Property score
48.7
Below average
Overall 48.7 · Newer than most nearby homes
1,080 sqft (bottom 32%) · Built in 2006 (80 yrs newer 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: 8 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
80 yrs newer than neighborhood avg.
Mother tongue
English · 60%Tagalog · 9%
Past 10 years Centennial sales snapshot (~80% of all data)
128
215k
$120/sqft
1926
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
48.7 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
538 Alexander Avenue — 23 amenities found within 500 m, across 6 categories, including 8 dining (nearest 194 m), 2 education (nearest 92 m), 1 healthcare (nearest 361 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 | Top 39% | Top 28% | Bottom 10% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 29% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This two-storey home at 538 Alexander Avenue in Winnipeg's Centennial neighbourhood presents a practical blend of modern convenience and established community. Built in 2006, it is a notably newer construction compared to most homes on its street and in the wider area, which typically date back to the early or mid-1900s. This is a key advantage, suggesting updated building systems and potentially lower immediate maintenance needs.
The home features 1,080 sqft of living space, which is typical for the area, and sits on a 2,601 sqft lot. A renovated basement adds functional space. Notably, it lacks a private garage. Its assessed value positions it above average for its immediate vicinity but below the broader Winnipeg average, indicating it sits in a more affordable pocket of the city.
Its primary appeal lies in offering a relatively modern, low-maintenance home in a long-established neighbourhood without a premium city-wide price tag. It would suit first-time buyers or downsizers seeking a turn-key property in a mature area, as well as value-focused investors attracted by the above-average assessment for the neighbourhood and recent sales history.
Frequently Asked Questions
1. How does the 2006 build year impact this property?
Being built in 2006 is a significant standout feature. It means major components like wiring, plumbing, and the roof are decades newer than those in most neighbouring homes, reducing the risk and cost of near-term replacements common with century-old houses.
2. The assessed value seems low. What does this indicate?
While the assessed value is above average for Alexander Avenue and Centennial, it is below the Winnipeg average. This reflects the specific market values of this local area. It can indicate a more accessible entry point into homeownership, but it's wise to research recent sale prices in the immediate blocks to understand the true market value.
3. There is no garage. What are the parking options?
The property listing confirms there is no private garage. Buyers should verify on-site parking arrangements, such as a dedicated driveway or rear laneway access, and also investigate the neighbourhood's street parking regulations and typical availability.
4. The home sold for $19,500 in 2021. Does that suggest an issue?
A sale price that is a fraction of a prior sale (e.g., $190k in 2016) often indicates a non-arms-length transaction, such as a transfer between family members. It does not reflect the market value at that time. Always rely on a comparative market analysis of standard, open-market sales for valuation.
5. What is the significance of the renovated basement?
A renovated basement adds valuable finished living space, which is a strong asset in a home of this size. It's important to clarify the nature of the renovation—whether it's a legal suite (which would require verification of permits and zoning) or a finished recreational space—and to check for proper moisture control and ceiling height.
