260 Fountain Street

Centennial, Winnipeg

Property score

48.9

Below average

Overall 48.9 · Smaller than most nearby homes

1,055 sqft (bottom 23%) · Built in 1951 (25 yrs newer 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 7 parks nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

25 yrs newer 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

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Property score

48.9 is composed by the two sections below.

Property Score

48.4Low
Living Area1,055 sqft52Fair
Year Built195136Low
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
1,055 sqft
0255075100
Same streetTop 40%Same areaBottom 23%CitywideBottom 34%
Same street · Fountain Street
#2 / 5
Top 40% · Avg 1,046 sqft
Same area · Centennial
#289 / 375
Bottom 23% · Avg 1,348 sqft
Citywide · Winnipeg
#128,443 / 194,458
Bottom 34% · Avg 1,342 sqft

Tax-Assessed Value

around average
172k
0255075100
Same streetBottom 40%Same areaTop 41%CitywideBottom 5%
Same street · Fountain Street
#3 / 5
Bottom 40% · Avg 157.8k
Same area · Centennial
#152 / 375
Top 41% · Avg 167.9k
Citywide · Winnipeg
#184,791 / 194,458
Bottom 5% · Avg 390.1k

Year Built

above average
1951
0255075100
Same streetTop 20%Same areaTop 31%CitywideBottom 29%

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

260 Fountain Street — 27 amenities found within 500 m, across 5 categories, including 11 dining (nearest 38 m), 3 education (nearest 357 m), 4 shopping (nearest 299 m).

Search radius
🍽️Dining11
🏫Education3
🛒Shopping4
🌳Parks7
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 7/2024CA$150k–200k
Sold price

Same street

Top 33%

Same area

Top 36%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 260 Fountain Street, Winnipeg

Property Overview

This one-and-a-half storey home at 260 Fountain Street in Winnipeg's Centennial neighbourhood presents a straightforward opportunity centered on its land and location. Built in 1951, the 1,055 sqft house sits on a notably spacious 4,361 sqft lot, which is well above average for both the immediate street and the Centennial area. The home has an unrenovated basement and no garage. Its recent sale price and assessed value are significantly below the Winnipeg city-wide average, reflecting the home's condition and modest living space rather than its land value.

The primary appeal lies in its potential. The lot size is a standout feature for the area, offering room for expansion, gardening, or future outdoor amenities. It suits a buyer looking for an entry point into the market—perhaps a first-time homeowner, an investor, or a hands-on renovator—who is prepared to update the property and values the long-term asset of a larger plot in a mature neighbourhood. It’s less suited for those seeking a turn-key or modern home with ample finished space and built-in parking.


Frequently Asked Questions

1. Is the lot size a significant advantage?
Yes. The property ranks in the top 15% for land area within Centennial. This larger-than-average lot is a key asset, offering more privacy and flexibility than many neighbouring properties.

2. What does "below average" city-wide assessed value mean?
While the value is very low compared to the entire city, it is around average for Centennial. This indicates you are paying primarily for the location and land, with the existing house contributing less to the price.

3. Who is this property not a good fit for?
It would not suit buyers who need ample finished living space immediately, desire modern conveniences, or require off-street parking (as there is no garage).

4. The home is older; are there any positives to that?
While it requires updates, an older home like this on a large lot often has a more established streetscape with mature trees and a settled neighbourhood feel that newer subdivisions may lack.

5. How does the living area compare?
At 1,055 sqft, the living space is slightly above average for its specific street but below the average for the broader Centennial neighbourhood. This highlights the home as a compact dwelling on a generous lot.

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