Property score
58.1
Fair
Overall 58.1 · Newer than most nearby homes
1,238 sqft (top 49%) · Built in 1984 (58 yrs newer than avg)
Located in a average-income area with median household income of ~46.8k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 12 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Above average
58 yrs newer than neighborhood avg.
Mother tongue
English · 57%Chinese · 2%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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58.1 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: #46110071
$47K
Median household income
$61K
Average household income
40%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
45%
Single-person households
17%
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
386 Alexander Avenue — 31 amenities found within 500 m, across 7 categories, including 12 dining (nearest 120 m), 3 education (nearest 290 m), 1 healthcare (nearest 454 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 47% | Top 32% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 386 Alexander Avenue in Winnipeg's Centennial neighbourhood presents a practical opportunity. Built in 1984, it is notably newer than many homes on its street and in the wider area. Its key feature is a renovated basement, adding functional living space to the 1,238 sqft main footprint. The property sits on a 4,182 sqft lot, which is spacious for the immediate area, offering above-average outdoor space compared to local peers.
The appeal lies in its relative modernity within a historic context, the turn-key condition of the basement, and the value of its lot size. It suits first-time buyers or investors looking for a lower-entry point into the market with some immediate updates already completed. A thoughtful perspective is that while the home's assessed value is modest citywide, it is consistent with its local market, suggesting it's priced for its specific context rather than being an outlier. The data indicates you are purchasing a property that is competitive and fairly typical for its direct surroundings.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of the renovation, the materials used, and whether it includes added bedrooms, a legal suite, or simply finished living space.
2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should consider on-street parking availability and may need to budget for alternative storage solutions or the potential future addition of a shed or parking pad, subject to local bylaws.
3. The assessed value seems low. What does this mean for property taxes?
The assessed value is for municipal tax purposes and is not the market value. A lower assessment typically translates to lower annual property taxes compared to a home with a similar market price but a higher assessment, which can be a financial advantage.
4. The home is newer than its neighbours. Are there any implications?
A newer home (1984) among older ones can mean more modern construction standards, potentially fewer immediate major repairs, and different architectural style. It’s wise to check if any original components, like the roof or windows, are nearing the end of their lifespan.
5. How does the lot size compare, and what are the possibilities?
At 4,182 sqft, the lot is larger than many in the Centennial area. This provides more private outdoor space than typical and could allow for future landscaping projects, gardens, or expansions, always subject to zoning regulations and permit approvals.
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