Property score
44.1
Below average
Overall 44.1 · Compared with neighbourhood average
1,240 sqft (top 49%) · Built in 1907 (19 yrs older than avg)
Located in a below-average income area with median household income of ~39.2k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 8 dining spots, 3 schools, 2 shops, and 6 parks nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
19 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
44.1 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
650 Alexander Avenue — 20 amenities found within 500 m, across 5 categories, including 8 dining (nearest 310 m), 3 education (nearest 339 m), 2 shopping (nearest 438 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 7% | Bottom 12% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 650 Alexander Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1907, presents a practical opportunity in Winnipeg's Centennial neighbourhood. Its key appeal lies in its balance of historic charm and updated utility, underscored by a renovated basement. With 1,240 sqft of living space, the home offers above-average roominess for its immediate street and is situated on a 2,606 sqft lot.
The property’s strongest suit is its value proposition. It recently sold for $100k, a price point significantly below both city and many local averages. This makes it a notable entry point into the market. It would suit a first-time buyer, an investor looking for a rental property, or a hands-on individual who appreciates a home with character and is comfortable with the maintenance considerations of an older structure. The appeal is grounded in practicality rather than luxury—it’s a home with functional space and modernized essentials (the basement), offered at an accessible price in an established area.
A less obvious perspective: The home’s age (1907) places it well below the average year-built for its street, which could mean it possesses unique architectural details lost in later builds. Conversely, its very low assessed value suggests it’s viewed as a foundational property, offering the new owner a chance to build equity through care and incremental updates.
Section 2: Frequently Asked Questions
1. What does "renovated basement" typically include?
While specifics should be verified, a listing noting a renovated basement generally indicates finished living space, likely with updated flooring, walls, and lighting. It’s important to check the quality of the renovation, ensure it meets code, and confirm whether it’s damp-proofed, as moisture can be a concern in older homes.
2. With no garage, what are the parking options?
The property has no garage. Parking would be dependent on on-street permits. Buyers should confirm availability and any associated costs or restrictions with the city.
3. The sale price is far below the city's average assessed value. Why?
Assessed value is for municipal tax purposes and doesn't always equal market value. The sale price reflects the market's valuation of this specific, older home with its lot size and location. It indicates the home is likely priced as a "value-add" or entry-level property.
4. How does the age of the home affect insurance and maintenance?
Homes from 1907 often have higher insurance premiums due to factors like older electrical or plumbing systems. Maintenance can also be more frequent and potentially costly. A thorough inspection is crucial to understand the condition of the roof, foundation, and major systems.
5. Is the land size a pro or a con?
At 2,606 sqft, the lot is smaller than the Winnipeg average but is quite typical for the Centennial area. It provides manageable outdoor space for a garden or patio with less upkeep than a large yard, but offers limited potential for expansions like a large addition or a future garage, subject to zoning.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
