1503 Elgin Avenue W

Weston, Winnipeg

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)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

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Property score

41.0 is composed by the two sections below.

Property Score

22.8Low
Living Area694 sqft15Low
Year Built195436Low
Lot Size2,597 sqft28Low
Neighbourhood Sales Activity48Low

Community Score

68.3Good
Household Income76Good
Education Level44Low
Housing Stress100Excellent
Core Housing Need63Fair
Employment Health52Fair

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)655
Labour force participation rate61%
Median age30.2
Avg household size3.4
Unemployment rate14%
Population density5954 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households12%
Couple families with children30%
Median household income (2020)$78K

Housing

Renter households27%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)43%
Visible minority59%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 58%
Mother tongue (2nd)Tagalog · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
694 sqft
0255075100
Same streetBottom 14%Same areaBottom 18%CitywideBottom 3%
Same street · Elgin Avenue W
#344 / 402
Bottom 14% · Avg 1,113 sqft
Same area · Weston
#1,424 / 1,736
Bottom 18% · Avg 936 sqft
Citywide · Winnipeg
#187,750 / 194,458
Bottom 3% · Avg 1,342 sqft

Tax-Assessed Value

around average
186k
0255075100
Same streetTop 43%Same areaTop 42%CitywideBottom 6%
Same street · Elgin Avenue W
#172 / 402
Top 43% · Avg 189.6k
Same area · Weston
#722 / 1,736
Top 42% · Avg 184.7k
Citywide · Winnipeg
#181,891 / 194,458
Bottom 6% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 26%Same areaTop 18%CitywideBottom 33%

Lot Size

around average
2,597 sqft
0255075100
Same streetBottom 17%Same areaBottom 40%CitywideBottom 6%

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).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🌳Parks3
Worship1

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%

Full crime data for Weston →Winnipeg crime overview →

Sales History

Sold 10/2020CA$150k–200k
Sold price

Same street

Bottom 37%

Same area

Bottom 38%

City-wide

Bottom 5%

Related homes

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.”

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