Property score
40.3
Below average
Overall 40.3 · Smaller and older than most nearby homes
956 sqft (bottom 13%) · Built in 1889 (37 yrs older than avg)
Located in a average-income area with median household income of ~52.8k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 4 dining spots, 3 schools, 1 healthcare facility, and 3 shops nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
29% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Below average
37 yrs older than neighborhood avg.
Mother tongue
English · 56%Tagalog · 11%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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40.3 is composed by the two sections below.
Property Score
Community Score
Centennial
How to read: Share of sales in each ~$50k price band for “centennial” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110070
$53K
Median household income
$60K
Average household income
41%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
28%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
255 Laura Street — 20 amenities found within 500 m, across 6 categories, including 4 dining (nearest 125 m), 3 education (nearest 321 m), 1 healthcare (nearest 431 m).
Centennial · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 20% | ਹੇਠਲੇ 8% | ਹੇਠਲੇ 1% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This one-storey home at 255 Laura Street in Winnipeg's Centennial neighbourhood is defined by its historic character and its potential as a land-value proposition. Built in 1889, it is one of the older homes on its street and in the wider area. The key appeal lies in its above-average land size for the immediate locale—the 3,414 sqft lot is in the top 21% on Laura Street—paired with a very modest assessed value. The living space (956 sqft) is compact and the basement is unrenovated, indicating this is not a move-in-ready property. Its most recent sale in 2022 was for $9,900.
This property would primarily suit a specific type of buyer: those looking for a foundational investment in a central neighbourhood, willing to undertake a significant renovation or rebuild. It could also appeal to an investor seeking a low-entry-cost property with future redevelopment potential, given the lot size. It is not suited for buyers seeking a modern, turn-key home.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state, age, and modest living area. It is primarily driven by the value of the land rather than the existing structure, which is common for older homes that may require substantial updating.
2. What does the land size ranking mean for potential?
While the lot is below the Winnipeg city average, it is notably larger than many lots directly on Laura Street and in the Centennial area. This suggests potential for expansion, addition, or landscaping that might not be possible on smaller, standard lots in the same immediate vicinity.
3. Is this a heritage property?
The home was built in 1889. While this doesn't automatically confer heritage status, buyers should investigate with the City of Winnipeg to determine if there are any heritage designations or restrictions that could affect renovation or redevelopment plans.
4. The sale price in 2022 was $9,900. What does that indicate?
Such a sale price typically indicates a transaction between related parties (e.g., family transfer) or a sale "as-is, where-is" with the understanding of significant required investment. It is not representative of an arms-length market sale and should not be used as a standalone market comparison.
5. What are the immediate priorities for a new owner?
A thorough professional inspection is essential to understand the full scope of work needed, from the foundation and structure of a 135-year-old home to mechanical systems. The unrenovated basement and overall condition suggest that making the home habitable and bringing it to modern standards would be the first major project.
