545 William Avenue

Centennial, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Newer than most nearby homes

1,302 sqft (top 42%) · Built in 2010 (84 yrs newer than avg)

Located in a below-average income area with median household income of ~38.8k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 10 dining spots, 4 schools, 4 healthcare facilitys, and 6 shops nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

84 yrs newer than neighborhood avg.

Mother tongue

English · 54%Tagalog · 3%

Past 10 years Centennial sales snapshot (~80% of all data)

Sold Count

128

Median price

215k

$/sqft

$120/sqft

Avg build year

1926

Need help understanding this property?

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

Property score

57.3 is composed by the two sections below.

Property Score

68.4Good
Living Area71
1,302 sqftGood
Year Built90
2010Excellent
Lot Size38
3,281 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

40.7Low
Household Income35
Low
Education Level44
Low
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health42
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: #46110074

Community deep dive

$39K

Median household income

$57K

Average household income

43%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

41%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)899
Labour force participation rate58%
Median age32.0
Avg household size2.5
Unemployment rate19%
Population density7491 / km²

Households & income

Low income (LIM-AT, % pop.)43%
Single-person households41%
Couple families with children14%
Median household income (2020)$39K

Housing

Renter households73%
Condominium dwellings8%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority69%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

above average
1,302 sqft
0255075100
Same streetTop 22%Same areaTop 42%CitywideTop 41%
Same street · William Avenue
#82 / 365
Top 22% · Avg 1,090 sqft
Same area · Centennial
#159 / 375
Top 42% · Avg 1,348 sqft
Citywide · Winnipeg
#80,662 / 194,458
Top 41% · Avg 1,342 sqft

Tax-Assessed Value

above average
224k
0255075100
Same streetTop 33%Same areaTop 12%CitywideBottom 12%
Same street · William Avenue
#120 / 365
Top 33% · Avg 204.2k
Same area · Centennial
#45 / 375
Top 12% · Avg 167.9k
Citywide · Winnipeg
#171,172 / 194,458
Bottom 12% · Avg 390.1k

Year Built

Elite
2010
0255075100
Same streetTop 12%Same areaTop 5%CitywideTop 11%

Lot Size

around average
3,281 sqft
0255075100
Same streetBottom 37%Same areaTop 40%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

545 William Avenue — 33 amenities found within 500 m, across 7 categories, including 10 dining (nearest 171 m), 4 education (nearest 147 m), 4 healthcare (nearest 171 m).

Search radius
🍽️Dining10
🏫Education4
🏥Healthcare4
🛒Shopping6
🌳Parks5
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 7/2021CA$250k–300k
Sold price

Same street

Top 21%

Same area

Top 5%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 545 William Avenue, Winnipeg

Property Overview: 545 William Avenue

Key Characteristics & Buyer Appeal

This two-storey home at 545 William Avenue in Winnipeg's Centennial neighbourhood presents a compelling mix of modern convenience and value. Built in 2010, its construction date is a standout feature, ranking within the top 5% of homes in Centennial for newness. This offers significant appeal for buyers seeking a property with fewer concerns about aging infrastructure, major repairs, or outdated building standards.

The home features 1,302 sqft of living space, which is above average for its immediate street, and sits on a 3,281 sqft lot. A key updated feature is its renovated basement, adding functional living space. Notably, the home lacks a private garage. Its assessed value positions it as an above-average property within Centennial, yet it remains well below the citywide average for home values, indicating a more accessible price point for the area.

This property would suit first-time buyers or practical downsizers who prioritize a newer build with move-in-ready condition over extensive square footage or luxury finishes. Its appeal lies in offering a relatively modern, low-maintenance home in an established neighbourhood without the premium price tag of newer suburban developments. A thoughtful perspective for buyers is to consider the trade-off: you gain a newer structure with likely better energy efficiency, but you forgo the classic character and larger lot sizes more common with the neighbourhood's older homes.


Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the quality of the renovation, whether it includes a proper bathroom or kitchenette, and if it has legal secondary suite potential or is designed solely as additional living space.

2. How does the lack of a garage affect daily life and resale?
The property has no private garage. Buyers should plan for street parking and consider the impact of Winnipeg winters. While some homes in the area may have garages, the newer build and renovated interior may offset this for many buyers, but it is a factor to weigh against personal needs and future marketability.

3. The assessed value seems low compared to the 2021 sale price of $260k. Why?
Municipal assessed value for tax purposes is not the same as market value and often lags behind current market trends. The 2021 sale price is a stronger indicator of its market value. The assessment suggests the property is taxed as an above-average home for Centennial, but still represents strong value citywide.

4. Is the living space sufficient for a growing family?
At 1,302 sqft, the living area is practical but not expansive. It is above average for William Avenue itself, suggesting it's a larger home on that block, but average for the broader Centennial area. Families should consider if the layout and room sizes, combined with the renovated basement space, meet their long-term needs.

5. What is the neighbourhood character like given the mix of old and new homes?
Centennial features primarily older homes, with this 2010 build being a notable exception. This can be an advantage, offering modern amenities within a mature streetscape. Buyers should visit to see if the architectural style fits their taste and to experience the vibe of a street with a diverse range of property ages and conditions.