Property score
35.7
Below average
Overall 35.7 · Smaller and older than most nearby homes
480 sqft (bottom 1%) · Built in 1926 (27 yrs older than avg)
Located in a above-average income area with median household income of ~73.5k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, and 3 parks nearby
Living Area
Below average
55% smaller than neighborhood avg.
Year Built
Below average
27 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 10%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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35.7 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: #46110804
$74K
Median household income
$81K
Average household income
15%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
31%
Single-person households
27%
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
848 Mccalman Avenue — 6 amenities found within 500 m, across 3 categories, including 2 dining (nearest 242 m), 1 education (nearest 355 m), 3 parks (nearest 222 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 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 848 Mccalman Avenue
Section 1: Key Characteristics & Appeal
This is a compact, century-old (1926) one-storey home in East Elmwood, presenting a very specific opportunity. Its key characteristics are its modest 480 sqft living area, an unfinished basement, and no garage, situated on a standard 3,295 sqft lot. The home’s assessed value is notably low.
Its primary appeal lies in its position as one of the most accessible entry points into homeownership in Winnipeg. The very low property taxes, resulting from the low assessment, are a significant, ongoing financial benefit. This property is not about move-in-ready perfection; it’s a foundation. It would suit a hands-on first-time buyer looking for a foothold in the market, an investor seeking a straightforward rental property with low carrying costs, or someone interested in a long-term "blank slate" project. A less obvious perspective is its potential for a minimalist lifestyle or as a strategic hold in a mature neighbourhood, where the value is increasingly in the land itself. Buyers must be prepared for the realities of an older, unrenovated home and view it as a starting point for adding value.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
The assessed value is for taxation purposes and is based on a mass appraisal system, not necessarily current market value. The last sale price reflects what a buyer was willing to pay at that time, which can be influenced by market conditions, buyer demand, and the property's specific potential.
2. What are the major considerations with a home built in 1926?
Prospective buyers should budget for and investigate updates to major aging systems, such as plumbing, electrical, and the roof. An inspection is crucial to understand the condition of the original structure and foundation.
3. Is the unfinished basement a drawback or an opportunity?
It’s both. While it doesn’t add finished living space, it provides essential utility access and significant storage or future expansion potential. Finishing it would be a major project to increase livable square footage.
4. How does the small living area compare to nearby homes?
At 480 sqft, it is significantly smaller than most homes on the street and in East Elmwood, where comparable averages are around 926 sqft and 1,065 sqft, respectively. This underscores the home's compact nature.
5. With no garage, what are the parking options?
The property relies on street parking. It’s important to check local bylaws for any restrictions and observe parking availability at different times to ensure it meets your needs.
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