Property score
53.4
Fair
Overall 53.4 · Older than most nearby homes
900 sqft (bottom 45%) · Built in 1948 (5 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
Near average
16% smaller than neighborhood avg.
Year Built
Below average
5 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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53.4 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
744 Talbot Avenue — 7 amenities found within 500 m, across 4 categories, including 2 dining (nearest 304 m), 2 education (nearest 313 m), 2 parks (nearest 233 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 13% | Top 21% | Bottom 43% |
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 practical opportunity. Built in 1948, its 900 sqft living space is typical for the immediate area but offers a recently renovated basement, adding functional space. The standout feature is its generous 5,740 sqft lot, which is significantly larger than most in the neighbourhood, offering ample outdoor potential. With a detached garage and an assessed value that sits in the middle range for East Elmwood, it represents a grounded entry point into the Winnipeg market.
The appeal here is in its balance and potential. The lot size is a true asset for gardening, play, or future expansion, a rarity compared to newer subdivisions. It suits first-time buyers looking for a manageable home with a bit of character, or practical investors seeking a stable rental property in an established community. It’s not a luxury offering, but a solid, no-frills home where value is derived more from land and location than from high-end finishes.
Frequently Asked Questions
What is the neighbourhood like?
East Elmwood is a long-established, residential neighbourhood in Winnipeg. It offers a mix of older character homes and more recent infill, providing a community-focused atmosphere with local amenities within reach.
How does the lot size compare?
The lot is a key feature. At over 5,700 sqft, it is notably larger than the average lot in East Elmwood (approx. 4,390 sqft), offering more private outdoor space than most properties in the area.
What does "around average" for assessed value mean?
The home’s assessed value is ranked near the middle compared to similar homes in East Elmwood. This suggests it is priced consistently with neighbourhood norms, not as a bargain nor a premium, which can indicate stability.
Is the basement renovation a full suite?
The listing notes a renovated basement, but does not specify if it is a legal suite. Buyers should verify with the municipality regarding permits and compliance to understand its legal use and rental potential.
What are the long-term considerations for a 1948 home?
While the basement is renovated, a home of this age will likely have older major systems (like plumbing, electrical, and the roof). A thorough inspection is essential to budget for ongoing maintenance or future updates.
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