55.0
Fair
Property score
55.0
Fair
Overall 55.0
Larger but older than most nearby homes
1,154 sqft (top 16%)
Built in 1905 (32 yrs older 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, 1 school, 1 healthcare facility, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
23% larger than neighborhood avg.
Year Built
Below average
32 yrs older 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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55.0 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110148
$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
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
1573 Elgin Avenue W — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 388 m), 1 education (nearest 73 m), 1 healthcare (nearest 219 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 20% | Bottom 21% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1905-built home in the Weston neighbourhood offers 1,154 sq. ft. of living space on a 3,220 sq. ft. lot. Its standout feature is the living area—above average for the neighbourhood (top 16%) but roughly average for its street and citywide. The assessed value of $144k is significantly below both street and city averages, reflecting the home’s age and likely need for updates. The lot is typical for Weston but smaller than the Winnipeg norm.
The appeal here is pragmatic: lower-than-average price point relative to the city, with interior square footage that actually outperforms many nearby homes. This isn’t a turnkey property for someone expecting modern finishes or a large yard. Instead, it suits buyers who are comfortable with an older home (the ranking confirms it’s among the oldest in the city) and who see potential in updating gradually. The location in Weston offers established streets and proximity to services, though buyers should check actual condition and renovation needs carefully—the low assessment isn’t arbitrary.
This property would best fit:
1. How do the rankings work, and what do they actually mean?
The rankings compare this property to “comparable homes” within the same street, neighbourhood, and city. A higher rank (closer to #1) means the home performs better in that category—larger living area, newer year built, higher assessed value, or bigger lot. The percentage shows what share of peers you outperform. For example, top 16% for living area in Weston means only 15% of comparable neighbourhood homes have more space.
2. Why is the assessed value so low compared to other homes nearby?
Age is a major factor. At 1905, this is one of the oldest homes in Weston and in Winnipeg overall. Assessed value reflects the city’s estimate of market value, which accounts for condition, depreciation, and outdated systems or finishes. Homes built in the 1930s or later in the same area have higher averages. A low assessment can be an advantage for property taxes but may also signal deferred maintenance.
3. Is the living area of 1,154 sq. ft. actually usable, or does it include odd spaces?
The ranking data suggests this is a straightforward comparison against similar homes, so the figure likely reflects finished, above-grade living space typical for MLS listings. That said, older homes sometimes include enclosed porches or converted rooms in their total. A viewing or floor plan review is needed to confirm layout and practicality.
4. How does the smaller-than-average lot affect future value or renovations?
A 3,220 sq. ft. lot is typical for Weston but below the Winnipeg average of 6,570 sq. ft. This limits expansion potential—adding a garage, large deck, or major addition may be tight. However, maintenance costs (lawn, fencing, snow clearing) are lower. For buyers who don’t prioritize outdoor space, it’s not a drawback; for families wanting room to grow, it may feel cramped.
5. What should I watch out for with a 1905 home in this price range?
Homes from this era often have knob-and-tube wiring, outdated plumbing (cast iron or galvanized pipes), limited insulation, and potential foundation issues. The low assessed value and age ranking (top 98% oldest citywide) suggest these may not have been fully addressed. A thorough home inspection is essential, with focus on electrical, heating, plumbing, and the condition of windows and roof. Budgeting for upgrades over the first few years is realistic.
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