Property score
38.5
Below average
Overall 38.5 · Compared with neighbourhood average
1,188 sqft (bottom 44%) · Built in 1902 (24 yrs older than avg)
Located in a below-average income area with median household income of ~36.4k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 4 schools, 1 healthcare facility, and 5 shops nearby
Living Area
Near average
12% smaller than neighborhood avg.
Year Built
Near average
24 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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38.5 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
477 Elgin Avenue — 30 amenities found within 500 m, across 7 categories, including 8 dining (nearest 128 m), 4 education (nearest 270 m), 1 healthcare (nearest 135 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 40% | Top 45% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 477 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1902, presents a classic character home opportunity in Winnipeg's Centennial neighbourhood. Its key appeal lies in its balance of historic charm and a key modern update: a renovated basement. With 1,188 sqft of living space, it offers a practical footprint that is average for its immediate area.
The property stands out for its exceptionally low assessed value, which is significantly below the Winnipeg citywide average. This positions it as a notable entry point into the market, especially for a stand-alone house. The lot size of 2,071 sqft is modest, particularly when compared to others on Elgin Avenue, suggesting a lower-maintenance yard.
This home would suit a first-time buyer, an investor, or a downsizer seeking an affordable character property with some foundational work already completed. Its value proposition is clear: it's for the buyer who prioritizes getting into the market in a central location over having a large lot or a recently built home. A thoughtful perspective for this buyer is to see the smaller lot not just as a limitation, but as a feature that reduces upkeep costs and time, aligning with a simpler, more urban lifestyle.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects a combination of the home's age (124 years), its modest lot and living area sizes compared to citywide norms, and its location. It indicates this is a more affordable option within the Winnipeg market.
2. What does "renovated basement" likely mean for a home of this age?
While specifics aren't provided, in a 1902 home, this typically indicates essential updates have been made to the below-ground space, such as moisture control, insulation, and finishing. It's a significant advantage over an original, potentially damp cellar, adding usable living or storage space.
3. The lot is noted as being smaller than average for the street. Is that a major concern?
It depends on your needs. It limits expansive gardening or large additions but translates to less yard work. For many urban buyers, a smaller, manageable lot is a practical trade-off for affordability and location.
4. How does the recent sale price compare to the assessed value?
The home sold for $16,500 in April 2022, which was closely aligned with its assessed value at the time. This suggests the assessment is a realistic baseline, though market conditions may have shifted since that sale.
5. What should I consider about the neighbourhood given the home's age?
Centennial features many historic homes. This can mean a streetscape with character, but also that neighbouring properties may be at various stages of upkeep or renovation. It's wise to research area development plans and view the home in the context of the specific block.
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