984 Elizabeth Road

Windsor Park, Winnipeg

Property score

57.9

Fair

Overall 57.9 · Smaller than most nearby homes

953 sqft (bottom 21%) · Built in 1958 (3 yrs older than avg)

Located in a high-income area with median household income of ~92k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 71%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

57.9 is composed by the two sections below.

Property Score

47.0Low
Living Area42
953 sqftLow
Year Built43
1958Low
Lot Size74
5,669 sqftGood
Neighbourhood Sales Activity42
Low

Community Score

74.3Good
Household Income81
Excellent
Education Level44
Low
Housing Stress74
Good
Core Housing Need100
Excellent
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: #46110533

Community deep dive

$92K

Median household income

$93K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

21%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)571
Labour force participation rate64%
Median age38.4
Avg household size2.4
Unemployment rate3%
Population density1631 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children23%
Median household income (2020)$92K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$304K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority22%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 12%

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

Rankings

Living Area

below average
953 sqft
0255075100
Same streetBottom 24%Same areaBottom 21%CitywideBottom 21%
Same street · Elizabeth Road
#99 / 131
Bottom 24% · Avg 1,065 sqft
Same area · Windsor Park
#2,619 / 3,307
Bottom 21% · Avg 1,091 sqft
Citywide · Winnipeg
#152,708 / 194,458
Bottom 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
398k
0255075100
Same streetTop 11%Same areaTop 9%CitywideTop 39%
Same street · Elizabeth Road
#15 / 131
Top 11% · Avg 291.6k
Same area · Windsor Park
#311 / 3,307
Top 9% · Avg 354.2k
Citywide · Winnipeg
#75,508 / 194,458
Top 39% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 34%Same areaBottom 36%CitywideBottom 39%

Lot Size

around average
5,669 sqft
0255075100
Same streetTop 31%Same areaBottom 34%CitywideTop 39%

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

984 Elizabeth Road — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 246 m), 2 parks (nearest 182 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1

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 10/2020CA$350k–400k
Sold price

Same street

Top 10%

Same area

Top 30%

City-wide

Top 46%

Related homes

Highlights & common questions: 984 Elizabeth Road, Winnipeg

984 Elizabeth Road – Property Summary

Key Characteristics & Buyer Profile

This 953 sqft bungalow built in 1958 sits on a 5,669 sqft lot in Winnipeg’s Windsor Park neighbourhood. What stands out is the value-to-size ratio: the home ranks in the top 11% on its street for assessed value ($398k), but its living area is below average at the street, neighbourhood, and city levels. In other words, you’re paying for land and location, not square footage. The lot itself is generous relative to others on Elizabeth Road (top 31%), though slightly below the Windsor Park average. The year built is typical for the area.

Its appeal lies in the disconnect between a modest floor plan and an above-average valuation. This isn’t a home for someone after turnkey space or a modern open layout. It suits buyers who prioritize a solid lot in a stable, older neighbourhood—possibly for a future renovation, addition, or as a starter home where the land carries more weight than the house. Investors or flippers might also see potential, given the assessed value already sits above nearby comparables. The home’s age (1958) suggests original character and possibly lower carrying costs, but also likely needs updating.


Five Possible FAQs

1. Why is the assessed value so much higher than the street average when the house is smaller than most?
Assessed value considers more than living area—lot size, location, and recent sales of similar properties all factor in. Here, the larger-than-average lot (5,669 sqft vs. 4,596 on the street) and Windsor Park’s strong local market likely drive the number up. It’s a case where land value dominates over structure size.

2. How does this home compare to others in Windsor Park overall?
It’s a mixed picture. The assessed value is in the top 9% of the neighbourhood, but living area is in the bottom third (top 79% means only 21% are smaller). The lot is below the neighbourhood average (5,669 vs. 6,030 sqft), but still above most on its own street. So it’s “above average” for value, “below average” for space—a classic trade-off in older, established areas.

3. Is this a good candidate for an addition or major renovation?
Potentially yes. The lot is decent at street level, and the existing structure is from 1958, meaning it likely has a simple layout and older finishes. But check zoning and setback rules in Windsor Park before planning any expansion—some older neighbourhoods have strict limits. The assessed value already reflects a premium, so you’d want to ensure renovation costs don’t push the total past what the market will support.

4. How does the year built affect insurance or maintenance?
Homes from the late 1950s often have knob-and-tube wiring, cast iron plumbing, or asbestos in flooring or insulation. Not a given, but common. Insurance may be higher or require an electrical upgrade. Budget for a thorough home inspection, especially for the roof (likely original or second-generation), furnace, and windows. The “around average” ranking means it’s typical for the era, not unusually old or recent.

5. Why is the living area ranked “below average” but the home still sells at a premium?
Because buyers in Windsor Park aren’t just buying square footage—they’re buying into a neighbourhood with established trees, decent lot sizes, and proximity to amenities. Small bungalows on good lots are common in mature areas like this. The premium reflects scarcity of land, not the house itself. If you need 1,200+ sqft, this isn’t it. But if you value location and potential upside from improvements, the numbers make sense.