Property score
55.0
Fair
Overall 55.0 · Larger but older than most nearby homes
1,100 sqft (top 27%) · Built in 1911 (42 yrs older than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 park, and 2 place of worships nearby
Living Area
Above average
3% larger than neighborhood avg.
Year Built
Below average
42 yrs older 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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55.0 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
721 Mccalman Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 251 m), 2 education (nearest 80 m), 1 parks (nearest 423 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 35% | Top 44% | Bottom 23% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 12% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 721 Mccalman Avenue, East Elmwood, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-a-half storey home, built in 1911, presents a classic Winnipeg character property with practical considerations. Its key appeal lies in its above-average living space for the immediate area—at 1,100 sq ft, it offers more room than most comparable homes on its street and in East Elmwood. This makes it a notably spacious option within its local market tier. The property features a full, unrenovated basement and sits on a 3,294 sq ft lot.
The home’s most compelling aspect is its value proposition. With a recent sale price significantly higher than its low assessed value, it appears positioned as an affordable entry point into homeownership. It would particularly suit first-time buyers, hands-on renovators, or investors looking for a character home with "sweat equity" potential. The unrenovated basement and the home’s age mean projects are likely, but they also offer the next owner a blank canvas to add value. A thoughtful perspective is that while its metrics (age, assessed value) rank below average city-wide, they are more typical for its specific, established neighbourhood, suggesting it’s a genuine representation of the local housing stock rather than an outlier.
Frequently Asked Questions
1. Why is the recent sale price so much higher than the assessed value?
This is common. Municipal assessed values for tax purposes often lag behind current market values, especially after a recent sale that reflects what a buyer was actually willing to pay in the open market.
2. What does "unrenovated basement" typically imply?
It generally means the basement is functional but in its original or older state. Buyers should budget for potential updates to flooring, lighting, and possibly mechanical systems, and should inspect for moisture management common in older homes.
3. The home is older—what should I be most concerned about?
Key focus areas for a 1911 build include the condition of the roof, foundation, wiring, and plumbing. A thorough home inspection is essential to understand the scope of any needed maintenance or updates.
4. How does the lot size compare, and what does it allow?
At just under a third of an acre, the lot is smaller than the Winnipeg average but reasonably typical for East Elmwood. It provides adequate private outdoor space for gardening or relaxation but may have limitations for large additions or detached structures, subject to zoning.
5. The home ranks well for living area locally but lower for other metrics. What does this mean?
This indicates you are getting more interior space for your dollar in this location compared to neighbours, but the home’s age and assessed value reflect its condition and modernization needs. It’s a trade-off: more square footage now, with the understanding that updates will be part of homeownership.
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