747 Talbot Avenue

East Elmwood, Winnipeg

Property score

64.5

Fair

Overall 64.5 · Larger but older than most nearby homes

1,672 sqft (top 11%) · Built in 1947 (6 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 parks, and 1 place of worship nearby

Living Area

Above average

57% larger than neighborhood avg.

Year Built

Below average

6 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 9%

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

64.5 is composed by the two sections below.

Property Score

65.1Good
Living Area83
1,672 sqftExcellent
Year Built30
1947Low
Lot Size46
3,980 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

63.5Fair
Household Income74
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health60
Fair

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: #46110803

Community deep dive

$74K

Median household income

$77K

Average household income

13%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

25%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)941
Labour force participation rate71%
Median age36.0
Avg household size2.9
Unemployment rate16%
Population density960 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households25%
Couple families with children26%
Median household income (2020)$74K

Housing

Renter households18%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority56%
Bachelor's or higher (25–64)16%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

Elite
1,672 sqft
0255075100
Same streetTop 5%Same areaTop 11%CitywideTop 22%
Same street · Talbot Avenue
#18 / 384
Top 5% · Avg 997 sqft
Same area · East Elmwood
#129 / 1,163
Top 11% · Avg 1,065 sqft
Citywide · Winnipeg
#42,871 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

above average
345k
0255075100
Same streetTop 7%Same areaTop 14%CitywideBottom 44%
Same street · Talbot Avenue
#25 / 384
Top 7% · Avg 239.3k
Same area · East Elmwood
#168 / 1,163
Top 14% · Avg 265k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1947
0255075100
Same streetBottom 41%Same areaBottom 21%CitywideBottom 24%

Lot Size

around average
3,980 sqft
0255075100
Same streetTop 50%Same areaBottom 30%CitywideBottom 25%

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

747 Talbot Avenue — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 358 m), 2 education (nearest 345 m), 3 parks (nearest 222 m).

Search radius
🍽️Dining2
🏫Education2
🌳Parks3
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 7/2017CA$250k–300k
Sold price

Same street

Top 20%

Same area

Top 29%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 747 Talbot Avenue, Winnipeg

Property Summary: 747 Talbot Avenue, East Elmwood, Winnipeg

Key Characteristics & Appeal

This 1947 one-storey home on a standard city lot offers a distinct value proposition centered on space and relative affordability. Its primary appeal lies in its generous 1,672 sqft living area, which is notably larger than most comparable homes on its street, in East Elmwood, and across Winnipeg. This places it in the top tier for interior space in its immediate context. The home features a renovated basement and a detached garage.

The property suits practical buyers looking for ample room without a premium price tag. It’s ideal for those who prioritize interior square footage over a newer build date or a large yard. The assessed value suggests it is a solid, above-average property within its neighbourhood, representing a chance to own a spacious home in a mature community. A thoughtful perspective is that while the home is older, its size advantage over peers may offer more renovation flexibility for modern living compared to smaller, similarly aged houses.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
This home is exceptionally spacious for the area. At 1,672 sqft, it ranks in the top 5% on its own street and the top 11% in East Elmwood for living area, significantly above local averages.

2. What does the assessed value indicate?
With an assessed value of $34.50k, this property is above average for both Talbot Avenue and the East Elmwood neighbourhood, suggesting it is a substantial property in its local market.

3. Is the lot size typical?
The 3,980 sqft lot is around average for the street and neighbourhood. It provides standard outdoor space but is below the city-wide average, which is common for older, established communities.

4. The home was built in 1947. What should I consider?
While the build date is older than many area averages, the renovated basement is a positive update. Buyers should factor in the potential maintenance and updating needs common to homes of this era, balanced against the benefit of its larger floor plan.

5. How does the last sale price relate to current value?
The home sold for $28.80k in July 2017. The current assessed value is higher, which may reflect market changes, the renovated basement, or the property's standout characteristic of greater living space.