907 Talbot Avenue

East Elmwood, Winnipeg

Property score

44.0

Below average

Overall 44.0 · Smaller than most nearby homes

768 sqft (bottom 18%) · Built in 1950 (3 yrs older than avg)

Located in a above-average income area with median household income of ~80k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 place of worship nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 73%Tagalog · 7%

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

44.0 is composed by the two sections below.

Property Score

28.5Low
Living Area768 sqft22Low
Year Built195030Low
Lot Size3,979 sqft46Low
Neighbourhood Sales Activity48Low

Community Score

67.2Good
Household Income77Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110800

Community deep dive

$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

Population, labour & age

Population (2021)512
Labour force participation rate58%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households21%
Couple families with children24%
Median household income (2020)$80K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority26%
Bachelor's or higher (25–64)11%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
768 sqft
0255075100
Same streetBottom 24%Same areaBottom 18%CitywideBottom 7%
Same street · Talbot Avenue
#290 / 384
Bottom 24% · Avg 997 sqft
Same area · East Elmwood
#954 / 1,163
Bottom 18% · Avg 1,065 sqft
Citywide · Winnipeg
#180,149 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

below average
197k
0255075100
Same streetBottom 24%Same areaBottom 13%CitywideBottom 8%
Same street · Talbot Avenue
#292 / 384
Bottom 24% · Avg 239.3k
Same area · East Elmwood
#1,015 / 1,163
Bottom 13% · Avg 265k
Citywide · Winnipeg
#179,272 / 194,458
Bottom 8% · Avg 390.1k

Year Built

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

Lot Size

around average
3,979 sqft
0255075100
Same streetBottom 49%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

907 Talbot Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 342 m), 1 education (nearest 266 m), 5 parks (nearest 203 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
Worship1

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

Sold 7/2023CA$200k–250k
Sold price

Same street

Bottom 35%

Same area

Bottom 20%

City-wide

Bottom 11%

Related homes

Highlights & common questions: 907 Talbot Avenue, Winnipeg

Property Overview: 907 Talbot Avenue, East Elmwood

Section 1: Key Characteristics & Appeal

This one-storey home on a standard-sized lot presents a straightforward, entry-level opportunity in Winnipeg's East Elmwood neighborhood. Its key characteristic is its modest scale, with a living area of 768 sqft that is notably smaller than most comparable homes in the area and city. The home features a basement (not renovated) and a detached garage, and was built in 1950, making it older than the citywide average but typical for its immediate street.

The appeal lies primarily in its affordability and potential. With a recently sold price and an assessed value significantly below city averages, it represents one of the more accessible entry points into homeownership in Winnipeg. It suits first-time buyers, investors, or downsizers who prioritize a lower financial commitment over move-in-ready size or modern finishes. A thoughtful perspective is that its smaller footprint can mean lower utility costs and less maintenance, while the unrenovated basement offers a blank canvas for future expansion or customization, adding value through sweat equity rather than a high purchase price.

Section 2: Frequently Asked Questions

1. Is the home in need of major updates?
Yes. The listing explicitly notes the basement is "not renovated," and given the home's 1950s construction, buyers should budget for updates to major systems (like plumbing or electrical) and interior finishes.

2. How does the size compare to nearby homes?
The living space is compact. At 768 sqft, it is about 230 sqft smaller than the average home on Talbot Avenue and nearly 300 sqft smaller than the East Elmwood average, indicating a cozier living arrangement.

3. What is the neighborhood like for a property at this price point?
East Elmwood is a established, no-frills residential area. This property's metrics (like assessed value ranking in the top 87% for the area) suggest it is priced below the neighborhood norm, offering a chance to live in the community at a below-average cost.

4. Does the lot size offer room for expansion?
The lot is approximately 4,000 sqft, which is standard for the street but below the city average. While it provides adequate yard space, any significant expansion of the home's footprint would require careful planning due to the existing structure and lot coverage rules.

5. Why is the citywide average assessed value comparison so high?
The data shows a dramatic jump to a $390k citywide average for "comparable homes," which highlights that this property exists in a much more affordable segment of the market. It underscores that this is a value-driven option, not a median-priced city home.

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