564 Alexander Avenue

Centennial, Winnipeg

Property score

46.7

Below average

Overall 46.7 · Larger but older than most nearby homes

1,492 sqft (top 30%) · Built in 1884 (42 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

11% larger than neighborhood avg.

Year Built

Below average

42 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

46.7 is composed by the two sections below.

Property Score

52.3Fair
Living Area75
1,492 sqftGood
Year Built5
1884Low
Lot Size28
2,617 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
1,492 sqft
0255075100
Same streetTop 6%Same areaTop 30%CitywideTop 31%
Same street · Alexander Avenue
#36 / 608
Top 6% · Avg 1,015 sqft
Same area · Centennial
#113 / 375
Top 30% · Avg 1,348 sqft
Citywide · Winnipeg
#60,173 / 194,458
Top 31% · Avg 1,342 sqft

Tax-Assessed Value

around average
139k
0255075100
Same streetBottom 26%Same areaBottom 41%CitywideBottom 2%
Same street · Alexander Avenue
#452 / 608
Bottom 26% · Avg 184.3k
Same area · Centennial
#223 / 375
Bottom 41% · Avg 167.9k
Citywide · Winnipeg
#190,055 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1884
0255075100
Same streetBottom 2%Same areaBottom 17%CitywideBottom 1%

Lot Size

around average
2,617 sqft
0255075100
Same streetTop 38%Same areaBottom 31%CitywideBottom 7%

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

564 Alexander Avenue — 20 amenities found within 500 m, across 6 categories, including 7 dining (nearest 243 m), 2 education (nearest 136 m), 1 healthcare (nearest 403 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳Parks5
Worship3

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 5/2024CA$150k–200k
Sold price

Same street

Top 48%

Same area

Top 33%

City-wide

Bottom 8%
Sold 10/2022CA$150k–200k
Sold price

Same street

Bottom 41%

Same area

Top 44%

City-wide

Bottom 5%
Sold 3/2022CA$100k–150k
Sold price

Same street

Bottom 18%

Same area

Bottom 33%

City-wide

Bottom 2%
Sold 1/2017CA$50k–100k
Sold price

Same street

Bottom 4%

Same area

Bottom 6%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 564 Alexander Avenue, Winnipeg

Property Overview

This one-and-three-quarter storey home on Alexander Avenue presents a distinctive opportunity in Winnipeg's Centennial neighbourhood. Built in 1884, it is a property defined by its historical roots and practical potential rather than modern finishes. The appeal lies in its generous 1,492 sqft living area—which is notably larger than many homes on its street—coupled with a manageable 2,617 sqft lot. It features a detached garage and a basement that is present but unrenovated. Recent sale activity suggests a market that recognizes its value as a solid, character-filled structure.

This home would suit a specific type of buyer: a hands-on renovator or investor who sees value in the existing spacious floor plan and is prepared to update the interior over time. It’s also a practical entry point into homeownership for those comfortable with a project, or for someone seeking a character home without the premium lot size or price tag of a fully restored property. A less obvious perspective is its potential as a multi-generational or shared living space, given its above-average living area for the immediate area and its straightforward, functional layout.


Frequently Asked Questions

1. What is the true condition of the home?
The data indicates the home has not been recently renovated. The basement is noted as existing but unrenovated, suggesting the overall condition is likely functional but dated. Buyers should budget for updates and plan for a thorough inspection.

2. Why is the assessed value so much lower than recent sale prices?
The assessed value is a municipal valuation for tax purposes, often lagging behind rapid market changes. The significant jump from a $16,600 sale in late 2022 to a $180,000 sale in mid-2024 indicates a market reassessment of the property's potential, likely based on its living space and lot value.

3. Is the older year of construction (1884) a concern?
It signifies a character home with history, but it requires careful attention. While it ranks as one of the older homes in the area, this also means potential for original features. A specialized inspection for foundations, wiring, and plumbing in a home of this age is essential.

4. How does the lot size compare?
At 2,617 sqft, the lot is around average for the street and neighbourhood but below average citywide. This is typical for the Centennial area and offers a manageable yard without extensive maintenance demands.

5. What does the sale history tell us about this property's market?
The rapid appreciation in sale price over two years points to a strong local demand for homes with its profile: character, space, and renovation potential in established neighbourhoods. It suggests the area is attracting buyers willing to invest in older properties.