Property score
38.8
Below average
Overall 38.8 · Smaller than most nearby homes
576 sqft (bottom 1%) · Built in 1955 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 sports facility nearby
Living Area
Below average
46% smaller than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 64%Tagalog · 9%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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38.8 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: #46110803
$74K
Median household income
$77K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
26%
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
1023 Nairn Avenue — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 256 m), 1 education (nearest 447 m), 4 parks (nearest 198 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%
1023 Nairn Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a compact 576-square-foot home built in 1955, on a 4,269-square-foot lot in East Elmwood, Winnipeg. The living area ranks in the bottom 1% citywide, making it one of the smallest homes on the market. The assessed value of $166,000 is also well below average for the area, reflecting both the size and the neighbourhood’s price range. The land is roughly average for the area, which is worth noting—the lot is not unusually small even though the house is.
The appeal here is straightforward: low entry price. For buyers who are willing to work with limited square footage, this property offers a foothold in a stable working-class neighbourhood. It would suit a first-time buyer with a tight budget, someone looking to downsize significantly, or an investor seeking a low-cost rental or flip property where the land holds more long-term value than the structure itself.
A less obvious perspective: because the house is so far below the average living area for the street and area, the price is driven almost entirely by land value and location, not the building. That means the property may appeal to buyers who are less concerned with the current condition of the house and more interested in the land component—whether for a future rebuild, a modular home, or a very modest renovation. The year built (1955) puts it in a middle range for the area, so the structure is likely functional but dated, not historic.
1. Why is the living area so small compared to other homes nearby?
This is a post-war bungalow or cottage-style house, common in the 1950s for single-person or small-family households. Many homes in East Elmwood have been expanded or replaced over time, so the original compact footprint stands out more now.
2. Does the low assessed value mean the house needs major repairs?
Not necessarily. The assessed value reflects the market’s valuation of the property as a whole, and a very small house in a modest neighbourhood will naturally appraise lower. A home inspection is always recommended, but the value alone doesn't indicate the condition.
3. Is the land size good for adding an addition?
At 4,269 square feet, the lot is typical for the area. Adding space is possible but will depend on zoning setbacks and the condition of the existing foundation. The land is not unusually small, so expansion or a separate garage is feasible in many cases.
4. How does this property compare to others on Nairn Avenue?
Most homes on Nairn are larger—averaging about 1,015 square feet—and have higher assessed values. This property is an outlier in terms of size, meaning it may be one of the most affordable options on the street.
5. Who would typically buy a home this small in East Elmwood?
Common buyers include first-time buyers priced out of larger starter homes, downsizers who want a single-level floor plan with a manageable yard, or investors looking for low-cost entry into a stable rental market.
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