Property score
45.2
Below average
Overall 45.2 · Smaller but newer than most nearby homes
793 sqft (bottom 22%) · Built in 1957 (4 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: 8 dining spots, 1 shop, 5 parks, and 1 sports facility nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Above average
4 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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45.2 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
56 Stapleton Street — 18 amenities found within 500 m, across 6 categories, including 8 dining (nearest 306 m), 1 shopping (nearest 474 m), 5 parks (nearest 121 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 26% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
56 Stapleton Street is a classic one-storey home in East Elmwood, built in 1957. Its key appeal lies in its balance of a renovated basement and a manageable 793 sqft of living space, situated on a standard city lot. The home presents as a practical, no-fuss property. Its assessed value is notably modest compared to the Winnipeg city-wide average, suggesting an accessible entry point into the market.
This home would suit first-time buyers or pragmatic investors looking for a straightforward, lower-maintenance property. Its size and layout are well-matched for a small household. A thoughtful perspective is that while the living area is compact, the renovated basement offers valuable flexible space for storage, a home office, or recreation, effectively extending the home's utility beyond the main floor square footage. The data shows the home is very typical for its immediate street and neighbourhood in terms of size, age, and value, offering a sense of stability and predictability rather than standing out as an outlier.
Frequently Asked Questions
Is the lot size a concern?
The land area of 4,398 sqft is the smallest on Stapleton Street according to the rankings. However, it is very close to the average lot size for the broader East Elmwood neighbourhood, so it is consistent with the area's typical footprint.
How does the assessed value compare to the last sale price?
The home was last sold in July 2022 for $29,500. The current assessed value is $27,100. This difference is not unusual and can be influenced by market timing, specific sale conditions, and assessment methodologies.
What does "renovated basement" typically mean for a home of this age?
While specifics should be verified, in a 1957 home this often indicates updated essentials like flooring, lighting, and drywall. It's important to confirm the quality of the renovation, any moisture-proofing measures, and whether permits were obtained for the work.
Is the living space too small?
At 793 sqft, the living area is slightly above average for Stapleton Street itself but below the average for both East Elmwood and Winnipeg. This underscores the home's efficient scale. Buyers should consider if the layout and the additional basement space meet their needs.
How does this home rank for its age?
Built in 1957, it is newer than many homes in East Elmwood, ranking in the top 28% for the neighbourhood. This can be an advantage, potentially meaning fewer major age-related updates are immediately due compared to older peers in the area.
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