Property score
53.4
Fair
Overall 53.4 · Smaller but newer than most nearby homes
840 sqft (bottom 30%) · Built in 2013 (60 yrs newer 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
21% smaller than neighborhood avg.
Year Built
Above average
60 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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53.4 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
713 Herbert Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 218 m), 2 education (nearest 196 m), 2 parks (nearest 291 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 3% | Top 11% | Top 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 713 Herbert Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This 840 sqft, one-storey home at 713 Herbert Avenue is a modern property built in 2013, offering a renovated basement. Its primary appeal lies in its relative newness within a mature neighbourhood, providing move-in-ready comfort without the concerns of an older home. The home sits on a standard-sized lot for its immediate street.
The property presents a compelling value proposition. While its living space is modest compared to the wider city, its assessed value of $300k is notably above average for both Herbert Avenue and the broader East Elmwood area. This suggests it is perceived as a higher-quality or better-maintained asset within its local context. It recently sold for $357,000 in April 2024.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking a low-maintenance, modern property in a well-established community. It’s ideal for those who prioritize a newer build and updated features over square footage, and who find value in a home that stands out positively against its immediate peers in terms of age and condition.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 840 sqft, the living area is close to the average for Herbert Avenue but is considered below average for both the East Elmwood neighbourhood and Winnipeg overall. This indicates a compact, efficient layout.
2. Why is the assessed value high for the area?
The $300k assessment ranks in the top 21% for East Elmwood. This is likely due to the home’s young age (2013) and renovated basement, factors that significantly boost its value compared to the many older, unrenovated homes in the area.
3. What does the recent sale price tell us?
The April 2024 sale price of $357,000 was significantly higher than the assessed value, suggesting strong buyer demand for turn-key, modern homes in the area, even with a smaller footprint.
4. Is the lot size a limitation?
The lot is just under 3,000 sqft. It’s average for the street but below average for the neighbourhood and city. This means smaller outdoor space but also less yard maintenance—a trade-off that suits many modern buyers.
5. Who might this property not suit?
Buyers needing multiple bedrooms, extensive living space, or a large yard for gardening and recreation may find it too compact. It’s less suited for those comparing it primarily to newer suburban homes with larger floor plans and lots.
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