Property score
59.6
Fair
Overall 59.6 · Larger but older than most nearby homes
2,068 sqft (top 6%) · Built in 1882 (44 yrs older than avg)
Located in a below-average income area with median household income of ~38.8k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 9 dining spots, 3 schools, 4 healthcare facilitys, and 3 shops nearby
Living Area
Above average
53% larger than neighborhood avg.
Year Built
Below average
44 yrs older than neighborhood avg.
Mother tongue
English · 54%Tagalog · 3%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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59.6 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: #46110074
$39K
Median household income
$57K
Average household income
43%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
41%
Single-person households
14%
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
572 Elgin Avenue — 27 amenities found within 500 m, across 7 categories, including 9 dining (nearest 210 m), 3 education (nearest 149 m), 4 healthcare (nearest 265 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 | Top 27% | Top 20% | Bottom 14% |
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 at 572 Elgin Avenue presents a unique proposition in Winnipeg's Centennial neighbourhood. Its primary appeal lies in the significant scale of both its living space and its lot, offering rare room to grow in a central location. The home itself is spacious at over 2,000 sqft, ranking in the top 2% for living area on its street. It sits on a large 6,567 sqft lot, which is in the top 4% locally. This combination suggests potential for expansion, gardening, or simply enjoying ample outdoor space close to the city core. The basement has been renovated, adding functional living space.
However, the property requires a specific vision. Built in 1882, it is notably older than most area homes, and the most recent sale price and current assessed value are considerably below city-wide averages. This profile suits a buyer looking for a project or a long-term hold—someone who values the inherent value of land and generous square footage over modern finishes, and who is prepared for the maintenance or renovation an older home may require. It’s an opportunity to shape a character home on a large parcel, appealing to hands-on owners, investors seeing land value, or families prioritizing space over turn-key condition.
Frequently Asked Questions
1. What does the assessed value being "below average" city-wide but "above average" locally indicate?
This typically means the property is valued higher than many of its immediate neighbours but is in a neighbourhood where overall property values are lower than the Winnipeg average. It highlights the importance of evaluating value within the local context.
2. The home is very old. What are the implications?
A home built in 1882 will have character but requires diligent attention to foundational, electrical, and plumbing systems. While it offers charm and history, buyers should prioritize a thorough inspection and budget for ongoing maintenance and potential updates to meet modern standards.
3. With no garage, what are the parking options?
The listing indicates no garage. Given the very large lot size, there may be potential to create off-street parking or build a garage, subject to local zoning and bylaws. Current parking is likely on-street.
4. The living area is large, but the last sale price was low. Why?
The significant discrepancy between the generous living space/lot size and the historical sale price often points to the home being in need of substantial modernization or repair. The value is likely anchored in the land and the "bones" of the structure, not in current finishes or condition.
5. Who would this property not suit?
It would not suit buyers seeking a low-maintenance, modern, or turn-key home. It is likely a poor fit for those uncomfortable with renovation projects, older home quirks, or who prioritize immediate neighbourhood comparables for resale value over long-term potential.
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