Property score
45.0
Below average
Overall 45.0 · Smaller and older than most nearby homes
735 sqft (bottom 12%) · 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, 3 parks, and 1 place of worship nearby
Living Area
Below average
31% 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
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
45.0 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
748 Talbot Avenue — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 324 m), 2 education (nearest 344 m), 3 parks (nearest 203 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 44% | Bottom 43% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 748 Talbot Avenue in East Elmwood presents a specific and practical value proposition. Its key appeal lies in a desirable combination: a recently renovated basement and a detached garage on a notably large lot for its street, all at an assessed value that is very manageable compared to the wider city. At 735 sq ft, the living space is compact, ranking below average for the area, which indicates a home suited for efficient living rather than spaciousness. Built in 1948, it is a classic post-war property. The standout feature is the land—at nearly 4,700 sq ft, the lot size is well above average for Talbot Avenue, offering valuable outdoor space and potential. This home would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property with a strong land base and recent updates to the basement, prioritizing lot size over interior square footage.
Key Questions & Considerations
What does the "renovated basement" entail?
It's important to request details on the scope, quality, and permits for the basement renovation to understand its finish and functionality.
How does the lower square footage affect livability?
The living area is notably smaller than area averages. Buyers should consider if the layout and room sizes meet their needs, though the renovated basement may provide additional usable space.
Why is the assessed value significantly lower than the city-wide average?
The assessed value is in line with the local East Elmwood market but far below the city average, reflecting the home's modest size, age, and the neighborhood's affordability. This typically translates to lower property taxes.
What are the opportunities with the larger lot?
The above-average lot size is a key asset. It offers more privacy, yard space, and future potential (like gardening, expansions, or adding a shed) than many neighboring properties.
What is the condition of the detached garage?
The presence of a detached garage is a plus, but its size, condition, and suitability for modern vehicles or storage should be verified.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
