258 Fountain Street

Centennial, Winnipeg

Property score

45.2

Below average

Overall 45.2 · Smaller and older than most nearby homes

1,054 sqft (bottom 23%) · Built in 1882 (44 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: 11 dining spots, 3 schools, 4 shops, and 8 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Below average

44 yrs older than neighborhood avg.

Mother tongue

English · 56%Tagalog · 11%

Past 10 years Centennial sales snapshot (~80% of all data)

Sold Count

128

Median price

215k

$/sqft

$120/sqft

Avg build year

1926

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

45.2 is composed by the two sections below.

Property Score

42.2Low
Living Area1,054 sqft52Fair
Year Built18825Low
Lot Size4,361 sqft53Fair
Neighbourhood Sales Activity42Low

Community Score

49.7Low
Household Income58Fair
Education Level44Low
Housing Stress52Fair
Core Housing Need25Low
Employment Health42Low

Neighbourhood Sales

Centennial

How to read: Share of sales in each ~$50k price band for “centennial” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110070

Community deep dive

$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

Population, labour & age

Population (2021)581
Labour force participation rate44%
Median age29.6
Avg household size3.0
Unemployment rate7%
Population density2905 / km²

Households & income

Low income (LIM-AT, % pop.)41%
Single-person households28%
Couple families with children21%
Median household income (2020)$53K

Housing

Renter households71%
Condominium dwellings5%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 11%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,054 sqft
0255075100
Same streetBottom 40%Same areaBottom 23%CitywideBottom 34%
Same street · Fountain Street
#3 / 5
Bottom 40% · Avg 1,046 sqft
Same area · Centennial
#290 / 375
Bottom 23% · Avg 1,348 sqft
Citywide · Winnipeg
#128,529 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
139k
0255075100
Same streetBottom 20%Same areaBottom 41%CitywideBottom 2%
Same street · Fountain Street
#4 / 5
Bottom 20% · Avg 157.8k
Same area · Centennial
#223 / 375
Bottom 41% · Avg 167.9k
Citywide · Winnipeg
#190,055 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1882
0255075100
Same streetBottom 1%Same areaBottom 14%CitywideBottom 1%

Lot Size

above average
4,361 sqft
0255075100
Same streetTop 20%Same areaTop 15%CitywideBottom 31%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

258 Fountain Street — 28 amenities found within 500 m, across 5 categories, including 11 dining (nearest 48 m), 3 education (nearest 349 m), 4 shopping (nearest 289 m).

Search radius
🍽️Dining11
🏫Education3
🛒Shopping4
🌳Parks8
Worship2

Crime & Safety

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%

Sales History

Sold 6/2020CA$100k–150k
Sold price

Same street

Bottom 33%

Same area

Bottom 43%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 258 Fountain Street, Winnipeg

Property Overview & Appeal

This one-and-three-quarter storey home, built in 1882, is a character property on a notably spacious lot in Winnipeg's Centennial neighbourhood. Its key characteristics include a renovated basement, detached garage, and over 4,300 square feet of land, which is well above average for both the immediate street and the wider area. The living space of just over 1,000 square feet is modest but in line with nearby homes. The appeal lies in its rare combination of a large, private yard in an established inner-city neighbourhood and the preserved heritage of a pre-1900 build. It suits a buyer looking for a project or a downsizer seeking land over square footage—someone who values outdoor space and historic charm more than modern size and finishes. A thoughtful perspective is that the very low assessed value, while indicating affordability, also suggests the property is assessed primarily for its land, hinting at a home that may require ongoing updates or a vision to realize its full potential.

Frequently Asked Questions

1. What does the very low assessed value indicate?
It primarily reflects a municipal assessment that values the land significantly over the century-old structure. It suggests lower property taxes but is not a direct market valuation.

2. Is the renovated basement a finished living space?
The listing confirms a renovated basement, but specifics on finish quality, ceiling height, or legal suitability as living space should be verified with the seller or an inspection.

3. What are the implications of a home built in 1882?
It offers unique character but requires careful attention to aging components like wiring, plumbing, and insulation. It may also be subject to heritage considerations or guidelines.

4. How does the large lot size benefit a buyer?
Beyond privacy and garden space, it offers long-term flexibility for additions, landscaping projects, or even potential subdivision, subject to city zoning bylaws.

5. Why is the sale price from 2020 so close to the current assessed value?
The 2020 sale likely set the current assessment benchmark. In a stable market for unique, land-value properties, the assessed value can closely track a recent sale price.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.