443 Elmhurst Road

Varsity View, Winnipeg

Property score

81.5

Excellent

Overall 81.5 · Newer than most nearby homes

1,540 sqft (top 33%) · Built in 1990 (15 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

11% larger than neighborhood avg.

Year Built

Above average

15 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

Past 10 years Varsity View sales snapshot (~80% of all data)

Sold Count

281

Median price

492k

$/sqft

$398/sqft

Avg build year

1975

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Property score

81.5 is composed by the two sections below.

Property Score

77.8Good
Living Area79
1,540 sqftGood
Year Built78
1990Good
Lot Size85
6,791 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

87.1Excellent
Household Income87
Excellent
Education Level91
Excellent
Housing Stress83
Excellent
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110350

Community deep dive

$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

Population, labour & age

Population (2021)742
Labour force participation rate70%
Median age40.4
Avg household size2.5
Unemployment rate3%
Population density3091 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households26%
Couple families with children34%
Median household income (2020)$105K

Housing

Renter households26%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)15%
Visible minority18%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,540 sqft
0255075100
Same streetTop 18%Same areaTop 33%CitywideTop 28%
Same street · Elmhurst Road
#43 / 242
Top 18% · Avg 1,247 sqft
Same area · Varsity View
#284 / 848
Top 33% · Avg 1,387 sqft
Citywide · Winnipeg
#54,858 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

above average
477k
0255075100
Same streetTop 16%Same areaTop 35%CitywideTop 24%
Same street · Elmhurst Road
#38 / 242
Top 16% · Avg 393.7k
Same area · Varsity View
#293 / 848
Top 35% · Avg 444.7k
Citywide · Winnipeg
#45,953 / 194,458
Top 24% · Avg 390.1k

Year Built

above average
1990
0255075100
Same streetTop 11%Same areaTop 23%CitywideTop 22%

Lot Size

above average
6,791 sqft
0255075100
Same streetBottom 28%Same areaBottom 46%CitywideTop 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

443 Elmhurst Road — 6 amenities found within 500 m, across 6 categories, including 1 dining (nearest 429 m), 1 education (nearest 383 m), 1 healthcare (nearest 459 m).

Search radius
🍽️Dining1
🏫Education1
🏥Healthcare1
🌳Parks1
🏦Finance1
Worship1

Crime & Safety

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%

Sales History

Sold 10/2023CA$450k–500k
Sold price

Same street

Top 12%

Same area

Top 28%

City-wide

Top 21%

Related homes

Highlights & common questions: 443 Elmhurst Road, Winnipeg

Property Overview & Appeal

This two-storey home in Varsity View offers a well-proportioned package on a large, nearly 6,800 sqft lot. Its key strength lies in its above-average rankings across several metrics for the area. With 1,540 sqft of living space, a finished basement, and a detached garage, it provides practical family living. The appeal is grounded in its relative modernity compared to the neighborhood—built in 1990, it is newer than roughly 80% of homes in the community—which can mean fewer immediate updates. Its lot size, living area, and assessed value all consistently rank within the top third locally, suggesting a property that holds its own in a desirable area.

It would suit buyers looking for a move-in ready family home in a central, established neighborhood who value space and a relatively contemporary build. It’s a solid choice for those prioritizing a balanced offering over extreme vintage charm or ultra-modern design, and its strong city-wide rankings indicate a competitive asset within the broader Winnipeg market.

Frequently Asked Questions

1. How does the 2023 sale price relate to the current assessed value?
The home sold for $465,000 in October 2023, which is very close to its current assessed value of $477,000. This suggests the assessment is closely aligned with recent market activity.

2. What do the percentile rankings actually mean for a buyer?
They show how this property compares to others nearby. For example, ranking "in the top 19%" for value in Winnipeg means its assessed value is higher than 81% of all city homes, indicating it sits in a more premium segment overall, though it's more middle-of-the-pack within its own immediate community.

3. Is the lot size a significant feature?
At 6,791 sqft, the lot is substantially larger than average for the city and ranks highly even in its own neighborhood. This offers great potential for outdoor space, gardening, or future expansion, which is a key asset in an established area.

4. Does being built in 1990 come with any advantages?
Yes. Homes from this era often benefit from modern construction standards compared to much older neighborhood stock, while typically avoiding some of the complex issues sometimes found in very new builds. It likely strikes a balance between settled infrastructure and contemporary layout.

5. How does this home fit within the Varsity View community?
The data shows it’s a solid, above-average performer within the community for size and value, but not an outlier. It represents a quality, mainstream option in the area rather than a standout historic property or a full renovation project, offering stability and predictable appeal.