸ ਦਾ ਮਤਲਬ ਇਹ ਨਹੀਂ ਕਿ ਕਦੇ ਵਿਕਰੀ ਨਹੀਂ ਹੋਈ। ਤੁਸੀਂ ਹੇਠਾਂ «Data notes» ਵਿੱਚ ਈਮੇਲ ਰਾਹੀਂ ਮੰਗ ਕਰ ਸਕਦੇ ਹੋ—ਅਸੀਂ ਹੱਥੀ ਖੋਜ ਕੇ ਸਭ ਤੋਂ ਸਹੀ ਜਾਣਕਾਰੀ ਨਾਲ ਜਵਾਬ ਦੇਵਾਂਗੇ।

Related homes

ਵਿਨੀਪਿਗ 346 Elmhurst Road — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 346 Elmhurst Road

Key Characteristics & Appeal

This 1978-built, single-storey home in Varsity View sits on a large, 8,339 sqft lot, offering a notable sense of space and privacy for the area. With 1,602 sqft of living space and a finished basement, it provides practical, single-level living. Its standout feature is its competitive positioning: the property ranks in the top tiers across the neighbourhood and city for lot size, living area, and assessed value, indicating a home that outperforms many of its peers on key metrics. The appeal lies in this combination of a spacious, established property with strong relative value within its market.

It would suit buyers looking for a grounded, no-fuss family home in a mature neighbourhood, particularly those who prioritize a large yard over a new build. It’s also a sensible option for anyone who appreciates single-level living or is planning for long-term accessibility. A less obvious perspective is that its high rankings for lot size and value suggest it could be a strategic purchase for someone looking for a property with inherent "land value" in a sought-after area, offering potential for future updates or expansion.


Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others. For example, being in the top 10% in Winnipeg for lot size means 90% of city homes sit on smaller lots. This data highlights the home's relative strengths in space and value.

2. Is the age of the home (built in 1978) a concern?
While not a new build, the home's age is typical for the neighbourhood. Its rankings show it surpasses 61% of Winnipeg homes in age (newer than 39% of them), placing it in a middle range. A thorough inspection is always recommended to understand the condition of major systems.

3. Who would benefit most from the single-storey layout?
This layout is ideal for families seeking all main living areas on one floor, individuals planning for aging in place, or anyone who prefers to avoid stairs. The finished basement adds extra flexible space separate from the main living area.

4. How significant is the lot size?
At over 8,300 sqft, the lot is a major asset. It provides ample outdoor space for recreation, gardening, or entertaining—a feature that is increasingly rare and often commands a premium in established neighbourhoods.

5. What is the significance of the assessed value ranking?
Ranking in the top 20% in Winnipeg for assessed value suggests the property is officially valued higher than 80% of homes in the city. This often correlates with a strong market position and can reflect a desirable combination of location, land, and improvements.