Property score
63.6
Fair
Overall 63.6 · Larger but older than most nearby homes
2,343 sqft (top 3%) · Built in 1886 (40 yrs older than avg)
Located in a average-income area with median household income of ~46.8k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 27 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Above average
74% larger than neighborhood avg.
Year Built
Below average
40 yrs older than neighborhood avg.
Mother tongue
English · 57%Chinese · 2%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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63.6 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” (Detached houses (non-condo), 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: #46110071
$47K
Median household income
$61K
Average household income
40%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
45%
Single-person households
17%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
382 Elgin Avenue — 46 amenities found within 500 m, across 9 categories, including 27 dining (nearest 148 m), 2 education (nearest 178 m), 1 healthcare (nearest 361 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 35% | Top 26% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one and three-quarter storey home on Elgin Avenue is defined by its remarkable contrasts. Its key appeal lies in possessing an exceptionally large living area and a generous lot in a central neighbourhood, all at a very low municipal assessed value.
The standout feature is the 2,343 sqft of living space, which ranks in the top 1-4% when compared to homes on its street, in Centennial, and across Winnipeg. This is paired with a 6,578 sqft lot that is also significantly larger than most local properties. However, the home itself is historic, built in 1886, and the basement is noted as unrenovated. There is no garage or pool. The current assessed value is notably low, creating a substantial gap between its tax valuation and its last sale price of $200k in 2016.
This property would primarily suit a specific type of buyer: value-driven renovators or builders who see potential where others might see only cost. It’s a prime candidate for a major renovation or a complete rebuild, offering the rare combination of a large, central lot and existing square footage to work with. The low assessed value suggests significant room for improvement, making it a project for someone focused on long-term equity creation rather than move-in-ready convenience. It may also attract investors looking for land value in an established area.
Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Municipal assessments for tax purposes often lag behind market values, especially for unique properties or after significant market shifts. This gap can indicate a potential tax advantage in the short term, but buyers should base their offer on current market conditions and professional appraisals.
2. What does "one & 3/4 storey" mean for the layout?
This style typically features a main floor and a second floor where the rooms have sloped ceilings or dormers, meaning the full second story has less usable square footage than the main floor. The total living area is still very generous for the area.
3. Is the large lot size a benefit for future plans?
Absolutely. The lot is in the top tier for size locally, providing ample outdoor space and significant potential for additions, landscaping, or even future subdivision, subject to city zoning bylaws and approvals.
4. What are the main considerations with a home from 1886?
While offering character, a home of this age will likely require updates to wiring, plumbing, insulation, and the foundation to meet modern standards. The note about an unrenovated basement warrants a particularly thorough inspection for moisture and structural integrity.
5. How should I interpret the "Elite" rankings for living area alongside the "below average" rankings for year built?
This data clearly shows you are purchasing above-average space and land, but within a structure that is historically older than nearly all comparable properties. The investment thesis is centered on the underlying asset (the land and potential space) rather than the current condition of the building.
