749 Talbot Avenue

East Elmwood, Winnipeg

Property score

60.2

Fair

Overall 60.2 · Larger but older than most nearby homes

1,340 sqft (top 15%) · Built in 1925 (28 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

26% larger than neighborhood avg.

Year Built

Below average

28 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

60.2 is composed by the two sections below.

Property Score

58.0Fair
Living Area1,340 sqft71Good
Year Built192520Low
Lot Size4,661 sqft60Fair
Neighbourhood Sales Activity48Low

Community Score

63.5Fair
Household Income74Good
Education Level34Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health60Fair

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

above average
1,340 sqft
0255075100
Same streetTop 12%Same areaTop 15%CitywideTop 39%
Same street · Talbot Avenue
#45 / 384
Top 12% · Avg 997 sqft
Same area · East Elmwood
#172 / 1,163
Top 15% · Avg 1,065 sqft
Citywide · Winnipeg
#76,078 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
243k
0255075100
Same streetTop 40%Same areaBottom 42%CitywideBottom 16%
Same street · Talbot Avenue
#154 / 384
Top 40% · Avg 239.3k
Same area · East Elmwood
#672 / 1,163
Bottom 42% · Avg 265k
Citywide · Winnipeg
#164,131 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1925
0255075100
Same streetBottom 31%Same areaBottom 13%CitywideBottom 15%

Lot Size

above average
4,661 sqft
0255075100
Same streetTop 24%Same areaTop 37%CitywideBottom 37%

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

749 Talbot Avenue — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 366 m), 2 education (nearest 358 m), 3 parks (nearest 210 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 1/2019CA$150k–200k
Sold price

Same street

Bottom 18%

Same area

Bottom 7%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 749 Talbot Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Talbot Avenue presents a classic East Elmwood character home with practical potential. Built in 1925, it offers 1,340 sqft of living space on a notably generous 4,661 sqft lot for the immediate area, providing above-average outdoor space. The home features a detached garage and an unrenovated basement, indicating an opportunity for customization. Its appeal lies in its established neighbourhood setting, the value of a larger-than-typical lot, and a floor plan that ranks well above average for both the street and the wider area. This property would suit a buyer looking for a home with solid fundamentals—good space and lot size—who is prepared for the maintenance of a century-old home and sees potential in personalizing spaces like the basement over time. It’s a practical choice for those who prioritize location and land over modern finishes, offering a canvas for incremental improvement.

Key Questions for Consideration

  1. What does the assessed value indicate?
    The property's assessed value is around average for the street and neighbourhood but is below average citywide. This typically reflects the home's age and condition relative to the broader Winnipeg market, not necessarily its potential market sale price.

  2. How does the lot size compare?
    The lot is a standout feature, ranking in the top 24% on Talbot Avenue for size. This offers more private outdoor space than many neighbouring properties and presents opportunities for gardening, expansion, or adding outdoor amenities.

  3. What should I know about the "unrenovated basement"?
    This means the basement is in original or functional condition but hasn't been modernized. Buyers should budget for potential updates and prioritize a thorough inspection for moisture, insulation, and foundational integrity common in homes of this era.

  4. How does the living space compare to nearby homes?
    With 1,340 sqft, this home offers significantly more living area than the average on Talbot Avenue (~997 sqft) and in East Elmwood (~1,065 sqft). This suggests a more spacious main and upper floor layout than many immediate comparables.

  5. What is the context of the last sale price?
    The home sold for $16,500 in early 2019. This historical price is not indicative of current value but may reflect a past transaction type (e.g., estate sale, transfer between parties). Current value is better gauged by recent neighbourhood sales and the home's present condition.

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