603 William Avenue

Centennial, Winnipeg

Property score

53.8

Fair

Overall 53.8 · Larger than most nearby homes

1,768 sqft (top 16%) · Built in 1904 (22 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: 16 dining spots, 4 schools, 6 healthcare facilitys, and 4 shops nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Near average

22 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

53.8 is composed by the two sections below.

Property Score

62.6Fair
Living Area1,768 sqft86Excellent
Year Built190410Low
Lot Size3,943 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

40.7Low
Household Income35Low
Education Level44Low
Housing Stress52Fair
Core Housing Need50Fair
Employment Health42Low

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
1,768 sqft
0255075100
Same streetTop 9%Same areaTop 16%CitywideTop 18%
Same street · William Avenue
#33 / 365
Top 9% · Avg 1,090 sqft
Same area · Centennial
#59 / 375
Top 16% · Avg 1,348 sqft
Citywide · Winnipeg
#35,651 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

above average
221k
0255075100
Same streetTop 34%Same areaTop 13%CitywideBottom 11%
Same street · William Avenue
#124 / 365
Top 34% · Avg 204.2k
Same area · Centennial
#49 / 375
Top 13% · Avg 167.9k
Citywide · Winnipeg
#172,179 / 194,458
Bottom 11% · Avg 390.1k

Year Built

around average
1904
0255075100
Same streetBottom 12%Same areaTop 44%CitywideBottom 1%

Lot Size

above average
3,943 sqft
0255075100
Same streetTop 35%Same areaTop 19%CitywideBottom 25%

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

603 William Avenue — 38 amenities found within 500 m, across 8 categories, including 16 dining (nearest 137 m), 4 education (nearest 131 m), 6 healthcare (nearest 359 m).

Search radius
🍽️Dining16
🏫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 10/2024CA$150k–200k
Sold price

Same street

Bottom 43%

Same area

Top 33%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 603 William Avenue, Winnipeg

Property Overview: 603 William Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1904, presents a classic character property with significant space on a standard city lot. Its primary appeal lies in its generous 1,768 sqft of living area, which is notably larger than most comparable homes in its immediate area and across Winnipeg. This offers substantial room for a growing household or for those who value spacious older home layouts. The property sits on a 3,943 sqft lot, providing decent outdoor space for the neighbourhood.

The home’s assessed value is modest relative to the city-wide average, suggesting it may be an accessible entry point into the Centennial/West Alexander area. It suits buyers looking for a project-in-waiting, as the unrenovated basement indicates room for modernization and value addition. This property is ideal for a pragmatic buyer—someone who prioritizes interior square footage and lot location over modern finishes and is prepared to invest in updates over time. Its recent sale in late 2024 provides a clear, current market benchmark for value.

Section 2: Frequently Asked Questions

1. What does "above average" living area really mean for this home?
Compared to similar homes on its street, in Centennial, and across Winnipeg, this house ranks in the top 9% to 18% for size. Simply put, you are getting significantly more interior space than most comparable properties, which is a key advantage in an older neighbourhood.

2. The house was built in 1904. Should I be concerned?
The age is a defining characteristic. It means you should budget for maintenance and updates consistent with a heritage-era home (like plumbing, wiring, or window restoration). However, the year-built ranking shows it is typical for the area, and this vintage often comes with solid construction and architectural details not found in newer builds.

3. How does the assessed value relate to the sale price?
The 2024 sale price of $180k was significantly higher than the $22,100 assessed value. This is common, as municipal assessments for tax purposes often lag behind current market values, especially following a recent sale. The sale price is the true indicator of its market worth.

4. What is the potential here?
The appeal is in the foundational metrics: a large house on a standard lot in an established neighbourhood. The unrenovated basement and the age of the home present clear opportunities to increase the property's value through strategic updates, making it a candidate for a live-in renovation project.

5. How does the lack of a garage impact daily life?
This is a standard feature for many homes in this area. Buyers should plan for street parking and consider the logistics during Winnipeg winters. The trade-off is often a more affordable entry price and a lower maintenance burden compared to a property with an older garage in need of repair.

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