Property score
80.2
Excellent
Overall 80.2 · Compared with neighbourhood average
1,495 sqft (top 36%) · Built in 1981 (6 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 70.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Near average
6 yrs newer 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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80.2 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
395 Elmhurst Road — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 430 m), 2 parks (nearest 446 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%
395 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
This 1981-built, one-storey home in Varsity View offers a compelling blend of space, location, and value. Its key appeal lies in a very large, 8,503 sqft lot—a rarity that places it in the top 10% of all Winnipeg properties for land size. The 1,495 sqft living area is also above average for its street and community. While the basement is unfinished, this presents a straightforward opportunity for customization. The home ranks highly across most metrics for its immediate area, particularly for lot size and assessed value, suggesting a solid, established property in a desirable neighbourhood.
Its character suits buyers looking for a grounded, long-term family home with ample outdoor space for gardening, play, or future expansion. It’s especially fitting for those who value a quiet, mature neighbourhood and prefer the convenience of single-level living or are planning for it. The unfinished basement and 1981 vintage mean it appeals to practical buyers comfortable with some updates or personalization over time, rather than those seeking a completely turn-key modern finish.
Frequently Asked Questions
1. What does the high ranking in "Assessed Value" for the street and city actually indicate?
It means the city's assessment of this property's worth is higher than most homes around it. This generally reflects the combined value of its large lot and above-average living space for the area, but it's not a direct market price.
2. The house is 45 years old. What should I be mindful of?
While systems may have been updated, a prudent buyer would budget for potential age-related maintenance. The good ranking for its "newness" on the street suggests it compares well to neighbouring homes, but a thorough inspection of the roof, windows, and major mechanical systems (furnace, electrical) is advisable.
3. How significant is the unfinished basement?
It's a key blank canvas. It adds significant potential square footage for future living space, storage, or a workshop, but completing it will require a planned investment. For some, the flexibility to finish it to their own taste is a major advantage.
4. The lot is exceptionally large. What are the benefits and responsibilities?
The benefits are substantial privacy, space for additions like a deck or garage, and room for landscaping. The responsibility is the ongoing maintenance—lawn care, gardening, and snow removal—which will be more considerable than on a standard lot.
5. Who would this property NOT be ideally suited for?
It may not suit buyers seeking a brand-new, low-maintenance home or those who prefer a compact, urban yard. The need for some potential updates and the scale of the lot make it better for owners who enjoy or are prepared for the hands-on aspects of home and grounds care.
