Property score
42.5
Below average
Overall 42.5 · Smaller and older than most nearby homes
777 sqft (bottom 19%) · 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, 3 schools, 3 parks, and 1 place of worship nearby
Living Area
Below average
27% smaller 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)
460
277.7k
$225/sqft
1953
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42.5 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: #46110803
$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
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
763 Talbot Avenue — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 381 m), 3 education (nearest 435 m), 3 parks (nearest 141 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%
763 Talbot Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 763 Talbot Avenue, East Elmwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, post-war bungalow built in 1947, offering a straightforward and affordable entry into Winnipeg’s East Elmwood neighborhood. With 777 square feet of living space and a nearly 4,000 sqft lot, its key characteristic is its relative affordability within a stable, established community. The home’s assessed value of $225k is notably below both the citywide and neighborhood averages, positioning it as a value-conscious option.
Its primary appeal lies in its practicality. For a first-time buyer, downsizer, or investor, it represents a lower barrier to entry with the potential to add value through updates. The lot size is typical for the immediate street and offers reasonable outdoor space. A thoughtful perspective is that while the home ranks below average in size and value for the wider area, it is much more aligned with its immediate surroundings on Talbot Avenue, suggesting it fits the character of this specific block. This property would best suit a hands-on buyer comfortable with a home that may require modernization, or an investor looking for a rental property in a neighborhood with consistent demand. It’s a pragmatic choice over a premium one.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
Based on assessed values, this home is priced below the East Elmwood neighborhood average and significantly below the Winnipeg city average. For a buyer prioritizing location within a budget, it represents a cost-effective way to enter the market.
2. How does the size compare to nearby homes?
At 777 sqft, the living area is smaller than most homes in the neighborhood and city. However, on its own street, it is closer to the norm, ranking in the top 75%. This indicates a block of similarly scaled, character homes.
3. What is the potential for future value increase?
The below-average assessment and smaller size suggest there may be opportunity to increase value through strategic renovations or an addition, subject to permits and budget. The lot provides some flexibility for expansion or landscaping improvements.
4. Why isn’t sold price history shown here?
Due to industry data rules, detailed MLS sales history is not published on this site. You can request a manual lookup for the most accurate transaction history and exact sold prices by email via the form on the property page.
5. What are the comparable homes nearby?
Nearby properties on Talbot, Beach, and Manhattan Avenues, built in the same era (late 1940s/early 1950s) with assessed values ranging from $209k to $287k, provide a relevant benchmark for size, age, and value in this specific part of East Elmwood.
