Property score
44.1
Below average
Overall 44.1 · Smaller but newer than most nearby homes
852 sqft (bottom 26%) · Built in 1952 (27 yrs newer than avg)
Located in a above-average income area with median household income of ~64k
Transit 82.0 · 6-min walk to transit with 6 nearby routes · Within 500m: 1 school, 4 parks, and 1 place of worship nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Above average
27 yrs newer than neighborhood avg.
Mother tongue
English · 78%Tagalog · 2%
Past 10 years Glenelm sales snapshot (~80% of all data)
367
261.1k
$330/sqft
1925
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44.1 is composed by the two sections below.
Property Score
Community Score
Glenelm
How to read: Share of sales in each ~$50k price band for “glenelm” (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: #46110680
$64K
Median household income
$71K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
20%
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
40 Talbot Avenue — 6 amenities found within 500 m, across 3 categories, including 1 education (nearest 444 m), 4 parks (nearest 213 m).
Glenelm · WPS public data · 2026
Annual incidents
13
2026
vs. city avg
-56%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
69%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 18% | Top 22% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 40 Talbot Avenue, Glenelm
Key Characteristics & Appeal
This one-storey home in the Glenelm neighborhood presents a practical and value-oriented opportunity. Its key characteristic is a renovated basement, adding functional living space to the 852 sqft main floor. The detached garage offers additional storage or workshop potential. Built in 1952, the home is notably newer than many in the historic Glenelm area, which may suggest fewer concerns related to the age of core systems compared to its peers.
The appeal lies in its strong value proposition within its immediate context. The assessed value is well above average for both Talbot Avenue and the Glenelm area, indicating that municipal assessment recognizes a premium relative to nearby properties. This, combined with the renovated basement, suggests the home has been updated. However, the living space is modest, below the neighborhood average, making it a more compact footprint.
This property would suit first-time buyers or downsizers seeking an established neighborhood character without the extreme upkeep that can come with Glenelm's older housing stock. It’s a pragmatic choice for someone who values location and a move-in-ready basement over sheer square footage. The lot size is smaller than average on its street, which translates to less yard maintenance—a perk for some, a drawback for others.
Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
While the assessed value ($30.50k) is used for property tax calculation and is high for the area, market sale prices are determined by current buyer demand. The last recorded sale in 2021 was in the $27.5k-$30.5k range, providing a recent benchmark.
2. How does the home's size compare to others?
At 852 sqft of living area, the home is below the average for both Glenelm (1,165 sqft) and Winnipeg overall. It offers efficient, compact living rather than spaciousness.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the space (e.g., recreational room, suite, additional bedrooms).
4. The home is newer than most in Glenelm. Is that an advantage?
A 1952 build date is newer than the neighborhood average (1925), which can be an advantage in terms of potentially updated wiring, plumbing, or foundation standards compared to much older homes. It retains the neighborhood charm but may have undergone fewer major renovations over its lifetime.
5. How does the lot size impact the property?
The 3,497 sqft lot is below average for Talbot Avenue. This means a smaller yard, which reduces maintenance but also limits outdoor space for gardening, play, or expansion. The proximity to neighboring homes is likely closer.
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