Property score
69.7
Good
Overall 69.7 · Larger and newer than most nearby homes
1,630 sqft (top 12%) · Built in 1957 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 parks, and 1 place of worship nearby
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Above average
4 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 10%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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69.7 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: #46110804
$74K
Median household income
$81K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
31%
Single-person households
27%
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
48 Chester Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 329 m), 2 education (nearest 379 m), 3 parks (nearest 164 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 | Bottom 1% | Top 6% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
48 Chester Street is a two-storey home in Winnipeg's East Elmwood neighbourhood, built in 1957. Its key appeal lies in offering above-average space and land for the immediate area, presenting a solid value proposition within a well-established community.
Key Characteristics & Suitability
This home's primary strength is its generous proportions relative to its East Elmwood context. With 1,630 sqft of living space, it ranks within the top 12% of homes in the neighbourhood for size, offering more room than the area's typical 1,065 sqft home. It sits on a 5,506 sqft lot, which is also notably larger than the local average. A renovated basement adds functional living space. The home lacks a garage and pool, keeping maintenance simpler.
Its appeal is grounded in practicality and space. For buyers, it represents an opportunity to acquire a home that feels roomier than many in the neighbourhood without a premium city-wide price point, as its last sale price and assessed value are competitive. It would suit a growing family, a multi-generational household, or anyone seeking a character home with ample yard space in a mature, no-frills neighbourhood. A thoughtful perspective is that while the home itself is from the late 1950s, its lot size is a legacy feature more common to earlier builds, offering potential for gardening, expansion, or simply more private outdoor space than newer subdivisions provide.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
It is significantly larger than most homes in East Elmwood, ranking in the top 12% for living area in the neighbourhood. It offers about 565 more sqft than the area average.
2. What is the property's value history?
The home was last sold in September 2023 for $400,000. Its current assessed value for tax purposes is $35,600.
3. Is the lot size typical?
No, the 5,506 sqft lot is well above the East Elmwood average (4,390 sqft), placing it in the top 11% locally for land area.
4. What should I know about the basement?
The listing specifies the basement has been renovated. Prospective buyers should inquire about the scope of the renovation, permits, and the current finish and use of the space.
5. How does the age of the home compare?
Built in 1957, it is slightly newer than the average home in East Elmwood (1953). This suggests major components like wiring or plumbing may be from a somewhat more modern standard, though a thorough inspection is always recommended.
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