Property score
78.6
Good
Overall 78.6 · Newer than most nearby homes
1,322 sqft (top 45%) · 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
Near average
5% smaller 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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78.6 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
431 Elmhurst Road — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 447 m), 1 education (nearest 388 m), 1 healthcare (nearest 483 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 44% | Bottom 46% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This 1989-built, one-storey home in Varsity View sits on a large, 6,790 sqft lot. Its key characteristics include a fully finished basement, an attached garage, and 1,322 sqft of living space. The appeal lies in a combination of space, location, and relative value. The property ranks notably well for its lot size, recent build year, and assessed value within Winnipeg, suggesting a solid, above-average offering for the city. It would suit practical buyers looking for a move-in-ready, single-level layout in a established neighbourhood, particularly those who prioritize a generous yard over a massive interior footprint. A thoughtful perspective is that while the home's interior size is modest relative to the lot, this presents an opportunity for future expansion or outdoor living, a less common find in mature central neighbourhoods.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Varsity View, and across all of Winnipeg. For example, being newer than 88% of houses on its street and on a larger lot than 81% of homes in Winnipeg are strong indicators of its competitive standing.
2. Is the 2016 sale price relevant today?
While it shows historical value, the current assessed value of $469,000 provides a more current benchmark. The significant increase since 2016 reflects market trends and potentially any updates made to the property.
3. Who would benefit most from the single-storey layout?
This layout is ideal for those seeking accessibility or preferring to avoid stairs, such as young families, empty-nesters, or individuals with mobility considerations. It offers ease of movement between living spaces.
4. What is the significance of having a fully finished basement?
It immediately adds functional living space, which could be used as a recreation room, home office, or guest area. This is a valuable feature that expands the usable square footage beyond the main floor.
5. How does the large lot size impact the property?
Beyond providing ample private outdoor space, a lot of this size in a mature neighbourhood is a long-term asset. It offers potential for gardening, play areas, or future additions, subject to local zoning regulations.
