50.1
Fair
Property score
50.1
Fair
Overall 50.1
Smaller but newer than most nearby homes
816 sqft (bottom 28%)
Built in 1957 (4 yrs newer 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, 2 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Above average
4 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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50.1 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
722 Beach Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 347 m), 2 education (nearest 271 m), 2 parks (nearest 179 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 27% | Top 25% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 722 Beach Avenue, East Elmwood
Key Characteristics & Appeal
This is a compact, well-situated one-storey home built in 1957, offering a renovated basement and a detached garage. Its primary appeal lies in its efficient scale and established neighbourhood setting. With 816 sqft of living space, it is notably smaller than both local and city averages, positioning it as a manageable property with lower utility and maintenance demands. The lot size is generous for the home's footprint, providing valuable outdoor space uncommon in more densely built areas.
The home suits first-time buyers seeking an affordable entry into the Winnipeg market, or downsizers looking to reduce square footage without sacrificing a traditional yard and garage. Its assessed value is modest and aligns with averages for East Elmwood, suggesting a stable, no-frills investment. A thoughtful perspective is that its smaller size and older age, while not premium features, can translate to predictable property taxes and a simpler, more sustainable lifestyle focused on the community rather than the upkeep of a larger house.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 816 sqft, this home is below the average size for both Beach Avenue and the wider East Elmwood area, placing it in the top 71% and 72% for size locally, respectively. It is a compact, efficient layout.
2. What is the property’s assessed value?
The home has an assessed value of $25,300. This is around the average for its immediate street and neighbourhood, but significantly below the citywide average, reflecting its scale and location.
3. How old is the house?
It was built in 1957. This makes it newer than many comparable homes on Beach Avenue and in East Elmwood, where the average build year is 1953.
4. Is there a garage or additional parking?
Yes, the property includes a detached garage.
5. What was the last sale price?
The home sold in October 2023 for $29,700.
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