Property score
44.7
Below average
Overall 44.7 · Smaller than most nearby homes
704 sqft (bottom 7%) · Built in 1953
Located in a above-average income area with median household income of ~80k
Transit 94.0 · 2-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
34% smaller than neighborhood avg.
Year Built
Below average
0 yrs newer 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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44.7 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: #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
973 Beach Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 466 m), 1 education (nearest 287 m), 5 parks (nearest 178 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 46% | Bottom 48% | Bottom 20% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 16% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 973 Beach Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on Beach Avenue in East Elmwood is a compact, no-fuss property built in 1953. With 704 square feet of living space, it is notably smaller than most homes in the area, positioning it as a more manageable and likely affordable option. Its key features include a renovated basement and a detached garage. The lot size, while below average for the street, is still a generous 3,946 sqft, offering valuable outdoor space relative to the home's footprint.
The primary appeal lies in its efficiency and potential. The renovated basement adds functional living space, making the total usable area more flexible than the main floor square footage suggests. It suits first-time buyers seeking an entry point into the market without a large maintenance burden, downsizers looking to rightsize, or investors interested in a character home with a solid lot in a stable neighborhood. A thoughtful perspective is that its "below average" size and assessed value compared to the city might represent a lower property tax base, an ongoing financial benefit that is often overlooked. The significant jump in its sale price from 2017 to 2021 also indicates strong recent appreciation in the locale.
Frequently Asked Questions
1. Is the house too small?
At 704 sqft on the main floor, it is compact. However, the renovated basement significantly expands the usable living area, making it more practical for daily life than the initial square footage implies.
2. How does the assessed value affect property taxes?
With an assessed value significantly below the Winnipeg average, this property likely carries a correspondingly lower municipal tax bill, which is an important factor in long-term affordability.
3. What is the neighborhood like?
East Elmwood is a mature, established neighborhood. The data shows homes here are of a similar vintage and value, suggesting a consistent, stable community character.
4. Why is the lot size considered below average?
While the 3,946 sqft lot is smaller than many on Beach Avenue, it remains a substantial piece of land, especially for a home of this size, offering ample yard space.
5. What does the sale history tell us?
The property sold for $240,000 in April 2021, a substantial increase from its previous sale price. This suggests the area has seen considerable market growth, and the home has likely been updated since the earlier sale.
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