Property score
45.9
Below average
Overall 45.9 · Compared with neighbourhood average
1,203 sqft (bottom 45%) · 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: 15 dining spots, 6 schools, 6 healthcare facilitys, and 2 shops nearby
Living Area
Near average
11% 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
642 Elgin Avenue — 39 amenities found within 500 m, across 8 categories, including 15 dining (nearest 59 m), 6 education (nearest 246 m), 6 healthcare (nearest 393 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 38% | Top 28% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 642 Elgin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Elgin Avenue in the Centennial neighbourhood presents a practical opportunity with a mix of historic character and modern updates. Its key features include a renovated basement and a detached garage, situated on a standard city lot. Built in 1903, the home offers a modest living space of just over 1,200 sqft.
The appeal lies in its position as a relatively affordable entry point into the Winnipeg market, particularly within its immediate area where its assessed value is around the local average. The renovated basement adds functional living space and is a significant plus. This property would suit a first-time buyer, an investor, or a downsizer looking for a low-maintenance footprint without a major renovation project. A thoughtful perspective for the right buyer is appreciating the established, tree-lined streets of an older neighbourhood and the potential to personalize a home that already has foundational upgrades in place.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, permits, and moisture control should be verified by a buyer's inspection. It represents added liveable space but understanding its exact condition is crucial.
2. How does the age of the home (1903) affect it?
While the home has historic charm, a building from 1903 will likely have older wiring, plumbing, and insulation. The renovated basement is a positive, but a thorough inspection focusing on these core systems is highly recommended to understand future maintenance needs.
3. The assessed value seems low. Why is that?
The assessed value is for municipal tax purposes and is not the market value. The home last sold in late 2021 for $19,500, which is a more relevant recent benchmark. Market value is determined by current local sales and buyer demand.
4. Is the lot size a pro or a con?
At 3,404 sqft, the lot is very typical for the Centennial area and offers a manageable yard. It's not oversized, which minimizes upkeep, but also means limited room for expansion or large outdoor amenities compared to suburban lots.
5. What is the neighbourhood like?
Centennial is a mature, central neighbourhood. The data shows the home's metrics (like lot and living area) are generally around average for this specific area, indicating it's a typical home for the community. Prospective buyers should visit at different times to gauge traffic, noise, and overall street appeal.
