Property score
41.0
Below average
Overall 41.0 · Smaller but newer than most nearby homes
694 sqft (bottom 18%) · Built in 1954 (17 yrs newer than avg)
Located in a above-average income area with median household income of ~77.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 3 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer than neighborhood avg.
Mother tongue
English · 59%Tagalog · 26%
Past 10 years Weston sales snapshot (~80% of all data)
682
202.5k
$245/sqft
1937
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Property score
41.0 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
Weston
How to read: Share of sales in each ~$50k price band for “weston” (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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110148
Community deep dive
$78K
Median household income
$83K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
12%
Single-person households
30%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
above averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
1503 Elgin Avenue W — 8 amenities found within 500 m, across 5 categories, including 1 dining (nearest 401 m), 2 education (nearest 210 m), 1 healthcare (nearest 369 m).
Crime & Safety
Weston · WPS public data · 2026
Annual incidents
66
2026
vs. city avg
+124%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Other
35%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 37% | Bottom 38% | Bottom 5% |
1503 Elgin Avenue W · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 1503 Elgin Avenue W, Winnipeg
1503 Elgin Avenue W – Property Summary
Key Characteristics & Buyer Profile
This 694 sqft home, built in 1954, sits on a 2,597 sqft lot in Winnipeg’s Weston neighbourhood. Its main appeal is affordability relative to the broader city market. The assessed value of $186,000 is near the street and neighbourhood averages, but well below the citywide median of $390,100. In other words, you’re paying significantly less than most Winnipeg homeowners, even though the property itself isn’t notably cheap for its immediate area.
The trade-off is space. The living area ranks in the bottom 20% on the street and bottom 3% citywide. The land is also compact—smaller than most lots on Elgin Avenue and well under the typical Winnipeg lot size. The house is older (1954), but that’s actually ahead of the curve on this street, where many homes date to the 1930s, and in the neighbourhood, where the average build year is 1937.
This property would suit a first-time buyer prioritizing price and location over square footage, or an investor looking for an entry-level rental in a modest but established neighbourhood. It may also appeal to someone who values a smaller home and yard for lower maintenance, rather than maximum space. The key question for a buyer is whether the below-average living area and lot size are acceptable given the below-average price.
Five Possible FAQs
1. How does this home compare to others on the street?
On Elgin Avenue, this home is typical in assessed value but smaller than most. It ranks 172nd out of 402 homes for value (top 43%) and 344th for living area (bottom 17%). It was built more recently than about three-quarters of the street’s homes.
2. Is the assessed value a good indicator of market price?
Assessed value is a rough guide, not a guarantee. This home is assessed at $186,000, close to the street and neighbourhood averages. But citywide, it’s well below the median, which suggests it’s competitively priced for buyers on a tighter budget. Market conditions and property condition will ultimately determine the sale price.
3. Why is the living area so much smaller than the city average?
This home is 694 sqft, while the citywide average for comparable homes is 1,342 sqft. That’s partly because it’s an older, more modest house in a working-class area. Many newer homes in other parts of Winnipeg are much larger. If you’re used to apartment or condo living, the size may feel normal; if you’re used to suburban homes, it will feel tight.
4. Is the small lot a problem for resale?
It depends on the buyer. The lot is 2,597 sqft, which is smaller than most on the street (average 3,608 sqft) and well below the city average (6,570 sqft). Some buyers prefer a low-maintenance yard. But if future buyers are looking for space for a garden, garage, or addition, the small lot could be a limitation.
5. What’s the neighbourhood like in terms of home ages and values?
Weston has older housing stock—most homes were built in the late 1930s, so a 1954 build is actually newer than average. Values are clustered in the mid-$180,000s, with a fairly narrow range. This isn’t a high-growth area, but it’s established and stable, with a mix of longtime residents and new owners. The compact lots and smaller homes here tend to attract buyers who aren’t looking for a “starter castle.”
Map & Street View
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