Property score
39.4
Below average
Overall 39.4 · Older than most nearby homes
1,080 sqft (bottom 32%) · Built in 1882 (44 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
Below average
20% smaller than neighborhood avg.
Year Built
Below average
44 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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39.4 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
585 Elgin Avenue — 25 amenities found within 500 m, across 7 categories, including 8 dining (nearest 227 m), 3 education (nearest 206 m), 2 healthcare (nearest 316 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 30% | Bottom 49% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 585 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1882, presents a classic character home opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its value proposition and potential. With a modest 1,080 sqft of living space and an unrenovated basement, it is not a move-in-ready modern showpiece. Instead, it attracts attention for its below-average assessed value and its larger-than-average city lot (3,224 sqft), which offers room for expansion or outdoor projects.
The home suits specific buyer types: first-time buyers or investors looking for an entry point into the market, or hands-on owners who see value in a historic property and are prepared for a renovation project. Its recent sale price of $150k (August 2023) underscores its position as an affordable option. A thoughtful perspective for this property is to view it not just as a house, but as a parcel of land with a historic structure—its value is tied as much to the lot's possibilities and the neighbourhood's future as it is to the current condition of the home.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style in older Winnipeg homes. It typically means the second floor has sloped ceilings (following the roof line) and potentially dormer windows, creating full but sometimes cozier rooms compared to a true two-storey.
2. The assessed value is $120k, but it sold for $150k. Why the difference?
Municipal assessed value is for tax purposes and can lag behind the current market. The sale price reflects what a buyer was recently willing to pay, which can be influenced by market demand, the condition of the home, and the perceived value of the lot.
3. What are the implications of the home being built in 1882?
It offers classic charm but necessitates careful inspection. Buyers should budget for potential updates to older mechanical systems (like wiring or plumbing) and investigate the foundation and structure. Original features may exist but likely require restoration.
4. The lot is larger than average for the street. What does that allow?
The 3,224 sqft lot provides a valuable buffer of outdoor space in an established neighbourhood. This could allow for a larger garden, addition, garage, or deck than might be possible on a standard lot, offering future flexibility.
5. How does the unrenovated basement affect the living space?
An unrenovated basement typically means concrete floors and walls, with exposed mechanical systems. It provides essential utility space and storage but does not add formal living area. Finishing it would be a project that could significantly increase the home's functional space.
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