Property score
44.4
Below average
Overall 44.4 · Smaller than most nearby homes
768 sqft (bottom 18%) · Built in 1955 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~73k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 1 shop, 4 parks, and 1 sports facility nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 72%Tagalog · 7%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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44.4 is composed by the two sections below.
Property Score
Community Score
East Elmwood
How to read: Share of sales in each ~$50k price band for “east elmwood” (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: #46110802
$73K
Median household income
$81K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
23%
Single-person households
25%
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
1012 Talbot Avenue — 18 amenities found within 500 m, across 6 categories, including 9 dining (nearest 354 m), 1 shopping (nearest 439 m), 4 parks (nearest 153 m).
East Elmwood · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 42% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1955 one-storey home at 1012 Talbot Avenue in East Elmwood presents a practical and straightforward homeownership opportunity. Its key appeal lies in a balance of modest scale and above-average lot size for its immediate area. With 768 sqft of living space, the house itself is compact, ranking below the local average for size, which suggests a focus on efficiency and manageable upkeep. This is offset by a generous 4,412 sqft lot that is larger than many on its street, offering valuable outdoor space and potential. The home features a renovated basement and a detached garage. Its assessed value is consistent with the neighborhood average, and it sold recently in March 2024.
This property would suit first-time buyers seeking an entry point into the market with a lower maintenance footprint, or investors looking for a pragmatic rental property. Its appeal is grounded in practicality rather than luxury, offering the fundamentals of a single-family home—private outdoor space, garage, and updated essentials—without the scale or price tag of a larger modern build. A thoughtful perspective is that a smaller, well-located home on a good-sized lot can offer greater long-term flexibility and value retention than a larger house on a postage-stamp parcel, as the land itself is a lasting asset.
Frequently Asked Questions
1. Is the house too small?
At 768 sqft, the living area is indeed below average for the neighborhood. It’s a compact layout best suited for individuals, couples, or small families who prioritize efficient living and lower utility costs. The renovated basement provides additional functional space.
2. What does the "above average" lot size mean practically?
The lot of 4,412 sqft is notably larger than many on Talbot Avenue. This translates to more private yard space for gardening, recreation, or storage, and could provide future expansion potential (subject to zoning and permits).
3. How does the assessed value compare to the sale price?
The home was assessed at $25.20k and sold for $25.50k in March 2024. The close alignment suggests the sale was seen as fair and in line with municipal valuation for the area.
4. What is the significance of the home being built in 1955?
Built in 1955, this home is newer than many on its street. While still an older home requiring due diligence during inspection, it may benefit from somewhat more modern construction standards and materials compared to its pre-war neighbors.
5. Who might this property not suit?
It may not suit buyers looking for ample indoor space, multiple large bedrooms, or a move-in-ready modern open-concept layout. The compact size and era of the home require a buyer comfortable with its functional, no-frills character.
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