776 Talbot Avenue

East Elmwood, Winnipeg

Property score

46.6

Below average

Overall 46.6 · Older than most nearby homes

908 sqft (bottom 47%) · Built in 1910 (43 yrs older than avg)

Located in a above-average income area with median household income of ~74k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 2 schools, and 3 parks nearby

Living Area

Near average

15% smaller than neighborhood avg.

Year Built

Below average

43 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

46.6 is composed by the two sections below.

Property Score

35.3Low
Living Area908 sqft42Low
Year Built191010Low
Lot Size3,006 sqft38Low
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

around average
908 sqft
0255075100
Same streetTop 49%Same areaBottom 47%CitywideBottom 17%
Same street · Talbot Avenue
#188 / 384
Top 49% · Avg 997 sqft
Same area · East Elmwood
#616 / 1,163
Bottom 47% · Avg 1,065 sqft
Citywide · Winnipeg
#161,184 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

below average
194k
0255075100
Same streetBottom 21%Same areaBottom 11%CitywideBottom 7%
Same street · Talbot Avenue
#303 / 384
Bottom 21% · Avg 239.3k
Same area · East Elmwood
#1,034 / 1,163
Bottom 11% · Avg 265k
Citywide · Winnipeg
#180,003 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 23%Same areaBottom 6%CitywideBottom 6%

Lot Size

below average
3,006 sqft
0255075100
Same streetBottom 18%Same areaBottom 9%CitywideBottom 12%

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

776 Talbot Avenue — 7 amenities found within 500 m, across 3 categories, including 2 dining (nearest 319 m), 2 education (nearest 429 m), 3 parks (nearest 80 m).

Search radius
🍽️Dining2
🏫Education2
🌳Parks3

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 1/2018CA$100k–150k
Sold price

Same street

Bottom 11%

Same area

Bottom 3%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 776 Talbot Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Talbot Avenue in East Elmwood presents a straightforward, entry-level opportunity. Built in 1910, it offers 908 sqft of living space with an unfinished basement and sits on a 3,006 sqft lot. The home has not been renovated, and there is no garage. Its most recent sale was in 2018 for $147,000, and its current assessed value is $19,400.

Key Characteristics & Appeal

The primary appeal of this property lies in its affordability and its position as a potential starter home or investment property in a long-established neighbourhood. While its living space is modest and its lot size is below average for the immediate area, it ranks more competitively on Talbot Avenue itself, suggesting it fits the local streetscape. The home suits buyers comfortable with a project, whether that means living with an unfinished basement for storage or planning gradual updates. Its age (1910) means it has character and solid construction, but also implies that systems may need attention. A thoughtful perspective is that its very low assessed value, while indicating it’s priced below most of the city, could represent a lower property tax burden—a key factor for budget-conscious owners. It’s best suited for first-time buyers seeking a foothold, hands-on investors looking for a rental property, or those who prioritize location and lot ownership over modern finishes.

Frequently Asked Questions

1. What does the assessed value tell me about the property?
At $19,400, the assessed value is significantly below average for the neighbourhood and city. This typically reflects the home’s age, condition, and modest size, and often correlates with lower municipal property taxes.

2. How does the lot size compare?
The 3,006 sqft lot is below the average for East Elmwood. However, it is more in line with other properties on Talbot Avenue itself, indicating the lot is typical for this specific street.

3. What should I consider given the home’s age?
Built in 1910, the home likely has solid foundational construction. Buyers should budget for potential updates to major aging systems, such as plumbing, electrical, or the roof, and consider an inspection a priority.

4. The basement is noted as “not renovated.” What does that mean?
This indicates the basement is unfinished. It provides valuable utility space and storage, but is not configured as livable space like a rec room or bedroom.

5. Who would this property not suit?
It may not suit buyers seeking a move-in-ready home with modern amenities, those needing ample indoor or outdoor space, or anyone unable to manage potential maintenance projects associated with a century-old house.

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