383 Elmhurst Road

Varsity View, Winnipeg

Property score

66.5

Good

Overall 66.5 · Older than most nearby homes

1,131 sqft (bottom 35%) · Built in 1910 (65 yrs older than avg)

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

Transit 70.0 · 6-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Below average

65 yrs older 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

66.5 is composed by the two sections below.

Property Score

52.8Fair
Living Area60
1,131 sqftFair
Year Built10
1910Low
Lot Size85
6,939 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

Neighbourhood Sales

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.

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.

Rankings

Living Area

around average
1,131 sqft
0255075100
Same streetTop 50%Same areaBottom 35%CitywideBottom 43%
Same street · Elmhurst Road
#121 / 242
Top 50% · Avg 1,247 sqft
Same area · Varsity View
#549 / 848
Bottom 35% · Avg 1,387 sqft
Citywide · Winnipeg
#110,855 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

below average
299k
0255075100
Same streetBottom 14%Same areaBottom 12%CitywideBottom 29%
Same street · Elmhurst Road
#208 / 242
Bottom 14% · Avg 393.7k
Same area · Varsity View
#747 / 848
Bottom 12% · Avg 444.7k
Citywide · Winnipeg
#138,166 / 194,458
Bottom 29% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 6%

Lot Size

above average
6,939 sqft
0255075100
Same streetBottom 31%Same areaBottom 48%CitywideTop 17%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

383 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 458 m), 2 parks (nearest 400 m).

Search radius
🏫Education1
🌳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%

Sales History

Sold 10/2024CA$300k–350k
Sold price

Same street

Bottom 33%

Same area

Bottom 34%

City-wide

Bottom 47%

Related homes

Highlights & common questions: 383 Elmhurst Road, Winnipeg

Property Overview: 383 Elmhurst Road

Key Characteristics & Appeal

This is a character-filled, one-and-three-quarter storey home in the established Varsity View neighborhood. Built in 1910, it sits on a notably large, deep lot of nearly 7,000 sqft, offering more outdoor space than most city properties. The home itself has 1,131 sqft of living space, a finished basement, and a detached garage.

Its primary appeal lies in a blend of location, lot size, and value. The lot size ranks in the top 17% city-wide, a rare find that provides privacy, gardening potential, and room for expansion. While the home is historic, its recent sale price and assessment sit comfortably below the Winnipeg average, presenting an entry point into a desirable central neighborhood close to the University of Manitoba. This property would suit a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who values space and location over a modern, turn-key home. It’s for someone who sees potential in the generous yard and is prepared for the realities and charms of a century-old structure.

Frequently Asked Questions

1. What does the "one-and-three-quarter storey" style mean?
This typically describes a home with a full main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with slightly reduced ceiling height at the edges. It's a classic architectural style full of character.

2. The home is over 100 years old. What should I consider?
While offering undeniable charm, a 1910-built home will likely have older systems (plumbing, electrical, insulation). A thorough inspection is essential to understand the condition and plan for any updates, which can be factored into the offering price.

3. How does the large lot size benefit me?
Beyond simple outdoor space, a lot of this size (ranking in the top 17% in Winnipeg) is a long-term asset. It provides exceptional privacy, room for gardens, play areas, or future additions like a shed, deck, or even a suite (subject to zoning and permits).

4. The rankings show it's newer than only 5% of Winnipeg homes. Is that a concern?
This statistic highlights the home's historic nature. It's not a drawback for a buyer seeking character, but it does underscore the importance of a meticulous inspection to assess the maintenance and updating the home has received over its long life.

5. Why did it sell for more than its assessed value?
This is common in active markets, especially for unique properties. The assessment is for taxation purposes, while the market price reflects what buyers are currently willing to pay for the combination of location, lot size, and home features.