Property score
25.1
Below average
Overall 25.1 · Smaller than most nearby homes
610 sqft (bottom 1%) · Built in 1899 (27 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 dining spots, 2 schools, 1 healthcare facility, and 4 shops nearby
Living Area
Below average
55% smaller than neighborhood avg.
Year Built
Near average
27 yrs older than neighborhood avg.
Mother tongue
English · 60%Tagalog · 9%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
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25.1 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: #46110176
$39K
Median household income
$60K
Average household income
38%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.1
P90 / P10 ratio
48%
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
520 Alexander Avenue — 19 amenities found within 500 m, across 6 categories, including 3 dining (nearest 173 m), 2 education (nearest 98 m), 1 healthcare (nearest 338 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 7% | Bottom 12% | Bottom 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 5% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 520 Alexander Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Alexander Avenue in Centennial is a property defined by its potential and its position within a historic neighbourhood. Built in 1899, it is one of the older homes on the street, offering a tangible connection to Winnipeg's past. With 610 square feet of living space and an unrenovated basement, the house itself is compact and requires modernization. There is no garage, and the lot is a manageable 2,642 sqft—smaller than many in the city but fairly typical for the immediate area.
The primary appeal lies in its value as a land play or a foundational project. The assessed value is notably low, which can translate to lower property taxes, making it a low-cost entry point into the market. It suits a specific type of buyer: an investor looking for a hold property, a hands-on renovator seeking a blank canvas, or someone primarily interested in securing a lot in a central neighbourhood without the premium of a turn-key home. A less obvious perspective is its potential as a multi-generational or helper suite component, given its size and separate entrance potential, should a larger principal property be established on the lot in the future.
Section 2: Frequently Asked Questions
1. What is the true focus of this listing?
The data suggests the value is overwhelmingly in the land. The living area is among the smallest in the city, and the home has not been renovated. This presents itself as a redevelopment opportunity or a long-term investment in the neighbourhood.
2. How does the lot size compare?
The land area is around average for Alexander Avenue and the Centennial neighbourhood, but it is below average for Winnipeg as a whole. This indicates you are purchasing a typically-sized lot for this specific, established area.
3. What does the sale history indicate?
The home sold for $100,000 in March 2022, a significant increase from its $8,300 sale price in 2016. This sharp appreciation likely reflects rising land values in the area over that period, not substantial improvements to the dwelling itself.
4. Is the low assessed value a positive?
It can be. A lower assessed value generally results in lower annual property taxes, which improves holding costs for an investor or renovator during a project phase. It is not typically indicative of a recent municipal assessment of the property's market value.
5. What should I consider about the neighbourhood context?
The provided comparable properties show a mix of very old, small homes and significantly larger, renovated ones on the same street. This indicates a neighbourhood in transition, where property values may be influenced more by redevelopment potential and less by the existing structures.
