995 Talbot Avenue

East Elmwood, Winnipeg

Property score

46.4

Below average

Overall 46.4 · Older than most nearby homes

860 sqft (bottom 32%) · Built in 1907 (46 yrs older than avg)

Located in a above-average income area with median household income of ~80k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 5 parks, and 1 sports facility nearby

Living Area

Below average

19% smaller than neighborhood avg.

Taon ng Paggawa

Below average

46 yrs older than neighborhood avg.

Mother tongue

English · 73%Tagalog · 7%

Past 10 years East Elmwood sales snapshot (~80% of all data)

Sold Count

460

Median price

277.7k

$/sqft

$225/sqft

Avg build year

1953

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Property score

46.4 is composed by the two sections below.

Property Score

32.6Low
Living Area860 sqft32Low
Taon ng Paggawa190710Low
Lupa4,598 sqft60Fair
Neighbourhood Sales Activity48Low

Community Score

67.2Good
Household Income77Good
Education Level22Low
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

Istatistika ng benta ng komunidad

East Elmwood

How to read: Share of sales in each ~$50k price band for “east elmwood” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110800

Community deep dive

$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

Population, labour & age

Population (2021)512
Labour force participation rate58%
Median age38.0
Avg household size2.8
Unemployment rate7%
Population density3200 / km²

Households & income

Low income (LIM-AT, % pop.)11%
Single-person households21%
Couple families with children24%
Median household income (2020)$80K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$250K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority26%
Bachelor's or higher (25–64)11%
Mother tongue (1st)English · 72%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

karaniwan
860 sqft
0255075100
Same streetBottom 37%Same areaBottom 32%CitywideBottom 13%
Same street · Talbot Avenue
#240 / 384
Bottom 37% · Avg 997 sqft
Same area · East Elmwood
#792 / 1,163
Bottom 32% · Avg 1,065 sqft
Citywide · Winnipeg
#168,842 / 194,458
Bottom 13% · Avg 1,342 sqft

Assessed Value

karaniwan
254k
0255075100
Same streetTop 32%Same areaTop 49%CitywideBottom 18%
Same street · Talbot Avenue
#123 / 384
Top 32% · Avg 239.3k
Same area · East Elmwood
#569 / 1,163
Top 49% · Avg 265k
Citywide · Winnipeg
#159,292 / 194,458
Bottom 18% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1907
0255075100
Same streetBottom 17%Same areaBottom 3%CitywideBottom 4%

Lupa

lampas sa average
4,598 sqft
0255075100
Same streetTop 26%Same areaTop 39%CitywideBottom 36%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

995 Talbot Avenue — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 482 m), 1 education (nearest 411 m), 5 parks (nearest 129 m).

Search radius
🍽️Dining2
🏫Education1
🌳Parks5
💪Sports1
Fuel Stations1
Worship1

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 9/2022CA$200k–250k
Presyo ng benta

Parehong kalye

Top 43%

Parehong lugar

Bottom 46%

Buong lungsod

Bottom 19%

Related homes

Mga tampok at karaniwang tanong: 995 Talbot Avenue, Winnipeg

Property Overview

995 Talbot Avenue is a one-storey home in Winnipeg's East Elmwood neighbourhood. Built in 1907, its 860 sqft of living space sits on a notably generous 4,598 sqft lot. The home features a renovated basement and a detached garage. Its recent sale history and assessed value position it as an affordable entry point into the market, particularly for its lot size and immediate area.

Key Characteristics & Appeal

This property’s primary appeal lies in its balance of value, space, and location-specific character. While the living area is compact and the home’s age is well above average, it is offset by a renovated basement and, most significantly, a land area that is larger than most on its street. This combination suggests potential for outdoor use or future expansion that isn't always available at this price point. Its assessed value is modest, even for the surrounding area, indicating a lower property tax burden.

It would suit practical, value-conscious buyers such as first-time homeowners or investors looking for a solid entry into the market without a major renovation project. The renovated basement adds functional living space, making the smaller main floor more manageable. It’s a home for someone who prioritizes land size and neighbourhood affordability over a modern, large-footprint house.

Frequently Asked Questions

1. How does the age of the home (1907) affect it?
While the structure is historic, the renovated basement shows some modernization. Buyers should budget for maintenance consistent with an older home and consider a thorough inspection for foundational and systemic updates.

2. Is the living space too small?
At 860 sqft, the main floor is compact. However, the renovated basement effectively doubles the usable living area, making the overall footprint more practical for a small household.

3. What makes the lot size a notable feature?
The lot is over 4,500 sqft, which is larger than many in East Elmwood and significantly larger than the average on Talbot Avenue itself. This provides valuable outdoor space and potential that smaller lots do not offer.

4. How does its value compare to the area?
The home’s assessed value is around average for East Elmwood but below the citywide average. This suggests the property is priced accessibly within its immediate community, offering a chance to get into the neighbourhood at a relatively lower cost.

5. What is the neighbourhood like?
East Elmwood is a mature, established neighbourhood. Talbot Avenue itself shows a mix of well-kept and modest homes, with property sizes and values that are generally consistent and affordable, offering a stable residential setting.

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