848 Elizabeth Road

Windsor Park, Winnipeg

Property score

46.4

Below average

Overall 46.4 · Smaller and older than most nearby homes

796 sqft (bottom 4%) · Built in 1955 (6 yrs older than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 shops, 4 parks, and 1 place of worship nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 65%French · 12%

Past 10 years Windsor Park sales snapshot (~80% of all data)

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

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Property score

46.4 is composed by the two sections below.

Property Score

32.5Low
Living Area22
796 sqftLow
Year Built36
1955Low
Lot Size67
5,280 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

67.3Good
Household Income70
Good
Education Level44
Low
Housing Stress83
Excellent
Core Housing Need76
Good
Employment Health76
Good

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (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: #46110535

Community deep dive

$68K

Median household income

$81K

Average household income

15%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

22%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)419
Labour force participation rate76%
Median age35.2
Avg household size2.4
Unemployment rate11%
Population density4190 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households22%
Couple families with children19%
Median household income (2020)$68K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority21%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 65%
Mother tongue (2nd)French · 11%

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

Rankings

Living Area

below average
796 sqft
0255075100
Same streetBottom 11%Same areaBottom 4%CitywideBottom 9%
Same street · Elizabeth Road
#116 / 131
Bottom 11% · Avg 1,065 sqft
Same area · Windsor Park
#3,191 / 3,307
Bottom 4% · Avg 1,091 sqft
Citywide · Winnipeg
#177,568 / 194,458
Bottom 9% · Avg 1,342 sqft

Tax-Assessed Value

around average
317k
0255075100
Same streetTop 31%Same areaBottom 13%CitywideBottom 34%
Same street · Elizabeth Road
#41 / 131
Top 31% · Avg 291.6k
Same area · Windsor Park
#2,861 / 3,307
Bottom 13% · Avg 354.2k
Citywide · Winnipeg
#127,404 / 194,458
Bottom 34% · Avg 390.1k

Year Built

around average
1955
0255075100
Same streetBottom 28%Same areaBottom 4%CitywideBottom 34%

Lot Size

around average
5,280 sqft
0255075100
Same streetTop 42%Same areaBottom 18%CitywideTop 48%

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

848 Elizabeth Road — 8 amenities found within 500 m, across 4 categories, including 1 education (nearest 235 m), 2 shopping (nearest 78 m), 4 parks (nearest 102 m).

Search radius
🏫Education1
🛒Shopping2
🌳Parks4
Worship1

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 6/2017CA$200k–250k
Sold price

Same street

Bottom 32%

Same area

Bottom 4%

City-wide

Bottom 17%

Related homes

Highlights & common questions: 848 Elizabeth Road, Winnipeg

848 Elizabeth Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1955 home in Windsor Park, Winnipeg, with 796 square feet of living space on a 5,280-square-foot lot. Its current assessed value is $317,000.

The property sits on a notably large lot relative to its modest house size. While the living area is well below average for the street, neighbourhood, and city, the land area is actually slightly above the street average (4,596 sqft) and close to the citywide median. The assessed value is slightly above the street average ($291,600) but below the neighbourhood and city averages, which suggests the value is carried more by the land than the structure. The home is older than most in the area—built 6 years before the street average and 11 years before the citywide average.

This property would suit buyers who:

  • Prioritize outdoor space over interior square footage.
  • Are comfortable with a smaller, older home that may need updates or renovation.
  • Want to be in Windsor Park without paying a premium for a fully finished or larger home.
  • See potential in a lot that could support an addition or major reno (subject to zoning and permits).
  • Are looking for an entry-level price point in a well-established central Winnipeg neighbourhood.

Frequently Asked Questions

1. Why is the assessed value above the street average if the house is smaller and older than most on the street?
Assessed value reflects both the structure and the land. On Elizabeth Road, the average lot is 4,596 sqft—this property’s 5,280 sqft lot is about 15% larger. That extra land offsets the smaller house and older build, pulling the value slightly above the street median. It’s a reminder that in older neighbourhoods, lot size often plays a bigger role in value than many buyers expect.

2. How does this property compare to others in Windsor Park as a whole?
In the Windsor Park neighbourhood, this home ranks in the bottom 18% for living area and bottom 18% for year built. Its assessed value is also below average for the area. The lot size is in the bottom 18% neighbourhood-wide, too—so while the lot is generous for its street, it’s still smaller than many properties in Windsor Park. This home is a relatively modest entry point for the neighbourhood.

3. Is this a good candidate for a renovation or addition?
Potentially, but it depends on your goals. The large lot gives you physical space to expand or rebuild, and the low assessed value relative to the area means you’re not overpaying for the land. However, a 1955 home may have older foundations, wiring, or plumbing, and any addition would need to meet current zoning and setback requirements on Elizabeth Road. A structural inspection and a chat with the city planning department would be wise before assuming an expansion is straightforward.

4. How does the year built affect insurance and maintenance expectations?
Homes from the 1950s often have solid framing and good bones, but they typically lack modern insulation, may have older electrical systems (knob-and-tube or aluminum wiring), and could contain materials like lead paint or asbestos in tiles or insulation. Insurance companies sometimes flag these features. A buyer should budget for an电气 and plumbing inspection and expect higher heating/cooling costs than a newer home. That said, many 1955 homes in Winnipeg have been updated over the years, so check what’s original.

5. What’s the neighbourhood like for resale value down the line?
Windsor Park is a stable, mature neighbourhood with good access to amenities and transit. Homes here tend to sell steadily, but not quickly. The biggest factor for resale would be what a buyer does with the property now—if it’s kept largely as-is, it will likely appeal to a similar budget-conscious buyer. If someone invests in an addition or significant renovation, the property could move up in value relative to the area. The lot size is a real asset, but the small living area limits the current price ceiling.