737 Talbot Avenue

East Elmwood, Winnipeg

Property score

56.7

Fair

Overall 56.7 · Larger but older than most nearby homes

1,148 sqft (top 24%) · Built in 1949 (4 yrs older 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

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 10%

Past 10 years East Elmwood sales snapshot (~80% of all data)

Sold Count

460

Median price

277.7k

$/sqft

$225/sqft

Avg build year

1953

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Property score

56.7 is composed by the two sections below.

Property Score

50.1Fair
Living Area60
1,148 sqftFair
Year Built30
1949Low
Lot Size38
3,497 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

66.5Good
Household Income74
Good
Education Level22
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110804

Community deep dive

$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

Population, labour & age

Population (2021)598
Labour force participation rate71%
Median age36.0
Avg household size2.5
Unemployment rate11%
Population density920 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households31%
Couple families with children27%
Median household income (2020)$74K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority27%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 68%
Mother tongue (2nd)Tagalog · 10%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,148 sqft
0255075100
Same streetTop 23%Same areaTop 24%CitywideBottom 45%
Same street · Talbot Avenue
#87 / 384
Top 23% · Avg 997 sqft
Same area · East Elmwood
#282 / 1,163
Top 24% · Avg 1,065 sqft
Citywide · Winnipeg
#107,616 / 194,458
Bottom 45% · Avg 1,342 sqft

Tax-Assessed Value

above average
269k
0255075100
Same streetTop 24%Same areaTop 36%CitywideBottom 22%
Same street · Talbot Avenue
#91 / 384
Top 24% · Avg 239.3k
Same area · East Elmwood
#422 / 1,163
Top 36% · Avg 265k
Citywide · Winnipeg
#152,544 / 194,458
Bottom 22% · Avg 390.1k

Year Built

around average
1949
0255075100
Same streetTop 42%Same areaBottom 30%CitywideBottom 27%

Lot Size

below average
3,497 sqft
0255075100
Same streetBottom 29%Same areaBottom 25%CitywideBottom 19%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

737 Talbot Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 328 m), 2 education (nearest 290 m), 2 parks (nearest 224 m).

Search radius
🍽️Dining1
🏫Education2
🌳Parks2
Worship1

Crime & Safety

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%

Sales History

Sold 4/2020CA$200k–250k
Sold price

Same street

Top 47%

Same area

Bottom 38%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 737 Talbot Avenue, Winnipeg

Property Overview & Key Characteristics

This one-and-a-half storey home on Talbot Avenue in East Elmwood presents a practical and updated living space. Its key appeal lies in its above-average living area for both the street and neighbourhood, offering more interior space (1,148 sqft) than many nearby comparables. A recently renovated basement adds functional living space, and the property includes a detached garage. Built in 1949, it is a typical post-war home for the area.

The home’s standout feature is its strong positioning relative to its immediate surroundings. While its lot size is modest, the house itself is more spacious inside than many neighbours’ homes, suggesting efficient use of the property. The renovated basement is a significant value-add, providing modern, finished space without the need for immediate investment. This property would suit first-time buyers or downsizers looking for a move-in-ready home with character in a stable neighbourhood, particularly those who prioritize interior space and updates over a large yard. It also represents a sensible option for an owner-occupant who values being above-average for the block rather than competing in the city-wide market.


Frequently Asked Questions

1. How does this home compare in size to others on the street?
It ranks in the top 23% for living area on Talbot Avenue, meaning it is notably larger inside than most direct neighbours, whose homes average about 997 sqft.

2. What is the significance of the assessed value?
The assessed value of $26,900 is above average for Talbot Avenue but below the city-wide average. This can indicate a property that is well-regarded in its immediate locale, which may appeal to buyers focused on neighbourhood value over city-wide benchmarks.

3. Is the lot size a limitation?
The lot is 3,497 sqft, which is smaller than the average for the area. This means less yard maintenance but also less private outdoor space. The trade-off is a home that offers more interior square footage on that smaller parcel.

4. What does the sale history indicate?
The home sold previously in April 2020 for $22,500. This historical price point, significantly lower than current assessed values in the area, primarily reflects market conditions at that time and is not a direct indicator of current value.

5. Are homes here much older than the rest of Winnipeg?
Built in 1949, it is slightly newer than the average home on its street but older than the Winnipeg city-wide average. It is a characteristic age for the East Elmwood neighbourhood, suggesting a mature streetscape with established infrastructure.