Property score
43.3
Below average
Overall 43.3 · Older than most nearby homes
848 sqft (bottom 31%) · Built in 1907 (46 yrs older than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
46 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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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
743 Talbot Avenue — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 342 m), 2 education (nearest 318 m), 2 parks (nearest 236 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 10% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Talbot Avenue in East Elmwood presents a straightforward opportunity in Winnipeg’s housing market. Built in 1907, it offers 848 square feet of living space with a detached garage and a full, unrenovated basement, situated on a 2,997 sqft lot. Its assessed value is notably below average for the city, reflecting its vintage and modest footprint.
Key Characteristics & Appeal
The primary appeal of this property lies in its position as an affordable entry point into homeownership. It suits first-time buyers, investors, or downsizers comfortable with a home that requires updates. Its living space is actually closer to the average for its immediate street and neighborhood than for the wider city, suggesting it fits the local context of East Elmwood well.
A more thoughtful perspective considers the value of its age. A 1907 build offers character and solid construction not always found in later homes, though it necessitates a thorough inspection. The below-average lot size for the area might mean less maintenance, a potential plus for some, but limits expansion possibilities. The detached garage adds practical utility. Ultimately, this is a home for a pragmatic buyer who sees potential in its established location and is prepared to invest in its future, rather than someone seeking a move-in-ready or spacious property.
Frequently Asked Questions
1. What does the assessed value tell us about the property?
The assessed value of $19,600 is significantly below city and neighborhood averages, which typically indicates a smaller, older home in need of modernization. It’s a key factor in the property’s affordability.
2. How does the living space compare to nearby homes?
At 848 sqft, it is moderately sized for Talbot Avenue and East Elmwood, ranking in the middle of the pack locally. It is, however, compact by overall Winnipeg standards.
3. What should I consider about the 1907 build date?
The age implies potential for charming original features but also necessitates a very diligent inspection for foundational integrity, wiring, plumbing, and insulation to understand the scope of needed updates.
4. Is the lot size a disadvantage?
The lot is smaller than most in the neighborhood. This limits outdoor space and potential additions but can translate to less yard work and a lower property tax assessment.
5. What is indicated by the unrenovated basement?
This presents both a project and an opportunity. While it will require investment to finish, it also offers the chance to add living space and value according to your own needs and specifications, without undoing previous renovations.
