1043 Talbot Avenue

East Elmwood, Winnipeg

Property score

58.1

Fair

Overall 58.1 · Larger than most nearby homes

1,103 sqft (top 27%) · 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

Above average

4% larger 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)

Sold Count

460

Median price

277.7k

$/sqft

$225/sqft

Avg build year

1953

Need help understanding this property?

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

Property score

58.1 is composed by the two sections below.

Property Score

53.5Fair
Living Area1,103 sqft60Fair
Year Built195336Low
Lot Size4,009 sqft53Fair
Neighbourhood Sales Activity48Low

Community Score

64.9Fair
Household Income74Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Neighbourhood Sales

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.

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: #46110802

Community deep dive

$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

Population, labour & age

Population (2021)636
Labour force participation rate69%
Median age37.2
Avg household size2.7
Unemployment rate4%
Population density2544 / km²

Households & income

Low income (LIM-AT, % pop.)16%
Single-person households23%
Couple families with children25%
Median household income (2020)$73K

Housing

Renter households38%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)25%
Visible minority32%
Bachelor's or higher (25–64)14%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 7%

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

Rankings

Living Area

above average
1,103 sqft
0255075100
Same streetTop 27%Same areaTop 27%CitywideBottom 40%
Same street · Talbot Avenue
#103 / 384
Top 27% · Avg 997 sqft
Same area · East Elmwood
#313 / 1,163
Top 27% · Avg 1,065 sqft
Citywide · Winnipeg
#116,762 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
244k
0255075100
Same streetTop 39%Same areaBottom 43%CitywideBottom 16%
Same street · Talbot Avenue
#151 / 384
Top 39% · Avg 239.3k
Same area · East Elmwood
#663 / 1,163
Bottom 43% · Avg 265k
Citywide · Winnipeg
#163,722 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1953
0255075100
Same streetTop 32%Same areaBottom 37%CitywideBottom 31%

Lot Size

around average
4,009 sqft
0255075100
Same streetTop 46%Same areaBottom 31%CitywideBottom 26%

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

1043 Talbot Avenue — 20 amenities found within 500 m, across 7 categories, including 10 dining (nearest 296 m), 1 shopping (nearest 340 m), 4 parks (nearest 172 m).

Search radius
🍽️Dining10
🛒Shopping1
🌳Parks4
💪Sports1
🏦Finance1
Fuel Stations2
Worship1

Crime & Safety

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%

Sales History

Sold 3/2018CA$200k–250k
Sold price

Same street

Bottom 35%

Same area

Bottom 20%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 1043 Talbot Avenue, Winnipeg

Property Overview: 1043 Talbot Avenue, East Elmwood, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1953, presents a practical opportunity in Winnipeg's East Elmwood neighborhood. Its key characteristics include 1,103 square feet of living space, a detached garage, and a full, unrenovated basement on a standard 4,009 sqft lot. The home’s primary appeal lies in its solid positional value within its immediate context. It ranks above average for living space compared to other homes on Talbot Avenue and in East Elmwood, offering more room than many peers locally. Its assessed value is modest, positioning it as an accessible entry point into the housing market.

This property would suit first-time buyers or practical investors looking for a home with good foundational space in a established neighborhood. Its unrenovated basement and overall condition suggest it's ideal for someone comfortable with gradual updates or who values the potential to add value over time. A less obvious perspective is that its "around average" rankings across most metrics for the street and area indicate a stable, predictable investment without the premium of a standout property, which can be an advantage for budget-conscious planning. It’s a home that offers more interior space than many in the vicinity, which is a notable asset, while other features like the lot size and year built are squarely in line with local norms.

Section 2: Frequently Asked Questions

1. How does this home's size compare to others in the area?
At 1,103 sqft, the living area is above average for both Talbot Avenue and the wider East Elmwood neighborhood, ranking in the top 27% in both categories. You are getting more interior space than many comparable local homes.

2. What is the property's assessed value, and how does that compare?
The assessed value is $24,400. This is around the average for Talbot Avenue and East Elmwood, but below the citywide average. This reflects the home's positioning as a more affordable option within the broader Winnipeg market.

3. What should I know about the condition of the home?
The listing notes the basement is "not renovated." Buyers should budget for potential updates and plan for a thorough inspection, as the home is 73 years old and likely requires modernizing.

4. Is the lot size typical for the area?
Yes. The 4,009 sqft lot is very close to the average for both Talbot Avenue and East Elmwood. It provides a standard outdoor space for the neighborhood but is below the much larger citywide average lot size.

5. When did it last sell, and for how much?
The home sold in March 2018 for $200,000. This sale price was above the average for similar properties on the street, in the area, and citywide at that time, indicating a history of strong local value.

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.