Property score
43.0
Below average
Overall 43.0 · Smaller and older than most nearby homes
840 sqft (bottom 30%) · Built in 1907 (46 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
21% smaller than neighborhood avg.
Year Built
Below average
46 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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43.0 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
949 Herbert Avenue — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 146 m), 1 education (nearest 286 m), 4 parks (nearest 67 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 30% | 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
949 Herbert Avenue is a one-and-a-half storey home in Winnipeg's East Elmwood neighbourhood. Built in 1907, it offers 840 square feet of living space on a 3,288 sqft lot. The home features a basement that is noted as not being renovated, and it does not include a garage or pool. Its most recent sale was in June 2021 for $16,500, and it currently carries a municipal assessed value of $18,800.
Key Characteristics & Appeal
This property presents a straightforward, no-frills opportunity. Its primary appeal lies in its position as one of the most accessible entry points into homeownership in the city, underscored by its very low assessed value. The home is modest in scale, with a living area that is typical for its immediate street but below the average for both the wider neighbourhood and Winnipeg overall.
It would suit a specific type of buyer: a hands-on purchaser looking for a foundational asset rather than a finished product. This could be an investor seeking a hold property, a contractor interested in a live-and-renovate project, or a first-time buyer with a tight budget who prioritizes land ownership over move-in condition. A less obvious perspective is its potential as a "blank slate" within an established neighbourhood. Its older vintage (1907) means it predates many homes on the street, possibly offering classic architectural details beneath any modern updates, and its lot size, while not large, is above average for Herbert Avenue itself, suggesting slightly more outdoor space than some direct neighbours.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, age, and condition relative to the broader Winnipeg market. It is in line with values for smaller, older homes in the area, indicating it's priced for its current state rather than potential.
2. What does "basement not renovated" typically imply?
This usually means the basement is in original or utilitarian condition, likely with unfinished spaces, older foundations, and basic mechanical systems. It should be inspected to understand its suitability for storage, laundry, or future development.
3. Is the 2021 sale price a good indicator of current value?
Not directly. That sale price was exceptionally low and likely reflects a specific circumstance at that time. Current value is better gauged by recent comparable sales and the assessed value, though a market appraisal would be needed for accuracy.
4. Who is responsible for verifying the property's history and condition?
The buyer is responsible. We strongly recommend conducting a title search, obtaining a full property history report, and commissioning a professional home inspection to understand any potential issues with the 119-year-old structure.
5. What are the immediate costs a new owner should anticipate?
Beyond any purchase price, a new owner should budget for potential updates to essential systems (roof, wiring, plumbing), immediate repairs identified in an inspection, and bringing the property up to current maintenance standards. The unrenovated state suggests these costs could be significant.
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