Property score
41.3
Below average
Overall 41.3 · Compared with neighbourhood average
1,138 sqft (bottom 39%) · Built in 1894 (32 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 80.0 · 4-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
16% smaller than neighborhood avg.
Year Built
Below average
32 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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41.3 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
588 Alexander Avenue — 19 amenities found within 500 m, across 6 categories, including 7 dining (nearest 298 m), 2 education (nearest 196 m), 1 healthcare (nearest 449 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 12% | Bottom 22% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 588 Alexander Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1894, presents a unique opportunity in Winnipeg's Centennial neighbourhood. Its primary appeal lies in its character and land value. With a living area of 1,138 sq ft, the house itself is modest but notably larger than many others on its street. The lot, at 2,618 sq ft, is a key asset, offering above-average outdoor space for the immediate area.
The property suits specific buyer types. It is a clear candidate for a land play or a significant renovation project, given its very low assessed value and unrenovated basement. It would also appeal to a value-conscious buyer seeking a character home in a central neighbourhood who is prepared to invest in updates over time. A less obvious perspective is its potential for a buyer interested in historical preservation, as a home from this era contributes to the streetscape's heritage fabric, even without formal designation.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state, age, and specific market conditions in its immediate area. It indicates the home likely requires modernization, which is factored into the valuation.
2. What does "one & 3/4 storey" mean for the layout?
This style typically features a main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled rooms with potentially lower ceilings in parts of the upper level.
3. Is the land size a significant advantage?
Yes. While average for Centennial, the lot is larger than most on Alexander Avenue itself. This provides more private outdoor space than neighbouring properties and could be a factor for future expansion, subject to zoning.
4. The home is older than most on the street. Is that a concern?
It signifies considerable character but also means prospective buyers should prioritize a thorough inspection. Systems like wiring and plumbing may need evaluation and updating, which should be factored into planning and budget.
5. How does the last sale price from 2018 relate to today's value?
The 2018 sale price is a historical data point. Current value is influenced by recent market trends, the property's condition, and comparable sales. It primarily serves to show the property has changed hands relatively recently in its long history.
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