783 Talbot Avenue

East Elmwood, Winnipeg

Property score

40.0

Below average

Overall 40.0 · Smaller and older than most nearby homes

666 sqft (bottom 4%) · Built in 1946 (7 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, 1 school, and 4 parks nearby

Living Area

Below average

37% smaller than neighborhood avg.

Year Built

Below average

7 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

40.0 is composed by the two sections below.

Property Score

24.3Low
Living Area15
666 sqftLow
Year Built30
1946Low
Lot Size46
3,978 sqftLow
Neighbourhood Sales Activity48
Low

Community Score

63.5Fair
Household Income74
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health60
Fair

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

below average
666 sqft
0255075100
Same streetBottom 7%Same areaBottom 4%CitywideBottom 2%
Same street · Talbot Avenue
#356 / 384
Bottom 7% · Avg 997 sqft
Same area · East Elmwood
#1,121 / 1,163
Bottom 4% · Avg 1,065 sqft
Citywide · Winnipeg
#190,243 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
213k
0255075100
Same streetBottom 35%Same areaBottom 20%CitywideBottom 10%
Same street · Talbot Avenue
#249 / 384
Bottom 35% · Avg 239.3k
Same area · East Elmwood
#931 / 1,163
Bottom 20% · Avg 265k
Citywide · Winnipeg
#174,757 / 194,458
Bottom 10% · Avg 390.1k

Year Built

around average
1946
0255075100
Same streetBottom 37%Same areaBottom 19%CitywideBottom 23%

Lot Size

around average
3,978 sqft
0255075100
Same streetBottom 48%Same areaBottom 29%CitywideBottom 25%

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

783 Talbot Avenue — 7 amenities found within 500 m, across 3 categories, including 2 dining (nearest 305 m), 1 education (nearest 354 m), 4 parks (nearest 84 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks4

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 11/2020CA$200k–250k
Sold price

Same street

Bottom 42%

Same area

Bottom 27%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 783 Talbot Avenue, Winnipeg

Property Overview

This one-and-a-half storey home on Talbot Avenue in East Elmwood presents a compact, no-fuss living option. Its key appeal lies in its efficiency and practicality. With a modest 666 sqft of living space and a renovated basement, it maximizes utility without excess. The detached garage and a near 4,000 sqft lot offer valuable flexibility for parking, storage, or outdoor projects. The home’s assessed value is notably lower than both area and city averages, suggesting a potentially accessible entry point into the market.

It would suit a first-time buyer, an investor, or someone looking to downsize into a manageable property without major renovation needs. Its below-average size and value for the area make it a pragmatic choice for those prioritizing function and affordability over square footage. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—a well-located, post-war property that offers the chance to build equity without the premium of a larger, updated home.


Frequently Asked Questions

How does the home's size compare to others?
At 666 sqft, the living area is below average for Talbot Avenue, East Elmwood, and Winnipeg overall. It ranks in the bottom 7% locally, making it one of the more compact homes in the area.

What is the property's value proposition?
The assessed value of $21,300 is around average for Talbot Avenue but below average for the wider neighbourhood and city. This indicates you may be paying primarily for location and land, with the home itself offering a cost-effective footprint.

Is the lot size a positive feature?
The 3,978 sqft lot is roughly average for the street but below the area and city averages. It provides a decent outdoor space for a home of this size, which is a relative advantage given the compact living area.

What does the sale history indicate?
The home last sold in November 2020 for its assessed value of $21,300. This recent sale at the official valuation provides a clear and stable benchmark, with no apparent premium or discount at that time.

Who are the most likely neighbours?
The immediate neighbours on Talbot Avenue are homes of very similar vintage (built 1946-1949) and scale, suggesting a consistent, established streetscape without large disparities in property size or style.