Property score
43.1
Below average
Overall 43.1 · Smaller than most nearby homes
735 sqft (bottom 12%) · Built in 1950 (3 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 3 schools, and 4 parks nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Below average
3 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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43.1 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
786 Beach Avenue — 9 amenities found within 500 m, across 3 categories, including 2 dining (nearest 367 m), 3 education (nearest 382 m), 4 parks (nearest 135 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 47% | Top 50% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 786 Beach Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1950, situated on a standard-sized lot in East Elmwood. With 735 square feet of living space, it is notably smaller than average for the city, but is typical for the immediate Beach Avenue area. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The home’s assessed value is modest and aligns closely with neighborhood averages.
Its primary appeal lies in being an affordable, no-frills entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors looking for a straightforward property with recent updates below ground. A thoughtful perspective is that its smaller size and efficient layout could mean lower utility costs and less maintenance, offering a simpler, more manageable lifestyle. While not a standout in any single metric, it represents a grounded opportunity in a well-established community where the property is statistically average for its immediate surroundings, suggesting stability rather than outlier risk or premium.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. At 735 sq ft, the living area is below the Winnipeg average. However, it ranks in the top 83% on its own street, meaning it is actually quite typical for the specific block of Beach Avenue.
2. What does "renovated basement" mean?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits should be verified by a buyer's inspection. It adds valuable functional space to the smaller main floor.
3. How does the assessed value relate to the sale price?
The property recently sold for $24.4k, slightly below its $25.2k assessed value. This close alignment suggests the sale was in line with municipal valuation and recent area market activity.
4. Who are the typical neighbors or buyers here?
Given the home's size and profile, the immediate area likely attracts practical buyers—first-time homeowners, downsizers from the neighborhood, or long-term holders seeking affordability over luxury.
5. Are there any obvious advantages to the lot or location?
The lot is a standard neighborhood size. The advantage is not in standout dimensions but in its established setting. Proximity to nearby, recently sold similar properties (like 778 Beach Ave) indicates a stable, consistent local market.
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