568 Alexander Avenue

Centennial, Winnipeg

Property score

49.1

Below average

Overall 49.1 · Smaller but newer than most nearby homes

1,018 sqft (bottom 18%) · Built in 2015 (89 yrs newer 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

Below average

24% smaller than neighborhood avg.

Year Built

Above average

89 yrs newer 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

49.1 is composed by the two sections below.

Property Score

56.3Fair
Living Area1,018 sqft52Fair
Year Built201594Excellent
Lot Size2,609 sqft28Low
Neighbourhood Sales Activity42Low

Community Score

38.4Low
Household Income35Low
Education Level34Low
Housing Stress63Fair
Core Housing Need50Fair
Employment Health28Low

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

around average
1,018 sqft
0255075100
Same streetTop 46%Same areaBottom 18%CitywideBottom 28%
Same street · Alexander Avenue
#279 / 608
Top 46% · Avg 1,015 sqft
Same area · Centennial
#309 / 375
Bottom 18% · Avg 1,348 sqft
Citywide · Winnipeg
#140,191 / 194,458
Bottom 28% · Avg 1,342 sqft

Tax-Assessed Value

Elite
468k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 25%
Same street · Alexander Avenue
#2 / 608
Top 1% · Avg 184.3k
Same area · Centennial
#4 / 375
Top 1% · Avg 167.9k
Citywide · Winnipeg
#49,066 / 194,458
Top 25% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 6%Same areaTop 4%CitywideTop 7%

Lot Size

around average
2,609 sqft
0255075100
Same streetTop 39%Same areaBottom 25%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

568 Alexander Avenue — 19 amenities found within 500 m, across 6 categories, including 7 dining (nearest 250 m), 2 education (nearest 144 m), 1 healthcare (nearest 409 m).

Search radius
🍽️Dining7
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳Parks4
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

568 Alexander Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 568 Alexander Avenue, Winnipeg

Property Summary: 568 Alexander Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2015, stands out as a distinctly modern property in the historic Centennial neighbourhood. Its key appeal lies in this contrast: it offers the low-maintenance benefits and contemporary systems of a newer build within a well-established area. With 1,018 sqft of living space and a 2,609 sqft lot, the home provides efficient, modern living without being oversized.

The data reveals a compelling narrative. The home is "Elite" or "above average" for its newness compared to neighbours, with most nearby homes dating back to the early or mid-1900s. This suggests significant advantages in energy efficiency, building code standards, and likely reduced immediate repair costs. The detached garage adds practical convenience. It’s important to note the basement exists but is unrenovated, presenting a blank canvas for future expansion.

The home’s assessed value is notably high for its immediate area, which typically reflects its modern construction and condition relative to the older housing stock. This property would suit a first-time buyer or downsizer seeking a move-in-ready, modern home who values the character and mature streetscapes of an older neighbourhood but wants to avoid the renovation projects common to the area. It’s a pragmatic choice for those prioritizing modern comforts over historic charm.

Frequently Asked Questions

1. What does the high assessed value relative to the neighbourhood indicate?
It primarily reflects the home’s modern construction (2015) compared to the century-old average in Centennial. It suggests the property is in excellent condition with contemporary systems, which is assessed higher than the older, often unrenovated homes surrounding it.

2. Is the lot size a pro or a con?
It depends on your priorities. At 2,609 sqft, it’s manageable and low-maintenance, which is a plus for many. However, it is below average for both the Centennial area and the city overall, so buyers seeking extensive outdoor space for gardens or recreation may find it limiting.

3. What are the implications of the "unrenovated" basement?
This means the basement is unfinished. It offers potential for future living space, storage, or a utility area, but any development would require a full renovation investment. It is not a developed living area in its current state.

4. How does the living area compare for a modern home?
At 1,018 sqft, the living space is efficient and typical for newer, thoughtfully designed homes, but it is below the average for the Centennial neighbourhood. This indicates the home likely makes good use of space but may have fewer or more compact rooms than some larger, older houses nearby.

5. Why is the year built such a standout feature here?
In a neighbourhood where most homes were built before 1940, an 11-year-old home is a rarity. This translates to newer roofing, wiring, plumbing, windows, and insulation, offering predictable operating costs and peace of mind that is uncommon in this specific location.

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