45.0
Below average
Property score
45.0
Below average
Overall 45.0
Smaller than most nearby homes
750 sqft (bottom 14%)
Built in 1955 (2 yrs newer than avg)
Located in a above-average income area
with median household income of ~73.5k
Transit 82.0
1-min walk to transit with 2 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
30% smaller than neighborhood avg.
Year Built
Near average
2 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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45.0 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
730 Beach Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 358 m), 2 education (nearest 296 m), 2 parks (nearest 189 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 | Bottom 35% | Bottom 43% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 730 Beach Avenue in East Elmwood is a compact, post-war bungalow built in 1955. Its key characteristic is its modest 750 sqft living area, which is notably smaller than most comparable homes in the area, city, and on the street itself. This is balanced by a renovated basement and a decently sized, roughly 4,160 sqft lot. The home’s assessed value is unremarkable for its immediate neighbourhood, sitting close to the local average. A significant data point is its 2019 sale price of $230k, which was considerably higher than its current assessed value, suggesting a market premium for its condition or location at that time.
The appeal here lies in its simplicity and manageability. It suits a first-time homebuyer, a downsizer, or an investor looking for a straightforward, single-level layout with modernized below-ground space. The lot size offers potential for outdoor enjoyment or future expansion, subject to approvals. A less obvious perspective is that its smaller-than-average square footage could mean lower utility costs and less maintenance, appealing to those seeking efficiency over space. However, buyers should be prepared that the home’s size is its defining trait, ranking in the lower tiers for living area when compared to peers.
Frequently Asked Questions
1. Is the house particularly small?
Yes. At 750 sqft, the living area is below the average for similar homes on Beach Avenue, in East Elmwood, and across Winnipeg. This makes it a compact, efficient layout.
2. How does the assessed value compare to the past sale price?
The home sold for $230,000 in May 2019. Its current assessed value is significantly lower at $24,400. This large difference is normal, as municipal assessments for tax purposes are not market valuations and often lag behind actual sale prices.
3. What does "renovated basement" mean?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed. A buyer should investigate this further during viewings and through inquiries.
4. Who would this property suit best?
Its one-storey design and manageable size make it suitable for first-time buyers, empty-nesters looking to downsize, or an investor seeking a rental property with a modernized basement suite potential.
5. How does the lot size compare?
At just over 4,000 sqft, the lot is fairly typical for homes on Beach Avenue and in East Elmwood, though it is below the city-wide average. It provides a standard suburban yard space.
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