Property score
83.0
Excellent
Overall 83.0 · Larger and newer than most nearby homes
1,626 sqft (top 28%) · Built in 1989 (14 yrs newer than avg)
Located in a high-income area with median household income of ~105k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 healthcare facility, and 1 park nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Above average
14 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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83.0 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
427 Elmhurst Road — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 456 m), 1 education (nearest 392 m), 1 healthcare (nearest 494 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%
427 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 Summary: 427 Elmhurst Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-family bungalow situated on a large, mature lot in the sought-after Varsity View neighborhood. Built in 1989, the home offers 1,626 sqft of living space, a finished basement, and an attached garage. Its standout feature is its significant lot size of 6,790 sqft, which is well above average for the area and provides ample outdoor space for gardening, recreation, or future expansion.
The appeal lies in its balanced offering of space, location, and value. The home ranks notably high against local benchmarks for its lot size, assessed value, and living area, indicating a property that is both substantial and desirable within its market. It suits buyers looking for a solid, move-in ready home in a prime central neighborhood—perfect for a small family, professionals, or downsizers who value a main-floor living layout and a generous, private yard without the maintenance of an older character home. A thoughtful perspective is that this property represents a "grounded opportunity": it's not the newest on the block, but its above-average rankings in key metrics suggest a well-positioned asset in a stable community, offering more land than typical modern infill projects.
Frequently Asked Questions
1. What is the significance of the property rankings provided?
The rankings show how this home compares to others on its street, in Varsity View, and across all of Winnipeg in specific categories. For example, being in the top 19% city-wide for lot size means you're getting more land than over 80% of Winnipeg properties, a key differentiator.
2. Is the basement included in the 1,626 sqft living area?
Typically, the listed living area refers to above-grade, finished space. The basement is listed separately as "finished," meaning it provides additional usable living space not reflected in the main 1,626 sqft figure.
3. What are the benefits of a one-storey (bungalow) layout?
Bungalows offer main-floor living for all primary daily activities, which is ideal for accessibility, families with young children, or those planning for long-term ease. The finished basement then adds flexible space for guests, a home office, or recreation.
4. The house was built in 1989. What should I consider?
A home of this age is likely past its major initial systems warranties but is also young enough that many original components may have been recently updated. A thorough inspection will be crucial to assess the roof, windows, HVAC, and plumbing, which could be nearing or have entered their typical renewal periods.
5. Why is the assessed value ranking so high compared to the neighborhood?
Ranking in the top 23% of Varsity View for assessed value suggests the municipal assessment reflects the property's above-average attributes—like its large lot and good living space—relative to its neighbors. It can indicate strong underlying value, but the final market price is determined by buyer competition.
