48.0
Below average
Property score
48.0
Below average
Overall 48.0
Compared with neighbourhood average
884 sqft (bottom 40%)
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: 10 dining spots, 1 shop, 3 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
17% 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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48.0 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
1044 Talbot Avenue — 18 amenities found within 500 m, across 6 categories, including 10 dining (nearest 274 m), 1 shopping (nearest 331 m), 3 parks (nearest 188 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 6% | Top 13% | Top 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1044 Talbot Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This well-situated one-storey home on Talbot Avenue presents a solid opportunity in Winnipeg's East Elmwood neighborhood. Its key characteristic is a strong, above-average assessed value for its immediate area, suggesting it is a well-regarded property on its street and within the community. The home itself is a manageable 884 sqft with a renovated basement, featuring a detached garage and a standard 4,170 sqft lot. It was built in 1955, making it newer than many on its block.
The appeal lies in its position as a established, value-holding home in a mature neighborhood. It suits first-time buyers or downsizers looking for a low-maintenance, single-level layout with modernized basics. A thoughtful perspective is that while the living space is modest city-wide, its value ranking indicates you're paying for a premium lot location and a stable community rather than sheer square footage. It’s a practical choice for someone prioritizing neighborhood equity and a renovated foundation over a larger, potentially dated footprint.
Section 2: Frequently Asked Questions
1. How does the recent sale price compare to the assessment?
The home sold for $350,000 in February 2024, which is approximately 13% above its $310,000 assessed value. This indicates strong market demand at the time of sale.
2. Is the living space small for the area?
At 884 sqft, it is slightly below the average for East Elmwood (~1,065 sqft) but is actually quite typical for Talbot Avenue itself, where comparable homes average about 997 sqft.
3. What does the "above average" assessed value ranking mean?
This means the home's official assessed value is higher than most of its immediate peers. On Talbot Avenue, it ranks in the top 11%, and in East Elmwood, the top 18%. This often reflects desirable lot attributes, updates, or a premium location within the neighborhood.
4. Is the 1955 build date a concern?
While 71 years old, the home is notably newer than the average house on its street (avg. 1943). The renovated basement also suggests some key systems have been updated. A standard inspection is always advised to understand the condition of the roof, wiring, and plumbing.
5. How does the lot size compare?
The lot is a standard size for the central neighborhood, aligning with averages on Talbot Avenue and in East Elmwood. It is, however, below the city-wide average, which includes newer suburban developments with larger lots.
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