711 Talbot Avenue

East Elmwood, Winnipeg

Property score

39.5

Below average

Overall 39.5 · Smaller and older than most nearby homes

755 sqft (bottom 15%) · Built in 1912 (41 yrs older than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby

Living Area

Below average

29% smaller than neighborhood avg.

Year Built

Below average

41 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 10%

Past 10 years East Elmwood sales snapshot (~80% of all data)

Sold Count

460

Median price

277.7k

$/sqft

$225/sqft

Avg build year

1953

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Property score

39.5 is composed by the two sections below.

Property Score

21.5Low
Living Area755 sqft22Low
Year Built191216Low
Lot Size2,499 sqft18Low
Neighbourhood Sales Activity48Low

Community Score

66.5Good
Household Income74Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110804

Community deep dive

$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

Population, labour & age

Population (2021)598
Labour force participation rate71%
Median age36.0
Avg household size2.5
Unemployment rate11%
Population density920 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households31%
Couple families with children27%
Median household income (2020)$74K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority27%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
755 sqft
0255075100
Same streetBottom 20%Same areaBottom 15%CitywideBottom 7%
Same street · Talbot Avenue
#307 / 384
Bottom 20% · Avg 997 sqft
Same area · East Elmwood
#991 / 1,163
Bottom 15% · Avg 1,065 sqft
Citywide · Winnipeg
#181,789 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
187k
0255075100
Same streetBottom 16%Same areaBottom 9%CitywideBottom 7%
Same street · Talbot Avenue
#321 / 384
Bottom 16% · Avg 239.3k
Same area · East Elmwood
#1,060 / 1,163
Bottom 9% · Avg 265k
Citywide · Winnipeg
#181,684 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1912
0255075100
Same streetBottom 26%Same areaBottom 9%CitywideBottom 8%

Lot Size

below average
2,499 sqft
0255075100
Same streetBottom 3%Same areaBottom 3%CitywideBottom 4%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

711 Talbot Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 293 m), 2 education (nearest 184 m), 2 parks (nearest 210 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 6/2020CA$150k–200k
Sold price

Same street

Bottom 25%

Same area

Bottom 10%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 711 Talbot Avenue, Winnipeg

Property Overview: 711 Talbot Avenue, East Elmwood, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1912, presenting a straightforward opportunity in Winnipeg's East Elmwood neighbourhood. Its key characteristic is its modest scale, with 755 sqft of living space, which is below average for the immediate area. The home features a detached garage and a full, unrenovated basement, but no pool. The assessed value is notably low compared to city-wide averages.

The appeal lies primarily in its position as an affordable entry point into the housing market. The lot, while smaller than many on its street, is still a useable size at just under 2,500 sqft. A thoughtful perspective is that this property represents a "blank canvas" scenario—its below-average metrics in size and condition are precisely what create its affordability, making it suitable for a buyer willing to invest sweat equity over time. It would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimal footprint home with the potential to customize. Its age suggests classic construction but also implies that future updates will be a consideration.

Section 2: Frequently Asked Questions

1. Is this a "fixer-upper"?
Yes. The listing explicitly notes the basement is "not renovated," and the home's age (1912) and below-average assessed value suggest it requires modernization and likely some maintenance.

2. How does the property compare to its neighbours?
The data shows it ranks below average on Talbot Avenue for living area, assessed value, and year built. Its lot size is notably smaller than most on the street. This contextualizes its lower price point within the immediate area.

3. What type of buyer is this best for?
This property is best suited for a budget-conscious first-time homebuyer comfortable with renovation projects, or an investor seeking a lower-cost rental property in a established neighbourhood.

4. Are there any standout features?
The detached garage is a practical asset. The primary standout, however, is the price point itself, which is accessible due to the home's modest size and condition.

5. What should I investigate before considering an offer?
Given the age of the home, priority investigations should include the state of major systems (roof, wiring, plumbing, foundation), the scope of work needed in the basement, and understanding any potential heritage considerations for a 1912 structure.

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