Property score
42.8
Below average
Overall 42.8 · Compared with neighbourhood average
1,178 sqft (bottom 43%) · Built in 1901 (25 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
13% smaller than neighborhood avg.
Year Built
Near average
25 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 9%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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42.8 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: #46110176
$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
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
554 Ross Avenue — 25 amenities found within 500 m, across 6 categories, including 8 dining (nearest 137 m), 3 education (nearest 256 m), 1 healthcare (nearest 260 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 18% | Bottom 40% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 23% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 554 Ross Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1901, presents a unique opportunity centered on its land and location in Centennial. The 3,209 sqft lot is a key asset, offering above-average outdoor space for the immediate area. While the 1,178 sqft living area is comfortable and ranks well for its street, the home is unrenovated, featuring a basement in original condition and a detached garage. Its assessed value is notably low, reflecting its as-is state and older construction.
The primary appeal lies in its potential. It suits a buyer looking for a footprint in a central neighbourhood, willing to undertake renovations to modernize the interior and increase the home's value. It could also attract an investor seeking a land-value play, given the significant disparity between the property's low assessed value and the average for Winnipeg. This isn't a move-in-ready home; its value is unlocked by the vision and investment of the next owner.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby properties?
The assessed value reflects the home's current, unrenovated condition and its age relative to the broader market. It indicates significant room for value growth through updates, but also suggests immediate modernization is needed.
2. What does "one-and-three-quarter storey" mean for the layout?
Typically, this style features a full main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled bedrooms with potentially lower ceiling heights in parts. It's a classic Winnipeg design.
3. The lot size is above average for the street. What are the possibilities?
Beyond gardening, the larger lot provides flexibility for future additions, a more substantial driveway, or outdoor living space. It's a relative rarity on the block that adds long-term value.
4. How significant is the fact that the home is 125 years old?
It guarantees character but requires a pragmatic inspection. While it offers timeless charm, buyers should budget for updates to older mechanical systems, insulation, and windows to improve comfort and efficiency.
5. The home last sold in 2021. What does the recent sale history suggest?
The modest increase in sale price between 2016 and 2021, coupled with the low current assessment, suggests the property has been held without major investment. This reinforces the narrative of a home awaiting modernization to reach its market potential.
