Property score
47.0
Below average
Overall 47.0 · Compared with neighbourhood average
1,208 sqft (bottom 47%) · Built in 1905 (21 yrs older than avg)
Located in a average-income area with median household income of ~52.8k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Near average
10% smaller than neighborhood avg.
Year Built
Near average
21 yrs older than neighborhood avg.
Mother tongue
English · 56%Tagalog · 11%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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47.0 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: #46110070
$53K
Median household income
$60K
Average household income
41%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
28%
Single-person households
21%
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
440 Alexander Avenue — 23 amenities found within 500 m, across 6 categories, including 5 dining (nearest 201 m), 3 education (nearest 284 m), 1 healthcare (nearest 351 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 | Bottom 14% | Bottom 26% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Alexander Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, century-old home (built 1905) in Winnipeg's Centennial neighbourhood, presenting primarily as a land value opportunity. Its key characteristic is the significant disparity between its very small lot size (1,941 sq ft, ranking in the bottom 3% on its street) and its relatively generous living space (1,208 sq ft, ranking in the top 20% on its street). This suggests a compact, efficiently designed one-and-a-half storey layout on a minimal footprint. The home has an unrenovated basement and no garage.
Its appeal lies in its affordability, as evidenced by a very low assessed value, and its efficient use of interior space. It suits a specific type of buyer: those seeking an entry point into homeownership with a focus on the structure itself rather than outdoor space, or an investor looking for a low-cost rental property. It may also attract buyers interested in the character of early 1900s homes who are prepared for the maintenance that comes with an older, unrenovated basement. A less obvious perspective is that its highly efficient land-to-living-area ratio could be seen as a sustainable urban model, minimizing exterior upkeep.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based heavily on the property's very small lot size and its location within a context of similarly low-valued homes, not on the interior living space. It reflects the land's market value in this specific area.
2. What does "below average" for land area mean practically?
It means the yard is very small, especially compared to most homes in Winnipeg. Outdoor space for gardening, play, or parking is extremely limited, which is a key trade-off for the low price.
3. Is the older year of build (1905) a concern?
It indicates potential for character but also means systems like wiring, plumbing, and the foundation may be older. The unrenovated basement condition should be carefully inspected. Notably, for the Centennial neighbourhood, its age is actually around the average.
4. Who would this property not suit?
It would not suit buyers who prioritize private outdoor space, need off-street parking (there's no garage), or are unwilling to take on a home with an older, unrenovated basement that may require work.
5. The home sold for less than its assessed value in 2020. Does that matter?
The 2020 sale price is a historical data point. Market conditions and the property's state have likely changed since then. It primarily shows a history of being a low-value transaction, consistent with its overall profile.
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