Property score
82.4
Excellent
Overall 82.4 · Larger than most nearby homes
1,736 sqft (top 23%) · Built in 1979 (4 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 80.0 · 5-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Above average
25% larger than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Near average
4 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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82.4 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
417 Elmhurst Road — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 486 m), 1 education (nearest 408 m), 2 parks (nearest 492 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਟਾਪ 33% | ਟਾਪ 46% | ਟਾਪ 36% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Summary: 417 Elmhurst Road, Varsity View, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-established, two-storey family home in the sought-after Varsity View neighbourhood. Built in 1979, it sits on a generous 6,370 sqft lot and offers 1,736 sqft of living space, including a finished basement. The home lacks a garage or pool but presents a solid, low-maintenance foundation.
Its primary appeal lies in its location and value within a mature, central community. The property's competitive rankings are noteworthy: its living space is larger than over 80% of homes across Winnipeg, and its lot size offers room to breathe in an inner-city area. The home suits practical buyers—growing families, academics, or professionals—who prioritize location and space over turn-key luxury. It’s an ideal canvas for those comfortable with gradual updates, offering the rare combination of a large lot and above-average square footage for the area at a price point reflective of its vintage. A thoughtful perspective is its potential for value growth through strategic renovations, as its core attributes (lot size, location, room count) are fixed and highly desirable.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Varsity View is a mature, tree-lined community adjacent to the University of Manitoba. It offers a quiet, residential feel with excellent access to academic institutions, parks, and major routes, appealing to families, staff, and students alike.
2. Is there potential to add a garage?
Given the substantial lot size (over 6,300 sqft), there is likely space to add a detached garage or carport, subject to the City of Winnipeg's zoning bylaws and setback requirements. This is a common upgrade in the area.
3. How updated are the major systems?
The listing notes a finished basement but does not specify the age of major components like the roof, furnace, or windows. A pre-purchase inspection would be essential to understand the condition and any upcoming capital expenses.
4. Why is the assessed value higher than the 2020 sale price?
The current municipal assessment of $483,000 reflects the property's value as of a recent base date (likely 2022), accounting for market-wide appreciation. The 2020 sale price of $390,000 represents the market value at that specific time.
5. What are the property taxes?
Property taxes are not listed but can be estimated using the City of Winnipeg's mill rate and the assessed value. With an assessment of $483,000, annual taxes would be approximately $4,200 - $4,800, though this should be verified.
