49.3
Below average
Property score
49.3
Below average
Overall 49.3
Older than most nearby homes
960 sqft (top 42%)
Built in 1928 (25 yrs older than avg)
Located in a above-average income area
with median household income of ~80k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 1 school, 5 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Below average
25 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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49.3 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
923 Beach Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 349 m), 1 education (nearest 136 m), 5 parks (nearest 118 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%
Local garbage, recycling, and yard waste pickup schedule for 923 Beach Avenue.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 24% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 923 Beach Avenue in East Elmwood presents a straightforward opportunity. Built in 1928, it offers 960 square feet of living space with an unfinished basement and a detached garage on a 3,156 sqft lot. The home sold recently in November 2024. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. The assessed value is notably below average for the street, neighborhood, and city, which typically indicates a lower property tax burden and suggests room for value growth through updates. This isn't a move-in-ready showcase; its charm is rooted in potential and practicality.
It would suit a first-time buyer comfortable with a project, an investor looking for a rental property with a classic structure, or someone seeking a modest, manageable footprint without a large mortgage. A thoughtful perspective is that its smaller lot and vintage build date might actually be an advantage for those wanting less exterior maintenance and the character of an older home, provided they are prepared for the upkeep that comes with it.
Frequently Asked Questions
1. What does the below-average assessed value mean for me?
A lower assessed value generally translates to lower municipal property taxes compared to similar-sized homes in the area. It can also indicate the home is due for modernization, representing a value-add opportunity for a buyer.
2. Is the unfinished basement a drawback?
Not necessarily. While it requires work to become living space, it provides dry, usable storage and offers a blank canvas for future development, allowing you to customize it to your needs without undoing previous renovations.
3. The home is older than most on the street. Should I be concerned?
Homes from this era were often built with durable materials. However, a thorough inspection is essential to understand the condition of major aging components like the roof, wiring, and plumbing, which will inform your renovation priorities and budget.
4. Who might this property NOT be suitable for?
It may not suit buyers seeking a large yard, modern open-concept layouts, or a turn-key home without any immediate projects. The living space is compact, and the basement and likely some main systems would require investment over time.
5. The lot size is smaller than average. Is that a problem?
For many, a smaller lot is a benefit, meaning less time and money spent on lawn care and landscaping. It still provides adequate outdoor space for a garden or patio but may not accommodate large additions or a pool.
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