Property score
62.7
Fair
Overall 62.7 · Smaller and older than most nearby homes
918 sqft (bottom 13%) · Built in 1946 (29 yrs older 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: 2 dining spots, 1 school, 1 healthcare facility, and 1 park nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
29 yrs older 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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62.7 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
456 Elmhurst Road — 7 amenities found within 500 m, across 6 categories, including 2 dining (nearest 354 m), 1 education (nearest 323 m), 1 healthcare (nearest 381 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 | Bottom 20% | Bottom 23% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 456 Elmhurst Road, Varsity View, Winnipeg
Key Characteristics & Appeal
This 1946-built home on Elmhurst Road presents a distinct value proposition centered on its generous 7,111 sqft lot, which is notably larger than the Winnipeg average. The house itself, with 918 sqft of living space, is more compact and vintage than most in the immediate area and neighborhood. This creates a specific dynamic: the assessed value sits below the local street and neighborhood averages but aligns closely with the broader city average, suggesting the price reflects the home’s scale rather than its location.
The primary appeal lies in the land itself—offering significant outdoor space and potential in a well-established area—paired with the affordability of a smaller, classic home. It is ideally suited for a value-conscious buyer, such as a first-time homeowner or an investor, who prioritizes lot size over interior square footage and sees potential in the property’s foundational characteristics. It’s a practical entry point into the Varsity View neighborhood, with the understanding that the home may require updates or that the vision may be longer-term, focusing on the land's possibilities.
Frequently Asked Questions
1. Is this a "fixer-upper"?
While the home is older and its living area is below local averages, its condition isn't specified. The data suggests buyers should budget for updates consistent with a 1946 build, but a professional inspection is essential to determine the true scope.
2. Why is the assessed value lower than neighbors' if the lot is so large?
Municipal assessments typically factor in both land value and the size/condition of the improvements. Here, the larger lot adds value, but the smaller, older home likely moderates the total assessment compared to larger, more modernized houses nearby.
3. How can the lot be "above average" citywide but only "around average" on the street?
This highlights the character of Elmhurst Road and Varsity View, where larger lots are common. The property’s lot is substantial by general Winnipeg standards but fits the local pattern, meaning you get a quintessential neighborhood-sized yard without paying a steep premium for it.
4. What does the "Top 16%" citywide ranking for lot size actually mean?
This percentile ranking indicates that approximately 84% of comparable properties in Winnipeg have a smaller lot size. It’s a strong objective metric highlighting one of this property’s clearest competitive advantages.
5. Who would this property not suit?
It may not suit buyers seeking a move-in-ready home with modern, spacious interiors or those unwilling to undertake renovations. It’s also less ideal for those who prioritize immediate high-end finishes over long-term lot potential and location.
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