Property score
47.6
Below average
Overall 47.6 · Smaller and older than most nearby homes
808 sqft (bottom 26%) · Built in 1947 (6 yrs older than avg)
Located in a above-average income area with median household income of ~80k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 73%Tagalog · 7%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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47.6 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: #46110800
$80K
Median household income
$81K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
21%
Single-person households
24%
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
853 Talbot Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 240 m), 1 education (nearest 200 m), 4 parks (nearest 128 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 20% | Bottom 8% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 853 Talbot Avenue, East Elmwood, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in East Elmwood presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 808 sqft main floor. The property includes a detached garage and sits on a standard city lot of just under 4,000 sqft.
The primary appeal lies in its strong value proposition within its immediate area. The assessed value is notably above average for both Talbot Avenue and the wider East Elmwood neighbourhood, suggesting the property is in good condition relative to its peers, potentially due to updates like the basement renovation. However, its living space is modest compared to area averages, indicating an efficient, lower-maintenance footprint.
This home would suit first-time buyers seeking an entry point into homeownership with some modernized finishes, or practical downsizers looking for a manageable single-level layout with a finished basement for extra room. It’s for buyers who prioritize neighbourhood value and functional updates over sheer size.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely asking or sale price?
While the assessed value ($28,700) is strong for the street and neighbourhood, it is important to note that citywide averages are much higher. This indicates assessed values in East Elmwood are generally lower. The sale price will be determined by the current market and recent comparable sales, not the assessment.
2. Is the living space too small?
At 808 sqft above grade, the main floor is compact. The renovated basement significantly adds to the usable living area, making the overall footprint more functional. Buyers should consider if the layout meets their needs for daily living.
3. What are the implications of the home’s age (built in 1947)?
The age is typical for the area. While the basement has been renovated, a pre-purchase inspection is highly recommended to assess the condition of core systems like plumbing, electrical, and the foundation, which are common update points for homes of this era.
4. What is the neighbourhood like?
East Elmwood is an established, mature neighbourhood. The property rankings show homes here generally have more modest square footage and assessments than the Winnipeg citywide average, pointing to a community of affordable, character homes.
5. Why is the citywide assessed value average so much higher?
The citywide average ($390k) includes all home types across all neighbourhoods. The more relevant comparisons are the local ones (Talbot Avenue and East Elmwood), where this property’s assessment ranks above average, indicating it is likely well-maintained within its specific market context.
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