548 Ross Avenue

Centennial, Winnipeg

Property score

46.8

Below average

Overall 46.8 · Smaller but newer than most nearby homes

1,050 sqft (bottom 22%) · Built in 1976 (50 yrs newer than avg)

Located in a below-average income area with median household income of ~39.2k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 4 schools, 1 healthcare facility, and 5 shops nearby

Living Area

Below average

22% smaller than neighborhood avg.

Taon ng Paggawa

Above average

50 yrs newer than neighborhood avg.

Mother tongue

English · 60%Tagalog · 9%

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

46.8 is composed by the two sections below.

Property Score

52.4Fair
Living Area52
1,050 sqftFair
Taon ng Paggawa67
1976Good
Lupa38
3,164 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

38.4Low
Household Income35
Low
Education Level34
Low
Housing Stress63
Fair
Core Housing Need50
Fair
Employment Health28
Low

Istatistika ng benta ng komunidad

Centennial

How to read: Share of sales in each ~$50k price band for “centennial” (Detached na bahay (hindi 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: #46110176

Community deep dive

$39K

Median household income

$60K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.1

P90 / P10 ratio

48%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)722
Labour force participation rate45%
Median age36.4
Avg household size2.5
Unemployment rate16%
Population density2187 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households48%
Couple families with children17%
Median household income (2020)$39K

Housing

Renter households68%
Condominium dwellings5%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority39%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Tagalog · 9%

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

Mga ranggo

Living Area

karaniwan
1,050 sqft
0255075100
Same streetTop 35%Same areaBottom 22%CitywideBottom 33%
Same street · Ross Avenue
#132 / 380
Top 35% · Avg 1,020 sqft
Same area · Centennial
#292 / 375
Bottom 22% · Avg 1,348 sqft
Citywide · Winnipeg
#129,522 / 194,458
Bottom 33% · Avg 1,342 sqft

Assessed Value

lampas sa average
237k
0255075100
Same streetTop 26%Same areaTop 9%CitywideBottom 14%
Same street · Ross Avenue
#99 / 380
Top 26% · Avg 200.4k
Same area · Centennial
#35 / 375
Top 9% · Avg 167.9k
Citywide · Winnipeg
#166,491 / 194,458
Bottom 14% · Avg 390.1k

Taon ng Paggawa

lampas sa average
1976
0255075100
Same streetTop 22%Same areaTop 25%CitywideTop 39%

Lupa

karaniwan
3,164 sqft
0255075100
Same streetTop 44%Same areaBottom 48%CitywideBottom 15%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

548 Ross Avenue — 28 amenities found within 500 m, across 6 categories, including 8 dining (nearest 112 m), 4 education (nearest 255 m), 1 healthcare (nearest 240 m).

Search radius
🍽️Dining8
🏫Education4
🏥Healthcare1
🛒Shopping5
🌳Parks6
Worship4

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%

Kasaysayan ng Benta

548 Ross Avenue: Wala kaming ipinapakitang kasaysayan ng bentahan batay lamang sa pampublikong datos; hindi ibig sabihin na walang bentahan noon. Puwede pa ring humiling sa email sa seksyong “Data notes” sa ibaba—hahanapin namin nang manu-mano at sasagutin nang may pinakamakatotohanang impormasyon.

Related homes

Mga tampok at karaniwang tanong: 548 Ross Avenue, Winnipeg

Property Overview

548 Ross Avenue is a well-maintained, one-storey home in Winnipeg's Centennial neighbourhood. Built in 1976, it sits on a larger-than-average 3,164 sqft lot. The home features 1,050 sqft of living space and includes a renovated basement and a detached garage. Its assessed value ranks highly within its immediate area, placing in the top 26% on its street and the top 9% in the neighbourhood, suggesting it is a solidly positioned property in its local market.

The appeal lies in its practicality and established setting. The renovated basement adds functional living space, while the detached garage and sizable lot offer valuable flexibility for storage, projects, or outdoor living. It suits first-time buyers looking for a move-in-ready home with room to grow, or downsizers seeking a manageable single-level layout without sacrificing yard space or storage. A thoughtful perspective is that while the home itself is average-sized, its high assessment ranking on the block indicates it is likely one of the better-kept or more improved properties in the area, offering a sense of relative value and stability.

Frequently Asked Questions

What does the high assessed value ranking mean?
It means this property’s official municipal assessment is higher than most of its immediate neighbours. This often reflects updates, additions, or overall condition compared to nearby homes, but it’s important to distinguish assessed value from market value.

Is the lot size usable?
At over 3,000 sqft, the lot is notably larger than many in urban Winnipeg. This provides a good private yard and potential for gardening, recreation, or future additions like a shed or deck, which can be rare finds in established neighbourhoods.

What is the Centennial neighbourhood like?
Centennial is a mature, central neighbourhood. It offers the convenience of older city areas with a mix of residential housing. Its established nature means well-defined streets and character, but prospective buyers should explore the specific block to gauge the setting.

Why is the living area ranked lower than the lot and assessment?
The home’s footprint (1,050 sqft) is modest relative to the lot size and its own assessed value. This highlights that the property’s value is driven significantly by its land size, renovations, and condition, rather than sheer interior square footage.

How does the detached garage impact utility?
A detached garage provides excellent storage, workshop potential, or parking protected from the elements. It also offers more design flexibility than an attached structure but requires going outdoors to access the main house.