Property score
68.3
Good
Overall 68.3 · Larger and newer than most nearby homes
1,406 sqft (top 5%) · Built in 1977 (43 yrs newer than avg)
Located in a above-average income area with median household income of ~74k
Transit 82.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 2 parks, and 1 fuel station nearby
Living Area
Above average
46% larger than neighborhood avg.
Year Built
Above average
43 yrs newer than neighborhood avg.
Mother tongue
English · 54%Tagalog · 32%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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68.3 is composed by the two sections below.
Property Score
Community Score
Burrows Central
How to read: Share of sales in each ~$50k price band for “burrows central” (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: #46110168
$74K
Median household income
$80K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
24%
Single-person households
26%
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
1022 Alfred Avenue — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 355 m), 1 healthcare (nearest 379 m), 2 parks (nearest 369 m).
Burrows Central · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
46%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 1% | Top 1% | Top 46% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1977 four-level split at 1022 Alfred Avenue presents a compelling opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its strong relative value and above-average footprint compared to its immediate surroundings. The home sits on a generous 4,379 sqft lot, which is notably larger than most on its street and in the area. With 1,406 sqft of living space, it offers more room than approximately 95% of homes in Burrows Central. A key characteristic is its detached garage and existing, unrenovated basement, presenting a canvas for future customization.
The home would particularly suit value-conscious buyers looking for "more house" in a mature neighbourhood, or investors seeking a property with solid fundamentals and potential for equity growth through updates. Its standout feature is its assessed value of $310k, which ranks in the top 1% on its street and top 4% in the neighbourhood, suggesting a strong underlying property value relative to nearby homes, many of which are much older and smaller. A thoughtful perspective is that this property represents a middle ground—it's newer than most in the area, yet it retains value potential through modernization, offering a balance of established neighbourhood character and future opportunity.
Frequently Asked Questions
How does the sale price compare to the assessed value?
The home sold for $350,000 in July 2024, which is above its $310,000 assessed value. This indicates the market price exceeded the city's valuation at the time of sale.
Is the land size a major advantage here?
Yes. The lot is over 4,300 sqft, placing it in the top 11% on Alfred Avenue. This is a significant differentiator, as many neighbouring properties sit on smaller, older lots, offering more outdoor space and potential.
The basement is noted as "not renovated." What does that imply?
This means the basement is functional but in its original or older condition. It presents an opportunity to finish or update the space to modern standards, adding both living area and value, but will require investment.
How does the year built (1977) compare to nearby homes?
It is significantly newer. Many comparable listings in the area are from the early 1900s. Built in 1977, this home is in the top 9% newest on its street, potentially meaning fewer concerns associated with very old infrastructure.
What does the "Elite" ranking for assessed value in the neighbourhood mean?
It means this home's city-assessed value is higher than about 96% of homes in Burrows Central. This typically reflects a combination of its larger lot, newer age, and greater living area compared to the neighbourhood's predominantly older, smaller housing stock.
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