Property score
45.9
Below average
Overall 45.9 · Compared with neighbourhood average
1,281 sqft (top 44%) · Built in 1903 (23 yrs older than avg)
Located in a below-average income area with median household income of ~38.8k
Transit 86.0 · 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
Near average
5% smaller than neighborhood avg.
Year Built
Near average
23 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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45.9 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
576 Elgin Avenue — 27 amenities found within 500 m, across 7 categories, including 9 dining (nearest 227 m), 3 education (nearest 148 m), 4 healthcare (nearest 283 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 9% | Bottom 21% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home on Elgin Avenue is a property defined by its potential and its position within a well-established Centennial neighbourhood. Built in 1903, it offers a generous living area of 1,281 sqft, which is notably above average for similar homes on its street. The lot size of 3,284 sqft is also solid for the immediate area, providing good outdoor space. Key features include a detached garage and a basement that is present but not renovated.
The primary appeal lies in its value as a foundational investment. With a very low assessed value and a recent sale price of $11.5k, it represents a rare entry point into the Winnipeg market, particularly for the land and the building shell. It’s not a move-in-ready home but a clear renovation or redevelopment project. This property would suit buyers such as experienced contractors looking for a flip, an investor planning a hold-and-renovate strategy, or someone seeking a long-term, sweat-equity project to build equity from the ground up. A less obvious perspective is its potential for multi-generational living plans, where the low acquisition cost allows significant budget for a custom renovation tailored to specific family needs.
Frequently Asked Questions
1. Is this a livable property in its current state?
Based on the details provided, the home likely requires substantial renovation. The mention of an unrenovated basement and the very low assessed value suggest it is not move-in ready and should be considered a project.
2. Why is the assessed value so much lower than nearby properties?
The extremely low assessed value is consistent with the home's age (1903), its unrenovated state, and its recent sale price. It reflects the property's current condition rather than the potential value of the land or a renovated home in the area.
3. What are the main considerations for a renovation project here?
Key focuses would be updating core systems (electrical, plumbing, heating), addressing any structural needs common in a 120-year-old home, and modernizing the interior. The existing above-average living space and lot size are positive starting points for a functional layout.
4. How does the property compare to the neighbourhood?
The home's living space is larger than many on its street, but its age and value are below the Centennial area averages. This indicates an opportunity to bring the property up to—or exceed—neighbourhood standards through investment.
5. Is the detached garage in good condition?
The listing confirms a detached garage exists but does not detail its condition. This would be a key point for a property inspection, as it could represent additional value, storage, or workshop space, or conversely, a repair or replacement cost.
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