Property score
53.8
Fair
Overall 53.8 · Larger and newer than most nearby homes
996 sqft (top 27%) · Built in 2021 (82 yrs newer than avg)
Located in a average-income area with median household income of ~55.6k
Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 3 schools, 5 parks, 1 place of worship, and 1 government office nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
82 yrs newer than neighborhood avg.
Mother tongue
English · 71%Tagalog · 7%
Past 10 years Talbot-Grey sales snapshot (~80% of all data)
410
176k
$244/sqft
1939
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53.8 is composed by the two sections below.
Property Score
Community Score
Talbot-Grey
How to read: Share of sales in each ~$50k price band for “talbot-grey” (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: #46110687
$56K
Median household income
$69K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
41%
Single-person households
15%
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
575 Talbot Avenue — 10 amenities found within 500 m, across 4 categories, including 3 education (nearest 201 m), 5 parks (nearest 279 m).
Talbot-Grey · WPS public data · 2026
Annual incidents
18
2026
vs. city avg
-39%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
56%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 1% | Top 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 575 Talbot Avenue presents a compelling mix of modern convenience and established neighborhood character. Built in 2021, it is a notably new construction in the Talbot-Grey area, where most homes are decades older. With 996 sqft of living space, it offers a comfortable, efficient layout that is above average for the immediate neighborhood but more compact compared to the Winnipeg average. The assessed value of $352k is significantly higher than most homes on the street and in the area, reflecting its new condition and desirability.
Key Characteristics & Appeal
The primary appeal of this property lies in its rarity as a new build within a mature, central neighborhood. Buyers gain the benefits of modern construction—likely including contemporary building standards, energy efficiency, and minimal immediate maintenance—without having to move to a distant new subdivision. Its value ranks in the top 3% for the Talbot-Grey area, indicating it is perceived as a premium property locally.
However, this comes with a trade-off: the lot size is below average for the street, neighborhood, and city. This suggests a more compact outdoor space, which may appeal to those seeking lower yard maintenance but could be a limitation for gardeners or those wanting extensive outdoor recreation space.
This home would ideally suit a first-time buyer, downsizer, or investor looking for a modern, low-maintenance property in a central location. It’s for someone who prioritizes the condition and systems of the home over having a large lot or expansive square footage. It represents an opportunity to own a "turn-key" newer home while still being part of a well-established community.
Frequently Asked Questions
1. Why is the assessed value so much higher than the neighborhood average?
The assessed value reflects the home's very recent construction (2021). Compared to the area's average home built in the 1930s or 1940s, this property has modern materials, systems, and fixtures, which command a premium and result in a higher valuation.
2. How does the smaller lot size impact the property?
The below-average land area means less yard space for gardening, play, or expansions like a large deck or shed. This typically translates to less outdoor maintenance, which can be a positive for some buyers, but it's an important factor to consider if private outdoor space is a priority.
3. Is the living space sufficient for a small family?
At 996 sqft, the living area is above the neighborhood average but below the city average. It can comfortably accommodate a couple or a small family, but may feel compact for those needing multiple dedicated work-from-home spaces or extensive storage. The efficient use of space in a newer build is a key advantage.
4. What does the sold price history indicate?
The home sold between $350k-$400k in late 2021. This sale at the peak of a hot market, close to its current assessed value, provides a recent benchmark. It suggests the property has held its value well in the subsequent years.
5. How can I get the exact past sale price?
The site provides sold price ranges publicly. Due to data licensing rules, exact sale prices are not displayed online. You can request the exact figures via email through the site's provided form, and they will be sent to you manually.
