57.3
Fair
Property score
57.3
Fair
Overall 57.3
Larger than most nearby homes
1,058 sqft (top 29%)
Built in 1956 (3 yrs newer than avg)
Located in a above-average income area
with median household income of ~73k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 12 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
Above average
1% smaller than neighborhood avg.
Year Built
Near average
3 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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57.3 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
1075 Talbot Avenue — 22 amenities found within 500 m, across 7 categories, including 12 dining (nearest 198 m), 1 shopping (nearest 241 m), 3 parks (nearest 101 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 21% | Top 29% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home on a large lot in East Elmwood presents a practical and value-oriented opportunity. Its key appeal lies in a balance of space, recent updates, and a location that offers relative affordability within Winnipeg. The home features 1,058 sqft of living space, a renovated basement, and a detached garage. Notably, it sits on a 5,324 sqft lot, which is significantly larger than many in the immediate area, offering ample outdoor space and potential. Built in 1956, the house is newer than many on its street, and its assessed value sits above average for the neighbourhood, suggesting it is well-positioned within the local market.
The property would suit first-time buyers seeking a manageable single-level layout with a move-in-ready basement, or investors looking for a solid rental in a stable community. Its generous lot is a standout feature for those who value private outdoor space for gardening, play, or future expansion—a perk that can be harder to find at this price point. While the living area is modest by city-wide averages, its efficient layout and updated basement provide functional space without the upkeep of a larger property.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot of 5,324 sqft is notably larger than the average for both Talbot Avenue and the wider East Elmwood area, placing it in the top 15% locally. This is one of the property's defining characteristics.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and whether it includes a separate entrance or additional bedrooms.
3. The assessed value seems low compared to the city-wide average. Why?
Assessed value is for municipal tax purposes and is not market value. This assessment is above average for East Elmwood, reflecting the local market. The city-wide average is skewed by higher-value homes in more affluent neighbourhoods.
4. Is the detached garage insulated or heated?
This detail is not provided in the available data. The condition, size, and amenities of the detached garage would be important questions for a viewing.
5. The home sold in July 2021. What might that indicate?
The previous sale was relatively recent. This could suggest motivated sellers (like relocation) or, conversely, a quick turnover that warrants understanding the seller's reason for moving. It also provides a clear recent price benchmark.
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