399 Elgin Avenue

Centennial, ਵਿਨੀਪਿਗ

Property score

59.4

Fair

Overall 59.4 · Larger but older than most nearby homes

2,165 sqft (top 5%) · Built in 1890 (36 yrs older than avg)

Located in a average-income area with median household income of ~46.8k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 21 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

61% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

36 yrs older than neighborhood avg.

Mother tongue

English · 57%Chinese · 2%

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

59.4 is composed by the two sections below.

Property Score

66.4Good
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ94
2,165 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ5
1890Low
ਜ਼ਮੀਨ46
3,853 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

49.0Low
Household Income50
Fair
Education Level54
Fair
Housing Stress42
Low
Core Housing Need38
Low
Employment Health52
Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

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.

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: #46110071

Community deep dive

$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

Population, labour & age

Population (2021)1,028
Labour force participation rate57%
Median age29.0
Avg household size2.3
Unemployment rate11%
Population density3115 / km²

Households & income

Low income (LIM-AT, % pop.)40%
Single-person households45%
Couple families with children17%
Median household income (2020)$47K

Housing

Renter households93%
Condominium dwellings6%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)32%
Visible minority43%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Chinese · 2%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਇਲੀਟ
2,165 sqft
0255075100
Same streetਟਾਪ 1%Same areaਟਾਪ 5%Citywideਟਾਪ 7%
Same street · Elgin Avenue
#6 / 402
ਟਾਪ 1% · ਔਸਤ 1,113 sqft
Same area · Centennial
#18 / 375
ਟਾਪ 5% · ਔਸਤ 1,348 sqft
Citywide · ਵਿਨੀਪਿਗ
#14,058 / 194,458
ਟਾਪ 7% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਉੱਪਰ
268k
0255075100
Same streetਟਾਪ 12%Same areaਟਾਪ 6%Citywideਹੇਠਲੇ 21%
Same street · Elgin Avenue
#49 / 402
ਟਾਪ 12% · ਔਸਤ 189.6k
Same area · Centennial
#23 / 375
ਟਾਪ 6% · ਔਸਤ 167.9k
Citywide · ਵਿਨੀਪਿਗ
#153,017 / 194,458
ਹੇਠਲੇ 21% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1890
0255075100
Same streetਹੇਠਲੇ 8%Same areaਹੇਠਲੇ 23%Citywideਹੇਠਲੇ 1%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਉੱਪਰ
3,853 sqft
0255075100
Same streetਟਾਪ 34%Same areaਟਾਪ 25%Citywideਹੇਠਲੇ 23%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

399 Elgin Avenue — 39 amenities found within 500 m, across 8 categories, including 21 dining (nearest 214 m), 2 education (nearest 212 m), 1 healthcare (nearest 335 m).

Search radius
🍽️Dining21
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks7
🏦Finance1
Worship2
🏛️Government1

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

9/2016 ਵਿਚ ਵਿਕਿਆCA$250k–300k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 11%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 2%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 29%

Related homes

ਵਿਨੀਪਿਗ 399 Elgin Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 399 Elgin Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its contrasts. It is a historic two-and-a-half storey home, built in 1890, situated on a generous 3,853 sqft lot in the Centennial neighbourhood. Its primary appeal lies in its exceptionally large living area (2,165 sqft), which ranks in the top 1-5% compared to nearby homes, offering substantial interior space that is rare for the area. The lot size is also above average for the immediate street and neighbourhood.

However, the home presents as a clear value-play or project opportunity. It has an unrenovated basement, no garage, and a very low municipal assessed value relative to the city-wide average. This combination suggests the property is likely in need of significant modernization. Its appeal is not in move-in-ready luxury, but in its underlying assets: vast interior space on a good-sized lot in an established area, all at a price point that allows for investment.

This home would best suit a specific type of buyer: a renovator, investor, or builder looking for a property with solid "bones" and space where the value can be added through sweat equity or redevelopment. It’s less suited for someone seeking a finished, low-maintenance home.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's current state. Given the home's age, lack of renovations, and features like an unfinished basement, the assessment reflects its condition rather than its potential after improvements.

2. Is the large living space divided into separate units?
The listing describes it as a "Two & 1/2 Storey" single-family home. The exceptional living area likely refers to the total square footage across all its floors, not separate suites, but this should be verified with a viewing.

3. What are the major immediate costs a buyer should anticipate?
Beyond any desired cosmetic updates, buyers should budget for essential systems updates common in a home of this age (plumbing, electrical, heating) and potentially significant structural or envelope repairs. The unrenovated basement may also require moisture management.

4. How does the lot size impact potential?
The above-average lot for the area provides valuable flexibility. It could accommodate additions like a garage, a large deck, or garden space. For a developer, it might allow for a subdivision or building a new home, subject to zoning.

5. The home last sold in 2016 for $27,200. What does that indicate?
This very low sale price, consistent with the current low assessment, strongly indicates the property was sold then—and likely remains today—as a land-value or major project property, not as a conventional home.