Property score
55.1
Fair
Overall 55.1 · Larger than most nearby homes
2,116 sqft (top 6%) · Built in 1903 (23 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Above average
57% larger than neighborhood avg.
Year Built
Near average
23 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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55.1 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
577 Elgin Avenue — 25 amenities found within 500 m, across 7 categories, including 8 dining (nearest 201 m), 3 education (nearest 205 m), 2 healthcare (nearest 291 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: 577 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This property is a character home built in 1903, presenting a unique blend of historic charm and practical space. Its most standout feature is its generous living area of 2,116 sqft, which ranks in the top 2% of homes on its street and the top 8% citywide, offering significantly more interior room than typical comparables. The home sits on a standard city lot of 3,431 sqft in the Centennial neighbourhood and includes a renovated basement.
The appeal lies in the rare opportunity to own a spacious, well-proportioned character home at a very accessible price point, as reflected in its assessed value. It suits a specific type of buyer: those seeking a project or a blank canvas who value interior volume and historic foundations over modern finishes. It’s ideal for a hands-on buyer, an investor looking for a value-add opportunity, or someone who prioritizes square footage within a tight budget and is prepared to invest in updates. A less obvious perspective is that its low sale price relative to its living space could make it a strategic entry into the neighbourhood, offering the chance to build equity through renovations over time.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property’s current state and recent sale price, not its potential. It reflects the home’s age, the likely need for modernization, and its specific market context in Centennial, where values differ from the broader Winnipeg average.
2. What does "renovated basement" imply?
While the basement has seen updates, the extent and quality of these renovations are not detailed. A prospective buyer should investigate the permits, scope of work, and current condition to understand what "renovated" means in this context.
3. Is the 1903 build date a concern?
It signifies a character home with history, which appeals to many, but it also necessitates careful inspection. Buyers should prioritize thorough examinations for foundational integrity, wiring, plumbing, and insulation to understand the true scope of maintenance or restoration needed.
4. Who would this property not suit?
It is likely not a match for buyers seeking a move-in-ready, modern, or low-maintenance home. The data suggests a property for which sweat equity or renovation investment is anticipated.
5. How significant is the living area size?
Exceptionally so. With over 2,100 sqft, it offers space comparable to much newer, higher-priced homes. This is the property's defining advantage, providing ample room for living, working, or creative reconfiguration that is hard to find at this price.
