72.9
Good
Property score
72.9
Good
Overall 72.9
Larger and newer than most nearby homes
1,624 sqft (top 12%)
Built in 1979 (26 yrs newer than avg)
Located in a above-average income area
with median household income of ~80k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 school, 5 parks, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
52% larger than neighborhood avg.
Year Built
Above average
26 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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72.9 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
988 Beach Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 487 m), 1 education (nearest 368 m), 5 parks (nearest 167 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 9% | Top 10% | Top 44% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 988 Beach Avenue in East Elmwood presents a compelling opportunity for buyers seeking space and value. Its key appeal lies in its generous proportions relative to the immediate area. The house offers 1,624 sqft of living space, which is significantly above average for both Beach Avenue and the wider East Elmwood neighborhood. It sits on a large, nearly 6,000 sqft lot, ranking in the top 4% of lots on its street, providing ample outdoor space and potential. A notable feature is its renovated basement, adding functional living area. Built in 1979, it is a newer construction compared to many neighboring homes, potentially implying fewer major age-related updates in the near term. The detached garage offers flexible storage or workshop space.
This property is well-suited for growing families or anyone who prioritizes indoor and outdoor space over a brand-new build. It’s ideal for a practical buyer who appreciates a home that stands out in its local context for size and lot, and who may see value in a property that has already undergone some key renovations, like the basement. The recent sale in late 2023 provides a clear, current market benchmark for value.
Frequently Asked Questions
How does the home’s size compare to others nearby?
The living area is in the top 11% on Beach Avenue and top 12% in East Elmwood, meaning it is substantially larger than most direct comparable homes in the neighborhood.
Is the lot size a significant feature?
Yes. The lot is approximately 5,977 sqft, which is in the elite top 4% for Beach Avenue. This is a standout characteristic, offering more private outdoor space than most nearby properties.
What does the 1979 build year mean for a buyer?
While not a new build, this home is notably newer than the average home on its street (avg. 1953) and in East Elmwood. This can suggest updated building materials and systems compared to much older stock, though all components should still be professionally inspected.
The assessed value seems low compared to the recent sale price. Why?
Municipal assessed value (34.90k) is for taxation purposes and is typically not an indicator of current market value. The home sold for 360k in October 2023, which is the relevant market benchmark.
Who would this home not suit as well?
Buyers seeking a modern, open-concept layout or a recently built home with all new finishes may find the 1979 floor plan requires updates. It may also not suit those looking for a low-maintenance property with no renovation projects, as some systems may be due for review or updating given its age.
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