Property score
53.1
Fair
Overall 53.1 · Newer than most nearby homes
963 sqft (top 42%) · Built in 1957 (4 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 1 place of worship nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Above average
4 yrs newer 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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53.1 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
985 Herbert Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 209 m), 1 education (nearest 314 m), 4 parks (nearest 97 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 | Top 21% | Top 44% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1957 one-storey home at 985 Herbert Avenue in East Elmwood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of a generous, above-average lot and a recently renovated basement, offering solid potential within a modest footprint. The living space (963 sq ft) is typical for the immediate area but smaller than the Winnipeg average, indicating a home focused on essentials rather than expansiveness. However, the property stands out with its large 5,253 sq ft lot—significantly larger than most neighbours—providing excellent outdoor space for gardening, play, or future expansion. With an assessed value that ranks well above average for the street and neighbourhood, it suggests the property holds inherent value, possibly due to its lot size and updates.
This home would suit first-time buyers seeking an entry point into homeownership with a manageable-sized house and room to grow outdoors. It’s also a fit for downsizers or pragmatic investors looking for a low-maintenance, single-level layout with a finished basement for additional living space or rental potential. The value proposition is grounded in the land and functional updates rather than luxury finishes.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is very close to the average for both Herbert Avenue and the wider East Elmwood neighbourhood. It is, however, notably smaller than the average Winnipeg home, making it a more compact, efficient layout.
2. Why is the assessed value relatively high for the area?
The assessed value ranks well above average for both the street and neighbourhood. This is likely influenced by the property's significantly larger-than-average lot size and the renovated basement, which add tangible value.
3. What is the significance of the large lot?
At over 5,250 sq ft, the lot is a standout feature. It offers ample private outdoor space, which is a rarity in older neighbourhoods, and provides flexibility for gardening, recreation, or potential future additions like a garage or deck.
4. Is the renovation in the basement a full legal suite?
The details provided state the basement is renovated but do not specify if it is a legal secondary suite. Buyers should verify with the municipality regarding permits, proper egress, and kitchen facilities to understand its legal status and potential.
5. The home last sold in 2017. What does that indicate?
A sale seven years ago suggests the current owners have had a stable tenure. It may indicate a well-maintained property, but it also means the recent market value will need to be established through a current appraisal and market comparison, as prices have likely shifted since then.
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