449 Alexander Avenue

Centennial, Winnipeg

Property score

49.5

Below average

Overall 49.5 · Smaller but newer than most nearby homes

919 sqft (bottom 11%) · Built in 2018 (92 yrs newer than avg)

Located in a average-income area with median household income of ~52.8k

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 3 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Below average

32% smaller than neighborhood avg.

Year Built

Above average

92 yrs newer than neighborhood avg.

Mother tongue

English · 56%Tagalog · 11%

Past 10 years Centennial sales snapshot (~80% of all data)

Sold Count

128

Median price

215k

$/sqft

$120/sqft

Avg build year

1926

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Property score

49.5 is composed by the two sections below.

Property Score

49.4Low
Living Area919 sqft42Low
Year Built201897Excellent
Lot Size2,187 sqft18Low
Neighbourhood Sales Activity42Low

Community Score

49.7Low
Household Income58Fair
Education Level44Low
Housing Stress52Fair
Core Housing Need25Low
Employment Health42Low

Neighbourhood Sales

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.

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: #46110070

Community deep dive

$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

Population, labour & age

Population (2021)581
Labour force participation rate44%
Median age29.6
Avg household size3.0
Unemployment rate7%
Population density2905 / km²

Households & income

Low income (LIM-AT, % pop.)41%
Single-person households28%
Couple families with children21%
Median household income (2020)$53K

Housing

Renter households71%
Condominium dwellings5%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)36%
Visible minority50%
Bachelor's or higher (25–64)21%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 11%

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

Rankings

Living Area

around average
919 sqft
0255075100
Same streetBottom 39%Same areaBottom 11%CitywideBottom 18%
Same street · Alexander Avenue
#370 / 608
Bottom 39% · Avg 1,015 sqft
Same area · Centennial
#334 / 375
Bottom 11% · Avg 1,348 sqft
Citywide · Winnipeg
#159,202 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
260k
0255075100
Same streetTop 13%Same areaTop 7%CitywideBottom 19%
Same street · Alexander Avenue
#78 / 608
Top 13% · Avg 184.3k
Same area · Centennial
#25 / 375
Top 7% · Avg 167.9k
Citywide · Winnipeg
#156,560 / 194,458
Bottom 19% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 4%

Lot Size

below average
2,187 sqft
0255075100
Same streetBottom 22%Same areaBottom 8%CitywideBottom 1%

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

449 Alexander Avenue — 21 amenities found within 500 m, across 6 categories, including 3 dining (nearest 200 m), 3 education (nearest 256 m), 1 healthcare (nearest 378 m).

Search radius
🍽️Dining3
🏫Education3
🏥Healthcare1
🛒Shopping4
🌳Parks8
Worship2

Crime & Safety

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%

Sales History

Sold 4/2024CA$300k–350k
Sold price

Same street

Top 14%

Same area

Top 2%

City-wide

Bottom 39%
Sold 8/2020CA$200k–250k
Sold price

Same street

Top 20%

Same area

Top 11%

City-wide

Bottom 20%

Related homes

Highlights & common questions: 449 Alexander Avenue, Winnipeg

Property Overview: 449 Alexander Avenue, Winnipeg

Key Characteristics & Appeal

This 2018-built bi-level home at 449 Alexander Avenue offers a modern living opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its contemporary construction, being newer than 97% of homes in the local area. The home features a renovated basement and a practical 919 sqft living area. While the lot size is modest for the city, it is reasonably proportioned for the street.

The property suits first-time buyers or downsizers seeking a low-maintenance, modern home without the premium of a brand-new build. Its above-average assessed value for the immediate area suggests it is perceived as a solid, updated asset within its context. A thoughtful perspective is that this home represents a balance: you acquire newer systems and finishes, avoiding the major repair concerns common with century-old neighbourhood homes, while accepting a more compact living space compared to many area properties.

Frequently Asked Questions

1. How does the lot size impact the property?
At 2,187 sqft, the lot is below the city average but is relatively typical for Alexander Avenue. This means lower exterior maintenance but may limit expansion or large landscaping projects.

2. Why is the assessed value higher than many neighbourhood homes?
The assessed value ranks well above average for both the street and Centennial, primarily reflecting the home's modern year of build (2018) and renovated condition compared to the area's generally older housing stock.

3. What does the sale history indicate?
The home sold for $300,000 in April 2024, a significant increase over its 2020 sale price of $24,100. This recent sale establishes a clear, current market value.

4. Who might this property not suit?
Buyers needing extensive square footage, multiple dedicated rooms, or a large private yard may find the proportions limiting. It is best suited for efficient living.

5. Is the lack of a garage a concern?
The property has no garage. Buyers should consider on-street parking availability and their personal storage needs, as this is a common trade-off for compact, in-fill lots in established neighbourhoods.

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