Property score
43.5
Below average
Overall 43.5 · Older than most nearby homes
1,270 sqft (top 47%) · 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 · 2-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Near average
6% 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)
128
215k
$120/sqft
1926
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43.5 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
528 Alexander Avenue — 21 amenities found within 500 m, across 6 categories, including 6 dining (nearest 181 m), 2 education (nearest 90 m), 1 healthcare (nearest 349 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 25% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
528 Alexander Avenue is a one-and-three-quarter storey home built in 1882, situated on a 2,595 sqft lot in Winnipeg's Centennial neighbourhood. Its key appeal lies in its combination of a relatively spacious living area for its locale and a very low municipal assessed value, suggesting a significant opportunity for value appreciation. The home has an unfinished basement and no garage.
Key Characteristics & Ideal Buyer
This property is defined by notable contrasts. Its 1,270 sqft living space is generous compared to other homes on Alexander Avenue, offering more room than most immediate neighbours. However, it comes with the responsibilities of a 144-year-old structure and a lot size that is modest for the city overall. The extremely low assessed value of $13,200 is its most striking feature, placing it far below Winnipeg averages. This indicates it is likely a candidate for major renovation or redevelopment.
Its appeal is primarily for value-driven buyers: renovators looking for a character home with a solid footprint to modernize, or investors considering the land value and redevelopment potential in an established neighbourhood. It suits someone comfortable with a project, whether that's a gradual renovation or a complete rebuild, and who sees opportunity in its current undervalued state. A less obvious perspective is that its age and low assessment could make it a candidate for heritage or conservation incentives, though this would require investigation. It last sold for $120,000 in April 2020.
Frequently Asked Questions
1. What does the very low assessed value mean?
A municipal assessed value this far below the city average typically reflects the home's age and condition rather than its market price. It suggests significant updates are needed and that property taxes may be relatively low, but the sale price will be determined by the market, land value, and renovation potential.
2. Is the unfinished basement a concern?
It presents both a project and an opportunity. While it will require investment to finish, it also offers a blank canvas for additional living space, utilities, or storage without the need to undo previous work.
3. Who is this house not suited for?
It is not suited for buyers seeking a move-in ready home, those unwilling to manage renovation projects, or anyone needing guaranteed modern amenities and off-street parking (as there is no garage).
4. How does the lot size impact potential?
At 2,595 sqft, the lot is around average for the street but below average for Winnipeg. This means expansion or addition possibilities may be more limited than on larger suburban lots, making efficient design and compliance with zoning bylaws crucial for any major project.
5. What should I research about a home this old?
Priorities should include a thorough inspection for structural integrity, foundation condition, wiring, plumbing, and historical designation status. Understanding any potential heritage character or conservation district guidelines would be essential before planning significant exterior changes.
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