43.7
Below average
Property score
43.7
Below average
Overall 43.7
Smaller and older than most nearby homes
751 sqft (bottom 15%)
Built in 1949 (4 yrs older than avg)
Located in a above-average income area
with median household income of ~73k
Transit 94.0
2-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 1 school, 5 parks, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
4 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 7%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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43.7 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: #46110802
$73K
Median household income
$81K
Average household income
16%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
23%
Single-person households
25%
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
950 Talbot Avenue — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 451 m), 1 education (nearest 414 m), 5 parks (nearest 86 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 950 Talbot Avenue.
Garbage
monday
Recycling
monday
Yard Waste
monday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 45% | Bottom 40% | Bottom 17% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 950 Talbot Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1949, situated on a standard-sized lot in East Elmwood. Its primary appeal lies in value and practicality. At 751 sq ft, the living space is notably smaller than average for the area, positioning it as an efficient, low-maintenance footprint. A key feature is the renovated basement, which adds functional space. The home includes a detached garage.
The property’s standout characteristic is its financial profile. While the house itself is modest in size, its assessed value ranks above average for its immediate street and is solid for the East Elmwood neighborhood. This suggests the property holds its value well locally, potentially due to the renovated basement, lot location, or the inherent demand for well-priced starter homes in the area. It would suit first-time buyers, downsizers, or practical investors looking for an entry point into the market with a renovated element and without a large space to maintain. Its scale offers lower utility costs and less upkeep, which is a specific, thoughtful advantage for budget-conscious or time-poor owners.
Frequently Asked Questions
1. Is the house too small?
At 751 sq ft, it is significantly smaller than the average Winnipeg home. However, the renovated basement provides additional functional space. This layout suits individuals, couples, or small families who prioritize efficient living over ample square footage.
2. How does the assessed value compare?
Interestingly, while the house is smaller than most, its assessed value is strong for the local area—ranking in the top 29% on its own street. This indicates the property is valued favorably compared to its closest neighbors, which is a positive sign for its market position.
3. What is the significance of a detached garage?
A detached garage offers flexibility. It can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It may also present future potential, subject to local bylaws, for a lane-way suite or conversion.
4. Are there any concerns with the age of the home?
Built in 1949, the home is of average age for the neighborhood. Buyers should prioritize a thorough inspection to assess the condition of major aging components like the roof, plumbing, and electrical systems, which may need updates or maintenance.
5. Who would this property not suit?
It would likely not meet the needs of those requiring multiple bedrooms, dedicated home office spaces, or expansive living areas. Families with older children or buyers who frequently entertain large gatherings may find the main floor living area restrictive.
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