Property score
44.4
Below average
Overall 44.4 · Compared with neighbourhood average
1,210 sqft (bottom 47%) · Built in 1893 (33 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 3 shops nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Below average
33 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
44.4 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
563 Elgin Avenue — 25 amenities found within 500 m, across 7 categories, including 8 dining (nearest 166 m), 3 education (nearest 210 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 15% | Bottom 30% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-three-quarter storey home on Elgin Avenue in Winnipeg's Centennial neighbourhood is a property defined by its potential and its position within a historic streetscape. Built in 1893, it sits on a standard city lot and offers a functional living space of approximately 1,210 square feet. Key features include a detached garage and a basement that is present but not renovated. The home’s most striking characteristic is its assessed value, which is significantly below averages for the street, neighbourhood, and city, last selling for $12,800 in 2016.
Its appeal lies primarily in its value proposition as a canvas. For a buyer with vision, it represents a rare opportunity to restore a piece of the area's architectural history or to redevelop the land in a well-established, central location. The lot size is typical for the area, offering room for expansion or landscaping. This property would suit a specific type of buyer: an investor, a developer, or a hands-on renovator looking for a foundational project with a very low entry point. It is not a move-in-ready home, but a strategic purchase for someone focused on underlying value rather than immediate comfort.
A less obvious perspective is its data profile: while the home itself ranks below average in metrics like year built and assessed value, its living area is actually slightly above average for the immediate street. This suggests the structure itself has a usable footprint, and the low valuation is tied more to its condition than its inherent size or location.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value reflects the property's current state. As the details note an unrenovated basement and a very old construction date (1893), the valuation is likely based on its condition as a fixer-upper or land value, rather than as a modernized dwelling.
2. What does "one & 3/4 storey" mean for the layout?
This style typically features a full main floor and a second floor where the roofline slopes into the walls, creating some rooms with partial, slanted ceilings. It's a classic architectural design common in older Winnipeg neighbourhoods.
3. Is this a teardown property?
While the data suggests it could be a candidate for redevelopment, that is not a given. The structure has a viable living area. The decision to renovate or rebuild would depend on a professional inspection of the foundation, framing, and overall structural integrity of the 1893 build.
4. How does the lot size compare for future plans like an addition or garage?
At 3,110 sq ft, the lot is around average for Centennial but below the city-wide average. It provides standard development space for the neighbourhood. Any significant addition or new structure would need to comply with current zoning bylaws regarding setbacks and lot coverage.
5. The sale history shows a price of $12.80k in 2016. Is that accurate?
Yes, the recorded sale price is $12,800. This extremely low figure strongly indicates a non-arms-length transaction (such as between family members) or a sale of the property "as-is, where-is" for land value, and should not be used as a standalone indicator of current market value.
