Property score
38.0
Below average
Overall 38.0 · Smaller and older than most nearby homes
595 sqft (bottom 1%) · Built in 1943 (10 yrs older than avg)
Located in a above-average income area with median household income of ~74k
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
44% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 64%Tagalog · 9%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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38.0 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: #46110803
$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
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
872 Beach Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 259 m), 1 education (nearest 195 m), 4 parks (nearest 189 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 5% | Bottom 7% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home at 872 Beach Avenue in East Elmwood is defined by its modest scale and significant lot size. The living space is compact at 595 square feet, placing it well below average for the street, neighbourhood, and city. The home, built in 1943, is older than most comparable properties and features a detached garage and an unrenovated basement. Its most notable asset is the land: at nearly 5,000 square feet, the lot is larger than most in the immediate area. The assessed value is notably low, consistent with its size and condition.
The primary appeal lies in its potential as a blank-canvas opportunity. It suits a specific buyer: an investor, builder, or hands-on homeowner looking for a land-value play or a complete renovation project. It is not a move-in-ready home but a foundation for one. A less obvious perspective is its potential for downsizers or minimalists who value a large outdoor space over a large interior, provided they are prepared for updates. Its low operating costs and taxes could also appeal to those seeking the most affordable entry into homeownership with a long-term vision.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's current state—specifically its very small, older living area and unrenovated condition—not the potential value of the land or a future renovated home.
2. What does "top 98%" for living area mean?
It means that 98% of comparable homes on Beach Avenue have a larger living area. This is a statistical ranking showing that this home's interior size is among the smallest on the street.
3. Is the large lot a benefit for future expansion?
Potentially, yes. The lot size is above average for the area, which could provide space for an addition, a garden, or outdoor living areas. Any expansion would require checking with the city's zoning bylaws and obtaining the necessary permits.
4. Who would this property be most suitable for?
It is best suited for an investor, a builder, or a homeowner with renovation experience looking for a project. It could also work for a buyer with a very tight budget who prioritizes land size and is willing to live in a small, dated space while planning gradual improvements.
5. How does the last sale price from 2020 relate to its current value?
The 2020 sale price of $16,500 is a historical data point. Current value is influenced by today's market conditions, the property's assessed value, and its unique characteristics as a small home on a large lot. It indicates the property has been seen as a value-oriented opportunity for some time.
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