Property score
59.2
Fair
Overall 59.2 · Larger but older than most nearby homes
3,044 sqft (top 1%) · Built in 1883 (43 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Above average
126% larger than neighborhood avg.
Year Built
Below average
43 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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59.2 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
556 Alexander Avenue — 20 amenities found within 500 m, across 6 categories, including 7 dining (nearest 225 m), 2 education (nearest 118 m), 1 healthcare (nearest 389 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 20% | Top 10% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home on Alexander Avenue is a property of notable contrasts. Its key characteristic is its substantial size, featuring over 3,000 sqft of living space on a large lot, ranking it among the very largest homes in its Centennial neighbourhood and on its street. Built in 1883, it is a true historic property, a fact reflected in its age ranking. The appeal lies in this rare combination of grand, vintage scale and a very accessible price point, as suggested by its recent sale price and assessed value. It suits a specific buyer: someone with a vision for restoration or significant updating who values generous interior space and historic character over modern finishes and conveniences. A less obvious perspective is that the low assessed value relative to its size may indicate substantial work is needed, positioning it as a long-term project for a hands-on owner or investor, rather than a move-in-ready home.
Frequently Asked Questions
1. What does the age ranking mean?
The ranking shows the home was built in 1883, making it one of the oldest not just on the street, but in all of Winnipeg. This confirms its significant historic provenance but also suggests potential considerations like outdated systems or heritage building codes.
2. If the living area is so large, why is the assessed value relatively low?
A low assessed value on a very large, historic home often reflects the property's condition rather than its potential. It typically accounts for necessary major updates to roofing, plumbing, electrical, or insulation that a modern home would already have.
3. Who is this property not well-suited for?
It is likely not suited for first-time buyers seeking low maintenance, or for those who want a modern, renovated home without a major project. The lack of a garage and basement (as noted in the details) may also be a drawback for some.
4. The home recently sold. What does the sale price indicate?
The recent sale at a price close to the assessed value suggests a market valuation that acknowledges the scale and lot size, while also factoring in the condition and renovation requirements of a 140-year-old structure.
5. How significant is the lot size?
At over 5,000 sqft, the lot is a major asset. It offers ample outdoor space, which is a rarity in the area, and provides valuable flexibility for future landscaping, expansions, or additions, subject to local zoning and heritage regulations.
