Property score
41.6
Below average
Overall 41.6 · Compared with neighbourhood average
1,296 sqft (top 43%) · Built in 1901 (25 yrs older than avg)
Located in a below-average income area with median household income of ~36.4k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 10 dining spots, 4 schools, 1 healthcare facility, and 5 shops nearby
Living Area
Near average
4% smaller than neighborhood avg.
Year Built
Near average
25 yrs older than neighborhood avg.
Mother tongue
English · 48%Tagalog · 5%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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41.6 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: #46110072
$36K
Median household income
$40K
Average household income
52%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
43%
Single-person households
24%
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
465 Elgin Avenue — 32 amenities found within 500 m, across 7 categories, including 10 dining (nearest 165 m), 4 education (nearest 247 m), 1 healthcare (nearest 155 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 | Bottom 19% | Bottom 41% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 16% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 465 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1901, presents a classic character home opportunity in Winnipeg's Centennial neighbourhood. Its key appeal lies in its balance of space and value. With 1,296 sqft of living area, the home offers above-average interior space for its immediate street and is comfortably sized compared to many city homes. The lot, at 2,815 sqft, is typical for the area.
The property’s most striking characteristic is its significantly below-average assessed value, both for the street and citywide. This positions it as an accessible entry point into the market, likely appealing to value-conscious buyers, investors, or those seeking a character home with a manageable tax burden. The home suits a buyer comfortable with a project, as the basement exists but is noted as not renovated. There is no garage, and the home’s age means due diligence on systems and structure is essential. Its appeal is practical: it offers more interior room than many neighbouring houses at a lower cost basis, ideal for a hands-on owner who sees potential beyond surface conditions.
Section 2: Frequently Asked Questions
1. What does the below-average assessed value actually mean for me?
Primarily, it suggests a relatively lower property tax bill compared to other homes with similar living space. It often reflects the home’s condition, age, and market factors rather than just location. It’s a starting point for value, but the sale price is determined by the current market.
2. The home is 125 years old. What should I prioritize during an inspection?
Beyond standard checks, pay close attention to the foundation, original plumbing and electrical systems, and the structural integrity of the one-and-a-half storey layout. The note about an unrenovated basement warrants a thorough moisture and drainage assessment.
3. How does the lot size impact future plans?
At just under 3,000 sqft, the lot is standard for the area but below the Winnipeg average. This means expansion or addition possibilities may be limited by side-yard setbacks. It’s sufficient for a garden or deck but not for extensive outbuildings.
4. There’s no garage. How is street parking in the area?
Review the specific street section for parking restrictions. With no driveway, you’ll be reliant on street parking. Observing daily and winter parking patterns is recommended to understand convenience and any seasonal challenges.
5. The home sold for much less than its assessed value in 2022 and 2016. Why?
This typically indicates the property was sold under unique circumstances, such as a non-arms-length transaction, estate sale, or in as-is condition requiring significant investment. It highlights the importance of understanding the context of past sales, which a real estate agent can help research.
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