Property Overview: 836 Talbot Avenue, East Elmwood
Key Characteristics & Appeal
This one-storey home on a 4,600 sqft lot presents a practical opportunity in Winnipeg's East Elmwood neighbourhood. Its key appeal lies in its relative size and value within its immediate context. While the 964 sqft living area is below the city-wide average, it ranks in the top 40% for Talbot Avenue and is very close to the average for the East Elmwood area, suggesting it is a comfortably sized home for this specific community. The lot size is a notable strength, ranking above average for both the street and the neighbourhood, offering more outdoor space than many nearby properties.
The home suits first-time buyers, downsizers, or practical investors looking for a solid entry into the Winnipeg market without the premium of a newer or larger city-wide property. Its renovated basement adds functional living space. A thoughtful perspective is that this property represents a "neighbourhood-standard" home—it’s not an outlier in size or assessed value on its street, which can mean predictable property taxes and a sense of fitting in. The detached garage is a practical asset. Its 1956 build date is newer than many on the street, potentially implying updates or a different construction era than the immediate pre-war neighbours.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 964 sqft, the living area is very close to the average for both Talbot Avenue and the wider East Elmwood neighbourhood, making it a typical, comfortable size for the area.
2. Is the assessed value a reliable indicator of the expected sale price?
The assessed value is $24,900. A nearby, slightly larger home at 859 Beach Avenue sold for $26,500 in early 2023, which may provide a more current market reference point.
3. What are the advantages of the lot size?
The 4,600 sqft lot is above average for both the street and East Elmwood, offering more private outdoor space than many comparable properties—a valuable feature for gardening, recreation, or future expansion.
4. Who might this property not suit?
Buyers seeking a home significantly larger than the city-wide average or a newer build may find this property below their needs. Its specs are very aligned with its established neighbourhood context.
5. What does the "renovated basement" typically mean for a home of this era?
For a 1956 one-storey home, a renovated basement often means converted additional living space, such as a family room, bedroom, or office, which effectively increases the usable area beyond the main floor square footage.