Property score
66.7
Good
Overall 66.7 · Larger and newer than most nearby homes
1,570 sqft (top 13%) · Built in 1958 (5 yrs newer 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, 5 parks, and 1 place of worship nearby
Living Area
Above average
47% larger than neighborhood avg.
Year Built
Above average
5 yrs newer 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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66.7 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: #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
871 Talbot Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 274 m), 1 education (nearest 214 m), 5 parks (nearest 152 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 | Top 12% | Top 20% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on Talbot Avenue in East Elmwood presents a compelling blend of space, value, and established neighborhood character. Built in 1958, it sits on a standard city lot and features a renovated basement and a detached garage.
Key Characteristics & Appeal
The primary strength of this property is its generous living space. At 1,570 sqft, it ranks in the top 6% of homes on its street and the top 13% within East Elmwood for size, offering significantly more room than many local comparables. This is paired with a notably low municipal assessed value, placing it in the top tiers for the area, which suggests a potentially attractive property tax advantage. The renovated basement adds functional, modernized space.
Its appeal lies in offering above-average interior square footage in a mature, no-frills neighborhood at what appears to be a efficient value point. It suits practical buyers—growing families, multi-generational households, or those working from home—who prioritize space and value over newer construction or luxury finishes. A thoughtful perspective is that while the home itself is newer than many on the street, its 1958 build date means major systems may be due for updates, representing both a consideration and an opportunity for customization.
Frequently Asked Questions
1. How does the low assessed value affect property taxes?
A lower assessed value typically results in lower municipal property taxes compared to similar-sized homes with higher assessments, which is a key ongoing cost advantage.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of the renovation, the materials used, and whether it includes a proper secondary suite or is simply finished living space.
3. Is the detached garage insulated or heated?
This detail is not provided. The condition and specifications of the detached garage would be an important point of inquiry for those needing year-round vehicle storage or workshop space.
4. How does the 2022 sale price relate to the current assessed value?
The home sold for $320,000 in late 2022. Its current assessed value for tax purposes ($34,500) is not a market valuation but an administrative figure used by the city. The market value would be determined by current local sales and conditions.
5. What is the typical mix of owners and renters on this street?
The listing shows closely spaced, similar homes, suggesting a long-established block. Understanding the neighborhood's owner-occupancy rate can provide insight into community stability and property upkeep norms.
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