41.9
Below average
Property score
41.9
Below average
Overall 41.9
Smaller than most nearby homes
672 sqft (bottom 4%)
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: 17 dining spots, 2 shops, 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
Below average
37% 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
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41.9 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
1103 Talbot Avenue — 30 amenities found within 500 m, across 8 categories, including 17 dining (nearest 135 m), 2 shopping (nearest 178 m), 3 parks (nearest 91 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 47% | Bottom 38% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
1103 Talbot Avenue is a compact, one-storey home in Winnipeg's East Elmwood neighborhood. Built in 1953, it sits on a standard city lot of approximately 4,200 sq ft. The home itself is modest in size at 672 sq ft of living space, placing it well below the average for the area and city. It features a detached garage and an unfinished basement. The property's assessed value is notably low compared to the city-wide average, but is typical for its immediate street and neighborhood. It last sold in June 2022.
Key Characteristics & Appeal
This home’s primary appeal lies in its affordability and low ongoing property tax burden, driven by its below-average assessed value. It represents a straightforward entry point into homeownership, particularly suited for first-time buyers, investors seeking a rental property, or downsizers looking to minimize expenses and maintenance. The lot size is standard for the area, offering decent outdoor space relative to the home's footprint.
Its compact size requires efficient use of space, which could appeal to those seeking a minimalist lifestyle. While the basement is unfinished, it provides essential utility space and storage, or future expansion potential. The location on Talbot Avenue offers the practical benefits of a mature, established neighborhood. It’s important to note that the home’s living area is significantly smaller than most, so it will not suit those needing multiple bedrooms or dedicated work-from-home spaces. Its charm is functional rather than luxurious, ideal for a pragmatic buyer focused on financial fundamentals over square footage.
Frequently Asked Questions
1. Is the home in move-in condition?
The listing notes the basement is "not renovated," suggesting the main living areas are likely functional but the property may benefit from updates. A viewing is essential to determine the exact condition.
2. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's characteristics (size, age, features) relative to local market values. Its modest size and basic amenities result in an assessment that is average for East Elmwood but low city-wide, where average homes are larger and more updated.
3. What are the expansion possibilities?
The unfinished basement and the decent lot size offer potential. The basement could be developed for additional living space (subject to permits), and the lot could potentially accommodate an addition, though the home's smaller existing footprint would be the starting point.
4. How does the living area compare to nearby homes?
At 672 sq ft, this home is smaller than most in the immediate area, where comparable homes average about 997 sq ft. This is its most defining characteristic and a key factor in its pricing.
5. What is the neighborhood like?
East Elmwood is a mature, no-frills residential area. The property data shows homes on Talbot Avenue and in East Elmwood are generally of similar vintage and value, indicating a consistent, established community character without extreme highs or lows.
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