446 Elmhurst Road

Varsity View, Winnipeg

Property score

73.4

Good

Overall 73.4 · Older than most nearby homes

1,223 sqft (bottom 46%) · Built in 1957 (18 yrs older than avg)

Located in a high-income area with median household income of ~105k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 healthcare facility, and 1 park nearby

Living Area

Near average

12% smaller than neighborhood avg.

Year Built

Below average

18 yrs older 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

73.4 is composed by the two sections below.

Property Score

64.2Fair
Living Area66
1,223 sqftGood
Year Built43
1957Low
Lot Size93
8,845 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

around average
1,223 sqft
0255075100
Same streetTop 42%Same areaBottom 46%CitywideTop 48%
Same street · Elmhurst Road
#102 / 242
Top 42% · Avg 1,247 sqft
Same area · Varsity View
#458 / 848
Bottom 46% · Avg 1,387 sqft
Citywide · Winnipeg
#93,296 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
374k
0255075100
Same streetTop 49%Same areaBottom 37%CitywideTop 46%
Same street · Elmhurst Road
#118 / 242
Top 49% · Avg 393.7k
Same area · Varsity View
#536 / 848
Bottom 37% · Avg 444.7k
Citywide · Winnipeg
#88,864 / 194,458
Top 46% · Avg 390.1k

Year Built

around average
1957
0255075100
Same streetBottom 29%Same areaBottom 22%CitywideBottom 37%

Lot Size

above average
8,845 sqft
0255075100
Same streetTop 29%Same areaTop 23%CitywideTop 9%

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

446 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 363 m), 1 education (nearest 319 m), 1 healthcare (nearest 395 m).

Search radius
🍽️Dining2
🏫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 9/2021CA$350k–400k
Sold price

Same street

Top 38%

Same area

Top 50%

City-wide

Top 39%
Sold 11/2017CA$300k–350k
Sold price

Same street

Bottom 22%

Same area

Bottom 27%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 446 Elmhurst Road, Winnipeg

Property Overview: 446 Elmhurst Road, Varsity View, Winnipeg

Section 1: Key Characteristics & Appeal

This 1957-built home on Elmhurst Road presents a balanced and practical offering in the sought-after Varsity View neighborhood. Its key appeal lies in its substantial, above-average land size of 8,845 sqft, which places it in the top 9% of all Winnipeg properties for lot dimensions. This provides significant outdoor space and potential not commonly found in the city core. The living space (1,223 sqft) and municipal assessment value are consistently "close to average" when compared to the street, neighborhood, and city, suggesting a property that aligns with typical market expectations without extremes.

The home would suit buyers looking for a established character home on a generous lot, offering more privacy and yard space than many newer infill properties. It’s a solid candidate for those who value location and land size over a modern build, and it may appeal to owner-occupants or investors comfortable with a home of this vintage, recognizing that its older construction date (ranking in the older 71% on its street) may come with both charm and the potential for updates. The data suggests a property that isn't a standout in size or assessed value, but whose significant lot provides a less obvious form of equity and future flexibility in a well-regarded area.

Section 2: Frequently Asked Questions

1. What does the ranking data actually tell me about this property?
The rankings compare this home to similar properties on three levels: its specific street (Elmhurst Road), the broader Varsity View community, and all of Winnipeg. It shows that while the house itself is average in size and value for the area, its large lot is a major asset, especially city-wide. The 1957 build date is older than most on its block.

2. Is the property tax assessment a good indicator of market value?
The municipal assessment ($374,000) is for tax purposes and is typically close to, but not a definitive statement of, current market value. It's useful to see that it aligns with averages, suggesting the property isn't an outlier, but a professional appraisal or comparative market analysis is needed for an accurate sale price.

3. As an older home, what should I consider?
Built in 1957, the home is older than about 70% of houses on Elmhurst Road. This can mean well-established neighborhoods and mature landscaping, but prospective buyers should budget for and prioritize inspections of major aging components like the roof, foundation, plumbing, and electrical systems.

4. How significant is the land size here?
Very. The lot is over 8,800 sqft, which is larger than 91% of properties in Winnipeg. In a central neighborhood like Varsity View, this is a notable feature that offers more outdoor living space, gardening potential, and future possibilities (like an addition or garage, subject to zoning) than a standard city lot.

5. Who might this property not be suitable for?
Buyers seeking a move-in-ready, modern home with contemporary layouts and finishes may find the age and average interior square footage less appealing. It may also not suit those looking for a minimal-maintenance property, as older homes and larger lots typically require more ongoing upkeep.