789 Talbot Avenue

East Elmwood, Winnipeg

Property score

40.0

Below average

Overall 40.0 · Smaller than most nearby homes

672 sqft (bottom 4%) · Built in 1950 (3 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: 1 dining spot, 1 school, and 4 parks nearby

Living Area

Below average

37% 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)

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
672 sqftLow
Year Built30
1950Low
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
672 sqft
0255075100
Same streetBottom 9%Same areaBottom 4%CitywideBottom 2%
Same street · Talbot Avenue
#351 / 384
Bottom 9% · Avg 997 sqft
Same area · East Elmwood
#1,114 / 1,163
Bottom 4% · Avg 1,065 sqft
Citywide · Winnipeg
#189,625 / 194,458
Bottom 2% · Avg 1,342 sqft

Tax-Assessed Value

around average
243k
0255075100
Same streetTop 40%Same areaBottom 42%CitywideBottom 16%
Same street · Talbot Avenue
#154 / 384
Top 40% · Avg 239.3k
Same area · East Elmwood
#672 / 1,163
Bottom 42% · Avg 265k
Citywide · Winnipeg
#164,131 / 194,458
Bottom 16% · Avg 390.1k

Year Built

around average
1950
0255075100
Same streetTop 40%Same areaBottom 32%CitywideBottom 28%

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

789 Talbot Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 289 m), 1 education (nearest 334 m), 4 parks (nearest 83 m).

Search radius
🍽️Dining1
🏫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

789 Talbot Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 789 Talbot Avenue, Winnipeg

Property Overview: 789 Talbot Avenue, East Elmwood

Section 1: Key Characteristics & Appeal

This is a compact, post-war one-storey home built in 1950, situated on a standard-sized lot in East Elmwood. Its key characteristic is its modest 672 sqft living area, which is notably smaller than most homes in the neighbourhood and city. However, it presents a clear value proposition: its assessed value is consistent with the local area average, suggesting you are paying primarily for location and land, not for extensive square footage. The home features a renovated basement and a detached garage.

Its appeal lies in its efficiency and affordability within a well-established community. It suits first-time buyers or investors seeking an entry point into the Winnipeg market with lower carrying costs. It could also be a fit for downsizers looking to rightsize without leaving the neighbourhood. A thoughtful perspective is that this property represents a "blank canvas" opportunity—the lower investment in the structure itself can free up capital for personal renovations or additions, allowing a buyer to tailor the space to their needs over time, potentially adding value.

Section 2: Frequently Asked Questions

1. Is the house too small?
At 672 sqft, the living area is significantly below the neighbourhood average. This makes it a consciously compact living space, best suited for individuals, couples, or those comfortable with efficient, minimalist living. The renovated basement provides crucial additional flexible space.

2. How does the assessed value compare?
The assessed value is squarely average for Talbot Avenue and East Elmwood, but well below the Winnipeg city average. This indicates the property is priced appropriately for its immediate locale, not inflated by broader market trends.

3. What is the land like?
The 3,978 sqft lot is typical for the street but smaller than many city lots. It offers adequate outdoor space for a garden or patio without being burdensome to maintain, which can be an advantage.

4. How old is the home, and what does that mean?
Built in 1950, it is older than the city median. Buyers should budget for maintenance consistent with a home of this era, but it also comes with the character and mature landscaping of an established area.

5. Who are the neighbours?
The direct neighbours on Talbot Avenue are homes of very similar vintage, size, and value, suggesting a streetscape of consistent, modest properties. This can contribute to neighbourhood stability and predictable property values.