Property score
50.3
Fair
Overall 50.3 · Older than most nearby homes
930 sqft (top 48%) · Built in 1949 (4 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 80.0 · 2-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
Near average
13% smaller than neighborhood avg.
Year Built
Below average
4 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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50.3 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
774 Beach Avenue — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 395 m), 3 education (nearest 416 m), 3 parks (nearest 157 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 35% | Bottom 43% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 32% | Bottom 41% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 774 Beach Avenue in East Elmwood is a classic Winnipeg post-war property, built in 1949. With 930 square feet of living space and a recently renovated basement, it sits on a standard city lot of just over 4,000 square feet. The home features a detached garage. Its key appeal lies in its established neighbourhood setting and its position as a solid, average performer within its immediate area—neither the largest nor the smallest on the block, with an assessed value that aligns with local norms. It last sold in 2016 and 2017 for $230,000.
This property would suit first-time buyers or practical downsizers looking for a straightforward, no-frills home in a mature neighbourhood. Its average metrics for the street suggest a stable, predictable investment without extreme outliers in size or value. The renovated basement adds functional living space, making it a practical choice for those who value utility over high-end finishes. A thoughtful perspective is that its "average" standing locally might offer a buffer against market volatility compared to more atypical properties, and the older neighbourhood likely provides mature trees and settled community feel that newer subdivisions lack.
Frequently Asked Questions
1. How does this home compare to others in Winnipeg?
City-wide, the living space and lot size are below the Winnipeg average, which is typical for an older, inner-ring neighbourhood. This often translates to a more manageable property for maintenance and lower utility costs compared to larger, newer homes.
2. What does the assessed value indicate?
The assessed value is for municipal tax purposes and is significantly lower than the home's likely market value (as indicated by its past sale price of $230k). It's best to view the assessment as a baseline for estimating annual property taxes, not as an appraisal.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.
4. What is the significance of the home being "around average" for the street?
This statistical positioning suggests the property is typical for Beach Avenue, which can be positive for resale value. It means future appraisals and valuations are less likely to be complicated by unusual features or drastic differences from neighbouring homes.
5. The home sold twice in two years (2016, 2017). Should that be a concern?
The same sale price in both transactions suggests it was not a flip or a distressed sale. It could indicate a transfer between family members, a quick change of circumstance for the buyer, or an initial sale that fell through and closed later. Title search and disclosure from the seller would provide clarity.
