522 Alexander Avenue

Centennial, Winnipeg

Property score

42.2

Below average

Overall 42.2 · Older than most nearby homes

1,130 sqft (bottom 38%) · Built in 1882 (44 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

16% smaller than neighborhood avg.

Year Built

Below average

44 yrs older than neighborhood avg.

Mother tongue

English · 60%Tagalog · 9%

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

42.2 is composed by the two sections below.

Property Score

44.8Low
Living Area60
1,130 sqftFair
Year Built5
1882Low
Lot Size38
3,204 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

38.4Low
Household Income35
Low
Education Level34
Low
Housing Stress63
Fair
Core Housing Need50
Fair
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: #46110176

Community deep dive

$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

Population, labour & age

Population (2021)722
Labour force participation rate45%
Median age36.4
Avg household size2.5
Unemployment rate16%
Population density2187 / km²

Households & income

Low income (LIM-AT, % pop.)38%
Single-person households48%
Couple families with children17%
Median household income (2020)$39K

Housing

Renter households68%
Condominium dwellings5%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)38%
Visible minority39%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 59%
Mother tongue (2nd)Tagalog · 9%

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

Rankings

Living Area

above average
1,130 sqft
0255075100
Same streetTop 27%Same areaBottom 38%CitywideBottom 43%
Same street · Alexander Avenue
#166 / 608
Top 27% · Avg 1,015 sqft
Same area · Centennial
#233 / 375
Bottom 38% · Avg 1,348 sqft
Citywide · Winnipeg
#110,983 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

below average
74k
0255075100
Same streetBottom 1%Same areaBottom 4%CitywideBottom 1%
Same street · Alexander Avenue
#604 / 608
Bottom 1% · Avg 184.3k
Same area · Centennial
#360 / 375
Bottom 4% · Avg 167.9k
Citywide · Winnipeg
#194,268 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1882
0255075100
Same streetBottom 1%Same areaBottom 14%CitywideBottom 1%

Lot Size

above average
3,204 sqft
0255075100
Same streetTop 30%Same areaTop 49%CitywideBottom 15%

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

522 Alexander Avenue — 19 amenities found within 500 m, across 6 categories, including 3 dining (nearest 175 m), 2 education (nearest 94 m), 1 healthcare (nearest 342 m).

Search radius
🍽️Dining3
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks7
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 11/2024CA$100k–150k
Sold price

Same street

Bottom 7%

Same area

Bottom 12%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 522 Alexander Avenue, Winnipeg

Property Overview & Appeal

This one-and-three-quarter storey home, built in 1882, is defined by its historic character and its significant lot size. At 1,130 sqft, the living space is notably above average for similar homes on its street. The property's primary standout feature is its 3,204 sqft land area, which ranks in the top 30% on Alexander Avenue, offering ample outdoor space in a central neighbourhood. It has a basement, but it is not renovated, and there is no garage or pool.

The appeal here is largely for a specific buyer: someone seeking a project with a focus on land value and heritage. The extremely low assessed value and recent sale price reflect a home requiring substantial modernization. Its charm lies in its potential, its generous lot for the area, and its place as one of the older homes in Winnipeg. This would suit an investor, a hands-on renovator looking for a character home, or a buyer whose priority is securing a large parcel of land in Centennial, with the understanding that the structure itself demands significant investment and vision.

Frequently Asked Questions

1. Why is the assessed value so much lower than the sale price?
The assessed value is typically for tax purposes and can lag behind market values, especially for older homes that have not been recently renovated. The sale price reflects what a buyer was willing to pay in the current market, likely factoring in the land value and the home's potential.

2. What does "one & 3/4 storey" mean for the layout?
This style typically features a main floor and a second floor where the ceilings slope with the roofline, meaning full-height walls are only in the center of the upper rooms. It offers classic charm but requires thoughtful design to maximize the space effectively.

3. The home is among the oldest on the street. What should I consider?
While full of character, a home from 1882 will likely have outdated mechanical systems (plumbing, wiring, heating) and may require foundational or structural updates. A thorough inspection is essential to understand the scope and priority of needed repairs.

4. The lot is larger than average for the street. What are the advantages?
A larger lot provides more privacy, expanded outdoor living or gardening space, and greater potential for additions, a detached garage, or other landscaping projects not possible on a standard-sized lot in the same area.

5. The basement is noted as "not renovated." What are the likely conditions?
This typically indicates an unfinished or partially finished space with original stone or concrete walls and floors. It may be suitable for storage or laundry, but making it a comfortable living area would require significant work, including addressing potential moisture control and ceiling height.