Property score
49.6
Below average
Overall 49.6 · Smaller than most nearby homes
807 sqft (bottom 26%) · Built in 1955 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~80k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
2 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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49.6 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
998 Beach Avenue — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 495 m), 1 education (nearest 408 m), 5 parks (nearest 164 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 30% | Bottom 38% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 998 Beach Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a standard-sized lot in East Elmwood presents a straightforward, low-maintenance living option. Its key characteristic is its modest 807 sqft living area, which is notably compact compared to many area homes. This is balanced by a recently renovated basement, adding functional space. The detached garage and a lot size just over 4,500 sqft offer practical utility and outdoor potential for the neighbourhood.
The appeal lies in its affordability and simplicity. With an assessed value consistently around the average for its immediate area, it represents an accessible entry point into the Winnipeg market. It suits first-time buyers seeking a manageable property without a major renovation project, downsizers looking to reduce space and upkeep, or pragmatic investors interested in a stable, no-frills rental property. A thoughtful perspective is that its smaller-than-average living space, while a limitation for some, translates directly to lower heating costs and less interior maintenance—a tangible financial benefit year-round.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. At 807 sqft, the above-ground living area is smaller than most comparable homes in East Elmwood and across Winnipeg. The renovated basement provides additional usable space to offset this.
2. What is the neighbourhood like?
East Elmwood is a mature, established community. The property's metrics (like year built and lot size) are very typical for the area, indicating it fits right into the fabric of this long-standing neighbourhood.
3. How does the assessed value compare?
The assessed value is unremarkable in the best sense—it sits firmly around the average for both Beach Avenue and the wider East Elmwood area, suggesting the property is priced in line with local norms and not overvalued.
4. Was the last sale price typical?
The home sold in 2019 for significantly less than its current assessed value. This is not unusual given market appreciation over time, but it's a point for discussion with a real estate professional regarding current valuation.
5. What are the less obvious considerations?
Consider the long-term utility of the detached garage and the generous lot for the area. While the house is compact, the property layout offers flexibility for storage, a workshop, or future landscaping projects that a larger home on a smaller lot might not.
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