Property score
41.4
Below average
Overall 41.4 · Smaller and older than most nearby homes
760 sqft (bottom 16%) · Built in 1907 (46 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, and 3 parks nearby
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
46 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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41.4 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: #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
769 Talbot Avenue — 8 amenities found within 500 m, across 3 categories, including 2 dining (nearest 353 m), 3 education (nearest 410 m), 3 parks (nearest 115 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 | Bottom 36% | Bottom 22% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 760 sqft, one-storey home on Talbot Avenue in East Elmwood presents a specific and practical opportunity. Built in 1907, it is notably older than most area homes, offering historic character but also implying a need for diligent maintenance. Its key characteristic is a generous 4,709 sqft lot, which is larger than average for the street and neighbourhood, providing valuable outdoor space and potential. The living area is compact, but the home features a renovated basement, adding functional space. With a modest assessed value and no garage, it sits as an affordable entry point into the Winnipeg market.
Its primary appeal lies in its land size and price point, making it a candidate for value-driven buyers willing to trade interior square footage for yard space. It would best suit a first-time buyer, an investor looking for a land-hold, or a hands-on owner comfortable with the upkeep of an older home and interested in the potential for expansion or gardening. A less obvious perspective is its appeal to those seeking a simpler, lower-maintenance footprint without sacrificing outdoor privacy, which can be rare in this price range.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing notes a renovated basement, which adds liveable space to the 760 sqft main floor. Prospective buyers should seek specific details on the renovation's scope, permits, moisture control, and ceiling height to understand its true functionality and value.
2. How does the age of the home (1907) affect insurance and maintenance?
At over 115 years old, the home's systems (plumbing, electrical, foundation) may not be original but will require careful inspection. Some insurers may have specific requirements or premiums for homes of this era, so obtaining insurance quotes during the conditional period is advisable.
3. The lot is large, but are there any restrictions on its use?
While the sizable lot is a major asset, buyers should verify zoning bylaws with the city to understand what is permitted (e.g., building an addition, garage, shed, or potential future subdivision) before making plans.
4. How does the assessed value relate to the expected market price?
The assessed value for taxation purposes ($22,500) is typically lower than market value. The sale history shows a previous sale in 2017 for $20,300. The market price will be influenced by current conditions, the home's updated features, and its unique lot size.
5. There's no garage; what are the parking options?
The property has no garage. Buyers should confirm the availability and rules for on-street parking and assess the feasibility and cost of adding a driveway or parking pad to the large lot, subject to local regulations.
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