Property score
24.8
Below average
Overall 24.8 · Smaller than most nearby homes
640 sqft (bottom 2%) · Built in 1903 (23 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: 7 dining spots, 2 schools, 1 healthcare facility, and 2 shops nearby
Living Area
Below average
53% smaller than neighborhood avg.
Year Built
Near average
23 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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24.8 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
567 Alexander Avenue — 19 amenities found within 500 m, across 6 categories, including 7 dining (nearest 293 m), 2 education (nearest 144 m), 1 healthcare (nearest 454 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 2% | Bottom 4% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 567 Alexander Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Centennial neighbourhood, built in 1903. Its key characteristic is its modest scale, with a 640 sqft living area and a 2,183 sqft lot, both significantly smaller than area averages. The home has an unrenovated basement and no garage. Its appeal lies primarily in its land value and potential, rather than the current structure. The very low assessed value and recent sale price point to a property that is a candidate for complete redevelopment or a substantial, ground-up renovation.
This property would suit a specific type of buyer: investors, builders, or hands-on individuals looking for an affordable entry point into the market where the value is in the lot and location. It is not a move-in-ready home. A thoughtful perspective is that this listing represents a "blank canvas" opportunity in an established area, offering the chance to build new or renovate to modern standards without the premium price of a larger lot or newer home. It may also appeal to those seeking to minimize property tax burdens relative to neighbouring homes.
Section 2: Frequently Asked Questions
1. Is this a move-in-ready home?
No. The listing notes an unrenovated basement, and the living area is quite small by modern standards. Buyers should budget for significant updates or consider the property as a redevelopment project.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the current state and size of the home. With a living area and land size well below city averages, and the age of the structure, the assessment is correspondingly lower.
3. What can I build on this lot?
Given the lot size (2,183 sqft), which is below average for the street and area, any new construction or major addition would need to comply with Winnipeg's zoning bylaws, which dictate parameters like building coverage and setbacks. It's crucial to consult the City's zoning plans early in your planning process.
4. How does the age of the home affect insurance and renovations?
A home built in 1903 may have outdated electrical, plumbing, and structural elements. This can lead to higher insurance premiums and will significantly influence renovation costs and complexity, as work will likely need to bring systems up to current code.
5. The sale history shows it sold for $7,600 in 2020. What does that indicate?
Such a low recent sale price typically indicates a transaction that was not an arms-length sale on the open market (e.g., between family members) or that the property was in a state that severely limited its market value at that time. It should not be used as a direct benchmark for its current market value.
