Property score
71.4
Good
Overall 71.4 · Older than most nearby homes
1,137 sqft (bottom 36%) · Built in 1964 (11 yrs older than avg)
Located in a high-income area with median household income of ~105k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 2 parks nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
11 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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71.4 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
414 Elmhurst Road — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 432 m), 1 education (nearest 348 m), 1 healthcare (nearest 482 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%
414 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: 414 Elmhurst Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-situated, single-storey home built in 1964 on a notably large, mature lot of over 7,600 square feet in the established Varsity View neighbourhood. The home offers 1,137 square feet of living space with a finished basement. Its primary appeal lies in a combination of location and land value. The property ranks in the top 13% of all Winnipeg homes for lot size, offering significant outdoor space and potential in a central area. While the house itself is of average size for the area and its assessment value is on the lower end for the immediate street, this presents a clear value proposition: you are purchasing substantial land in a desirable community. The home would suit a buyer looking for a solid starter home or downsizer with room to garden or expand, or an investor/renovator who sees the underlying value in the large parcel and is comfortable with a property of this vintage. A thoughtful perspective is that this home offers a quieter, more spacious alternative to newer infill developments, preserving neighbourhood character while providing room to breathe.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Varsity View, and across all of Winnipeg. For example, being in the top 13% for lot size city-wide confirms the lot is a major asset, while the lower ranking for assessed value suggests the current improvements may be modest relative to the land.
2. Is the basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers should verify its current configuration and legal status with the seller and local authorities if considering rental income.
3. What are the implications of a 1964 build year?
Homes from this era may have original mechanical systems (like plumbing and electrical) and require updates. A thorough inspection is crucial to understand the condition and plan for any modernizations or maintenance.
4. There's no garage. Is adding one possible?
Given the very large lot size, there is likely physical space for a garage or carport. Any addition would be subject to local zoning bylaws, setback requirements, and permitting.
5. Why is the assessed value ranking lower than the others?
This often indicates that the municipal assessment reflects the current state of the home rather than the full market potential of the land. It can signal an opportunity for value increase through renovations or updates, which would be reflected in future assessments.
