753 Talbot Avenue

Property Summary: 753 Talbot Avenue, Winnipeg

Key Characteristics & Appeal

This 1995 bi-level home at 753 Talbot Avenue in East Elmwood offers a practical and modern foundation within a well-established neighbourhood. Its key appeal lies in its relative newness compared to most area homes, a recently renovated basement, and an efficient layout on a good-sized lot. With 998 sqft of living space, it sits right at the neighbourhood average, making it a comfortably sized home for smaller households.

The data reveals thoughtful perspectives: while the home's size is typical for East Elmwood, it is newer than approximately 93% of its local peers, suggesting potentially fewer major maintenance concerns upfront. Its assessed value ranks notably higher than average for both the street and the neighbourhood, which can indicate above-average improvements or desirability for the area. The attached garage and generous 4,637 sqft lot add practical value, offering space and convenience that can be harder to find in newer subdivisions.

This property would best suit first-time buyers, downsizers, or investors looking for a low-maintenance, move-in-ready home in a mature community. It’s ideal for those who prioritize a modern building envelope and a renovated basement over a large footprint, and who appreciate the value of a larger lot in a neighbourhood where many homes are decades older.

Frequently Asked Questions

1. How does this home’s age compare to others nearby?
It was built in 1995, which is significantly newer than most homes in East Elmwood. It ranks in the top 7% for year built in the immediate area, where the average comparable home was built in the early 1940s.

2. Is the assessed value typical for the area?
No, it’s above average. The assessed value of $31,100 ranks in the top 11% on Talbot Avenue and the top 18% in East Elmwood, suggesting the property is valued higher than most direct neighbours.

3. What does the sale history indicate?
The home last sold in March 2022 for $290,000. This sale price ranked in the top 21% for the street and top 30% for the neighbourhood at that time, reflecting a strong market position.

4. How does the lot size compare?
The lot is 4,637 sqft, which is above average for Talbot Avenue and about average for the wider East Elmwood area. It provides more outdoor space than many neighbouring properties.

5. Is the living space large for the area?
At 998 sqft, the living area is almost exactly the average for similar homes on Talbot Avenue and slightly below the East Elmwood average. It offers standard-sized accommodation for this specific community.