461 William Avenue

Centennial, Winnipeg

Property score

50.3

Fair

Overall 50.3 · Larger but older than most nearby homes

1,710 sqft (top 18%) · Built in 1891 (35 yrs older than avg)

Located in a below-average income area with median household income of ~42k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 5 schools, 2 healthcare facilitys, and 6 shops nearby

Living Area

Above average

27% larger than neighborhood avg.

Year Built

Below average

35 yrs older than neighborhood avg.

Mother tongue

English · 37%Tagalog · 24%

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

50.3 is composed by the two sections below.

Property Score

60.4Fair
Living Area86
1,710 sqftExcellent
Year Built5
1891Low
Lot Size38
3,283 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

35.1Low
Household Income40
Low
Education Level34
Low
Housing Stress30
Low
Core Housing Need25
Low
Employment Health28
Low

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: #46110073

Community deep dive

$42K

Median household income

$61K

Average household income

38%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.9

P90 / P10 ratio

42%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)410
Labour force participation rate56%
Median age43.2
Avg household size2.6
Unemployment rate24%
Population density4555 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households42%
Couple families with children15%
Median household income (2020)$42K

Housing

Renter households74%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)67%
Visible minority85%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 36%
Mother tongue (2nd)Tagalog · 24%

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

Rankings

Living Area

above average
1,710 sqft
0255075100
Same streetTop 11%Same areaTop 18%CitywideTop 21%
Same street · William Avenue
#41 / 365
Top 11% · Avg 1,090 sqft
Same area · Centennial
#67 / 375
Top 18% · Avg 1,348 sqft
Citywide · Winnipeg
#39,930 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
194k
0255075100
Same streetTop 50%Same areaTop 28%CitywideBottom 7%
Same street · William Avenue
#184 / 365
Top 50% · Avg 204.2k
Same area · Centennial
#104 / 375
Top 28% · Avg 167.9k
Citywide · Winnipeg
#180,003 / 194,458
Bottom 7% · Avg 390.1k

Year Built

below average
1891
0255075100
Same streetBottom 3%Same areaBottom 25%CitywideBottom 1%

Lot Size

around average
3,283 sqft
0255075100
Same streetBottom 38%Same areaTop 37%CitywideBottom 16%

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

461 William Avenue — 36 amenities found within 500 m, across 7 categories, including 11 dining (nearest 104 m), 5 education (nearest 185 m), 2 healthcare (nearest 80 m).

Search radius
🍽️Dining11
🏫Education5
🏥Healthcare2
🛒Shopping6
🌳Parks8
Worship3
🏛️Government1

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 11/2023CA$200k–250k
Sold price

Same street

Top 45%

Same area

Top 20%

City-wide

Bottom 14%
Sold 6/2016CA$100k–150k
Sold price

Same street

Bottom 15%

Same area

Bottom 29%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 461 William Avenue, Winnipeg

Property Overview: 461 William Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 1891, presents a distinctive opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its generous 1,710 sqft of living space, which is notably larger than most comparable homes on its street and in the wider area. The property sits on a 3,283 sqft lot, which is a manageable size for the neighbourhood. A key characteristic is its unrenovated basement, indicating a canvas for customization.

The home suits a specific type of buyer: those seeking character and space who are prepared for a project. Its very low assessed value and recent sale price point towards a value-driven entry into the market, ideal for an investor, a hands-on renovator, or a buyer prioritizing square footage over modern finishes. A thoughtful perspective is that while the home is historically older than nearly all others in the city, this age translates into classic architecture and potential heritage charm not found in newer builds. Its value stands out most clearly within its immediate neighbourhood context, where it compares favorably in size and assessment, rather than in city-wide comparisons.


Frequently Asked Questions

1. What does "unrenovated basement" typically imply?
It means the basement space is in original or functional condition, lacking modern finishes. Buyers should budget for potential updates and anticipate a professional inspection to assess foundational and mechanical systems common in homes of this era.

2. With no garage, what are the parking options?
The property listing indicates no garage. Parking is likely limited to on-street. Buyers should verify local street parking regulations and permits with the city to understand daily convenience.

3. The assessed value is significantly lower than the city-wide average. Why?
The assessed value reflects the property's value relative to its specific market—older, densely-built neighbourhoods like Centennial. It indicates a more affordable entry point into the Winnipeg market, not necessarily a deficiency, but property taxes will also be based on this lower assessment.

4. The home is much older than average. What should I consider?
Homes from 1891 possess character but require diligent attention. Prospective buyers should prioritize inspections for structure, wiring, plumbing, and insulation. While this means potential upgrade costs, it also allows for modernizing the home to personal standards.

5. The living area is above average, but the lot is average for the street. What does this mean?
This suggests a efficient use of the property footprint, with the home offering more interior space relative to the land size. It's a plus for those wanting more house, but those prioritizing large outdoor private space may find the lot size standard for the area.