Property score
43.3
Below average
Overall 43.3 · Smaller and older than most nearby homes
809 sqft (bottom 26%) · Built in 1908 (45 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: 2 dining spots, 2 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
45 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
43.3 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
739 Talbot Avenue — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 333 m), 2 education (nearest 300 m), 2 parks (nearest 227 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 23% | Bottom 10% | Bottom 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 4% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 739 Talbot Avenue, East Elmwood
Key Characteristics & Appeal
This is a modest, century-old one-and-a-half storey home in Winnipeg's East Elmwood neighborhood. Its key characteristic is its affordability, reflected in a low assessed value that places it well below area and city averages. The home offers 809 sqft of living space, which is compact but typical for the immediate street. It sits on a roughly 3,000 sqft lot and includes a detached garage. The basement is noted as unrenovated.
The primary appeal lies in its position as a potential entry point into the housing market. It suits first-time buyers, investors, or downsizers with a limited budget who prioritize land ownership over a modern or spacious interior. A thoughtful perspective is its historical charm (built in 1908), which may appeal to those interested in a character home, though this comes with the understanding that maintenance and updates are likely needed. Its below-average metrics across the board suggest it is not a "premium" property in a comparative sense, but rather a practical, no-frills option in a stable neighborhood. The recent sale history indicates it has been a low-value asset, which could present a value-adding opportunity for a handy buyer willing to make improvements.
Frequently Asked Questions
1. What is the true condition of the home?
The listing explicitly notes the basement is unrenovated. Given the home's age (118 years) and low assessed value, buyers should budget for potential updates to major systems like plumbing, electrical, or the roof, and anticipate a general need for modernization.
2. Is this a good investment property?
Its low entry cost could make it suitable for a rental investment. However, the unrenovated state and age mean maintenance costs may be higher than a newer property, which must be factored into the investment calculation. Its assessed value has remained consistently low relative to the market.
3. How does the lot size compare?
At just under 3,000 sqft, the lot is smaller than most in East Elmwood and significantly smaller than the Winnipeg average. This limits expansive outdoor space but may mean less yard maintenance.
4. What is the neighborhood like?
East Elmwood is an established, mature neighborhood. The property's immediate context on Talbot Avenue consists of similar older, modest homes, as seen in the nearby listings. It offers a quiet, residential setting.
5. Why is the assessed value so much lower than the city average?
The assessed value is based on factors like the home's small size, age, unrenovated condition, and smaller lot. It is consistent with other homes of similar value in various neighborhoods, indicating it is assessed for what it is: a basic, older dwelling.
