Property score
50.3
Fair
Overall 50.3 · Older than most nearby homes
992 sqft (top 37%) · Built in 1918 (35 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 3 schools, 4 parks, and 1 place of worship nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Below average
35 yrs older than neighborhood avg.
Mother tongue
English · 69%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: #46110799
$76K
Median household income
$77K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.2
P90 / P10 ratio
28%
Single-person households
21%
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
787 Beach Avenue — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 408 m), 3 education (nearest 366 m), 4 parks (nearest 184 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 18% | Bottom 27% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 787 Beach Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 787 Beach Avenue is a classic one-and-three-quarter storey house in East Elmwood, built in 1918. With 992 square feet of living space and a full, unrenovated basement, it sits on a 3,339 sqft lot. Its key appeal lies in its position as a modest, entry-level property in a stable neighbourhood. The home's assessed value is notably low, which can translate to lower property taxes—a significant, often overlooked advantage for budget-conscious owners.
The property suits first-time buyers, investors, or handy individuals looking for an affordable footprint. Its appeal is practical rather than luxurious: it offers a chance to get into the market at a lower price point, with the potential to add value through updates over time. While its size, age, and lot are below the city-wide average, they are more in line with the local East Elmwood context, presenting a straightforward, no-frills homeownership opportunity. A thoughtful perspective for a buyer is to see the older build date not just as a challenge, but as a chance to own a character home from Winnipeg’s earlier development era, with the understanding that maintenance and modernization will be part of the journey.
Section 2: Frequently Asked Questions
1. How does the low assessed value affect me?
A lower assessed value typically results in lower municipal property taxes, which reduces your ongoing carrying costs. It’s important to note that assessed value is not the same as market value; the home sold for $210,000 in 2021.
2. What does "unrenovated basement" imply?
This generally means the basement is in original or functional condition, but not modernized. It offers usable space for storage or utilities, but any finished living area or updated amenities would be a project for the buyer.
3. Is the lot size a drawback?
At 3,339 sqft, the lot is smaller than many in the city but is not uncommon for the East Elmwood area. It provides manageable outdoor space with less maintenance, which can be a positive for those not wanting extensive yard work.
4. The home is older—what should I consider?
Built in 1918, the house will likely require a diligent inspection for its foundational structure, plumbing, electrical systems, and insulation. Its age also means it predates modern building standards, so budgeting for updates or repairs is wise.
5. How does this property compare to others nearby?
Based on the provided data, this home has a smaller living area and lot than some immediate neighbours on Beach Avenue, and its assessed value is also on the lower end for the street. This reinforces its position as a more affordable option within the same block.
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