601 William Avenue

Centennial, Winnipeg

Property score

54.4

Fair

Overall 54.4 · Larger than most nearby homes

1,911 sqft (top 10%) · Built in 1905 (21 yrs older than avg)

Located in a below-average income area with median household income of ~38.8k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 14 dining spots, 4 schools, 6 healthcare facilitys, and 4 shops nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Near average

21 yrs older than neighborhood avg.

Mother tongue

English · 54%Tagalog · 3%

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

54.4 is composed by the two sections below.

Property Score

63.5Fair
Living Area92
1,911 sqftExcellent
Year Built10
1905Low
Lot Size28
2,970 sqftLow
Neighbourhood Sales Activity42
Low

Community Score

40.7Low
Household Income35
Low
Education Level44
Low
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health42
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: #46110074

Community deep dive

$39K

Median household income

$57K

Average household income

43%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

41%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)899
Labour force participation rate58%
Median age32.0
Avg household size2.5
Unemployment rate19%
Population density7491 / km²

Households & income

Low income (LIM-AT, % pop.)43%
Single-person households41%
Couple families with children14%
Median household income (2020)$39K

Housing

Renter households73%
Condominium dwellings8%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)51%
Visible minority69%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,911 sqft
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 13%
Same street · William Avenue
#22 / 365
Top 6% · Avg 1,090 sqft
Same area · Centennial
#39 / 375
Top 10% · Avg 1,348 sqft
Citywide · Winnipeg
#25,561 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
234k
0255075100
Same streetTop 28%Same areaTop 10%CitywideBottom 14%
Same street · William Avenue
#103 / 365
Top 28% · Avg 204.2k
Same area · Centennial
#38 / 375
Top 10% · Avg 167.9k
Citywide · Winnipeg
#167,591 / 194,458
Bottom 14% · Avg 390.1k

Year Built

around average
1905
0255075100
Same streetBottom 24%Same areaTop 39%CitywideBottom 2%

Lot Size

around average
2,970 sqft
0255075100
Same streetBottom 31%Same areaBottom 43%CitywideBottom 10%

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

601 William Avenue — 36 amenities found within 500 m, across 8 categories, including 14 dining (nearest 145 m), 4 education (nearest 126 m), 6 healthcare (nearest 351 m).

Search radius
🍽️Dining14
🏫Education4
🏥Healthcare6
🛒Shopping4
🌳Parks2
🏦Finance1
Worship3
🏛️Government2

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 10/2021CA$200k–250k
Sold price

Same street

Top 28%

Same area

Top 12%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 601 William Avenue, Winnipeg

Property Overview: 601 William Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a substantial two-and-a-half storey home built in 1905, offering a generous 1,911 sqft of living space on a standard city lot. Its primary appeal lies in its above-average interior size compared to most homes on its street and in the Centennial neighbourhood, providing ample room for a growing household, a home office, or creative use of space. The property features a basement, though it is noted as not renovated, and does not include a garage or pool.

The home’s assessed value is notably above average for its immediate area, suggesting it is viewed as a solid asset within its local context. It would suit a buyer looking for character and space in an established neighbourhood, who is comfortable with a home of this vintage and the potential projects that come with it—such as updating the basement. This isn't a modern, turn-key property; its value is in its foundational size and the opportunity it presents for customization over time. A thoughtful perspective is to see it as a "canvas" property: its above-average living area and assessed value within the neighbourhood provide a strong base to build upon, but it requires a vision and willingness to invest in updates.

Section 2: Frequently Asked Questions

1. What does "above average" for living area actually mean?
Compared to similar homes on William Avenue, this house is in the top 6% for interior square footage. It offers significantly more living space (1,911 sqft) than the street average (1,090 sqft), which is its most standout feature.

2. The assessed value seems low. What's the context?
The assessed value of $23,400 is above average for both the street and the Centennial neighbourhood. The city-wide average appears much higher because it includes vastly different property types and areas. Here, the assessment reflects its standing as a higher-value home within this specific, established community.

3. What should I know about the 1905 build date?
Built 121 years ago, the home is older than most on its street and in Winnipeg overall. This indicates classic construction and character, but prospective buyers should prioritize thorough inspections for systems like wiring, plumbing, and the foundation to understand any needed updates.

4. Is the lack of a garage a significant drawback?
For this area and property type, the absence of a garage is common. Buyers should consider on-street parking or the potential cost and feasibility of adding a garage or parking pad as a future project.

5. What does the unrenovated basement imply?
It means the basement is in functional, original condition. It presents both a project and an opportunity. While it will likely need investment to modernize, it also offers the chance to add significant finished space tailored to the new owner's needs, from a rec room to additional storage or a suite.