53.1
Fair
Property score
53.1
Fair
Overall 53.1
Compared with neighbourhood average
912 sqft (bottom 49%)
Built in 1956 (3 yrs newer than avg)
Located in a above-average income area
with median household income of ~74k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
14% smaller than neighborhood avg.
Year Built
Near average
3 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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53.1 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
1040 Mccalman Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 260 m), 1 education (nearest 389 m), 5 parks (nearest 175 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 11% | Top 23% | Bottom 39% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 30% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1040 Mccalman Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in East Elmwood presents a compelling blend of space, value, and potential. Its key characteristics include a renovated basement, a detached garage, and a notably generous lot of over 5,400 sqft—a standout feature that places it in the top 10-12% of the local area. With 912 sqft of living space, the house itself is comfortably sized for the neighborhood.
The appeal lies in its strong fundamentals and relative value. The home’s assessed value ranks significantly above average for both its street and East Elmwood, suggesting a solid investment in a stable community. The 1956 build date is also newer than many nearby homes, which can imply updates to core systems. The large yard is a major asset, offering rare space for gardening, play, or future expansion that is hard to find in more central locations.
This property would suit first-time buyers or downsizers looking for a manageable, single-level layout without sacrificing outdoor space. It’s also a practical choice for value-oriented investors or handy buyers who see potential in the sizable lot and the already-renovated basement, providing immediate rental income or family flex space.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $31,600. The home last sold in October 2021 for $30,400, indicating assessed value is closely aligned with recent market activity.
2. Is the lot size typical for the area?
No, it’s a key advantage. At 5,442 sqft, the lot is larger than approximately 90% of those on Mccalman Avenue and 88% in East Elmwood, offering more private outdoor space than most comparable properties.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and whether it includes a separate entrance or kitchenette.
4. The living area is below the city average. How does it feel for the neighborhood?
At 912 sqft, the home’s living area is actually near the average for East Elmwood. For this community, it is a standard, functional size. The renovated basement effectively expands the usable space.
5. The home was built in 1956. What should I consider?
While newer than many area homes, a house of this age will have older components. The updated basement is a plus, but attention should be paid to the age of the roof, windows, plumbing, and electrical systems during an inspection.
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