Property score
65.1
Good
Overall 65.1 · Larger and newer than most nearby homes
1,304 sqft (top 16%) · Built in 1977 (24 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: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby
Living Area
Above average
22% larger than neighborhood avg.
Year Built
Above average
24 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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65.1 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
716 Talbot Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 249 m), 2 education (nearest 188 m), 2 parks (nearest 257 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 18% | 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
This two-storey home at 716 Talbot Avenue in East Elmwood presents a practical and competitively positioned offering. Built in 1977, it is a notably newer construction compared to many homes in its immediate area. With 1,304 sqft of living space, it provides above-average roominess for both the street and the neighbourhood. The property includes a detached garage and an unfinished basement, representing potential for future customization. Its appeal lies in its modern (relative to the area) build date, efficient use of space, and its position as a solid, move-in-ready home in a mature community. The lot is smaller than average, which translates to less yard maintenance.
This home would suit first-time buyers seeking a spacious, low-maintenance property without the concerns of a century-old structure, or downsizers looking for a manageable footprint with room for family visits. It’s a fit for those who value interior space over a large yard and prefer the character of an established neighbourhood like East Elmwood.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,304 sqft, the living area is larger than most comparable homes on Talbot Avenue and within the East Elmwood neighbourhood, placing it in the top 16% locally. It offers more interior space than many older homes in the area.
2. What does the assessed value indicate?
The assessed value is above average for the street and around average for East Elmwood. This suggests the property is viewed as a fairly typical or slightly better-than-typical home within its specific community, though it is below the citywide average, reflecting the neighbourhood's overall affordability.
3. Is the smaller lot size a significant drawback?
The 3,099 sqft lot is below average for the area. This means less private outdoor space, which could be a consideration for those wanting a large garden or extensive play area. However, it also means significantly less yard work, which many buyers see as a benefit.
4. What are the implications of the 1977 build date?
Being built in 1977 is a key feature. It makes this home decades newer than many in East Elmwood, potentially meaning fewer issues with outdated plumbing, electrical, or foundations common in much older homes, while still being part of a well-established neighbourhood.
5. What is the potential of the basement?
The listing notes the basement exists but is not renovated. This presents a blank canvas for future development—such as creating a rec room, home office, or additional storage—adding value over time. Buyers should budget for this finishing work if needed.
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