Property score
44.4
Below average
Overall 44.4 · Smaller than most nearby homes
700 sqft (bottom 7%) · Built in 1953
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: 10 dining spots, 1 shop, 4 parks, and 1 sports facility nearby
Living Area
Below average
34% smaller than neighborhood avg.
Year Built
Below average
0 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
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
1039 Talbot Avenue — 20 amenities found within 500 m, across 7 categories, including 10 dining (nearest 308 m), 1 shopping (nearest 352 m), 4 parks (nearest 183 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 32% | Top 44% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1039 Talbot Avenue, East Elmwood, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1953, offering 700 sqft of living space with a renovated basement. Its key appeal lies in its efficient, manageable scale and its position as a competitively priced entry point into the Winnipeg housing market. With an assessed value of $230k, it sits around the average for its immediate street and neighborhood, suggesting it is priced in line with local expectations rather than carrying a premium.
The home’s living area is notably smaller than most comparable properties in the area and city-wide, which will be its defining characteristic. This makes it best suited for first-time buyers, downsizers, or investors seeking a lower-maintenance property with renovation potential. The lot size is a solid, average 4,012 sqft for the East Elmwood area, offering good outdoor space relative to the home's footprint—a valuable asset for gardening, expansion, or simply having room to breathe.
A thoughtful perspective is that this property represents a "value-average" proposition. While nothing about its metrics is exceptional, there are no extreme red flags either; it is a median offering in its micro-location. The renovated basement adds functional space, which is a crucial upgrade for a home of this size. Its appeal is grounded in practicality and location, offering a foothold in a neighborhood without the premium often attached to larger, updated homes.
Frequently Asked Questions
1. How does the smaller living area impact value and livability?
At 700 sqft, the living space is below average for the neighborhood. This typically translates to a lower price point, making it an accessible option. Livability will depend on the occupant's needs—it's efficient for one or two people but may feel cramped for a growing family.
2. What does the "around average" assessed value mean in this context?
The $230k assessment is typical for Talbot Avenue and East Elmwood. This suggests the property is not over- or under-valued compared to its closest neighbors, providing a stable benchmark for pricing, though the final sale price will depend on market conditions and the home's condition.
3. Is the renovated basement a full living space?
The listing confirms a renovated basement, but the specifics (e.g., ceiling height, permits, finished rooms) are not detailed. This should be verified in a viewing to understand if it adds legal bedrooms or simply improved storage and utility space.
4. What are the implications of the 1953 build year?
Built in 1953, the home is older than many on its street but average for the city. Buyers should budget for potential updates to aging components like plumbing, electrical, or the roof, which are common for houses of this era, even with a renovated basement.
5. How does the lot size compare, and what are the possibilities?
The 4,012 sqft lot is standard for East Elmwood. It provides a good ratio of yard to house, which is a plus. For a future buyer, this presents opportunities not available on smaller lots, such as adding a garage, a larger deck, or even a future addition, subject to zoning bylaws.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
