252 Sherman Street

West Alexander, Winnipeg

Property score

49.4

Below average

Overall 49.4 · Compared with neighbourhood average

1,091 sqft (bottom 38%) · Built in 1907 (14 yrs older than avg)

Located in a above-average income area with median household income of ~68.5k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 4 dining spots, 1 school, 4 parks, and 1 place of worship nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Near average

14 yrs older than neighborhood avg.

Mother tongue

English · 61%Tagalog · 10%

Past 10 years West Alexander sales snapshot (~80% of all data)

Sold Count

251

Median price

218.9k

$/sqft

$153/sqft

Avg build year

1921

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Property score

49.4 is composed by the two sections below.

Property Score

39.9Low
Living Area1,091 sqft52Fair
Year Built190710Low
Lot Size2,270 sqft18Low
Neighbourhood Sales Activity80Good

Community Score

63.6Fair
Household Income70Good
Education Level22Low
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

Neighbourhood Sales

West Alexander

How to read: Share of sales in each ~$50k price band for “west alexander” (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: #46110174

Community deep dive

$69K

Median household income

$69K

Average household income

21%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

18%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)442
Labour force participation rate48%
Median age34.0
Avg household size3.2
Unemployment rate13%
Population density526 / km²

Households & income

Low income (LIM-AT, % pop.)21%
Single-person households18%
Couple families with children18%
Median household income (2020)$69K

Housing

Renter households54%
Condominium dwellings0%
Median dwelling value (owners)$170K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority30%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 61%
Mother tongue (2nd)Tagalog · 10%

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

Rankings

Living Area

around average
1,091 sqft
0255075100
Same streetTop 47%Same areaBottom 38%CitywideBottom 39%
Same street · Sherman Street
#8 / 17
Top 47% · Avg 1,059 sqft
Same area · West Alexander
#477 / 772
Bottom 38% · Avg 1,299 sqft
Citywide · Winnipeg
#119,347 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

above average
196k
0255075100
Same streetTop 18%Same areaTop 43%CitywideBottom 8%
Same street · Sherman Street
#3 / 17
Top 18% · Avg 134.1k
Same area · West Alexander
#329 / 772
Top 43% · Avg 187.3k
Citywide · Winnipeg
#179,502 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetTop 35%Same areaTop 43%CitywideBottom 4%

Lot Size

below average
2,270 sqft
0255075100
Same streetBottom 12%Same areaBottom 8%CitywideBottom 2%

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

252 Sherman Street — 10 amenities found within 500 m, across 4 categories, including 4 dining (nearest 98 m), 1 education (nearest 187 m), 4 parks (nearest 166 m).

Search radius
🍽️Dining4
🏫Education1
🌳Parks4
Worship1

Crime & Safety

West Alexander · WPS public data · 2026

Annual incidents

132

2026

vs. city avg

+347%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

64%

Sales History

Sold 2/2024CA$200k–250k
Sold price

Same street

Top 20%

Same area

Top 19%

City-wide

Bottom 21%

Related homes

Highlights & common questions: 252 Sherman Street, Winnipeg

252 Sherman Street – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,091 sqft home built in 1907, located on Sherman Street in the West Alexander neighbourhood of Winnipeg. The property sits on a 2,270 sqft lot.

What stands out: The assessed value is noticeably strong relative to others on the same street—ranked 3rd out of 17 homes, at $196k versus the street average of $134.1k. This suggests the house has been well-maintained or updated in ways that aren't captured by living area alone. The living area is slightly above the street average but below the neighbourhood and citywide averages, which is typical for an older inner-city home. The land area is small, even by local standards, ranking near the bottom on the street and neighbourhood. The year built (1907) is older than most nearby homes, and significantly older than the citywide average.

Who it would suit: Buyers who value character, older construction, and a location with established streets and mature surroundings—over a large yard or modern floor plan. This could appeal to someone looking for a starter home or a renovation project in a central area, as long as they're comfortable with a compact lot and an older building. Investors might also take interest if the assessed value suggests room for appreciation or rental potential, though the small lot limits expansion.


Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
On Sherman Street, this home's assessed value is well above average—$196k vs. $134k—but it's only slightly above the West Alexander neighbourhood average of $187k. Citywide, it's far below the $390k median, which reflects the older, more modest housing stock in this part of Winnipeg.

2. Is the living area considered small or typical for this neighbourhood?
It's close to the street average (1,059 sqft) but below the neighbourhood average (1,299 sqft) and citywide average (1,342 sqft). For the area, it's a slightly smaller-than-average home, but not unusually so.

3. Why is the land area so much smaller than other properties?
The lot is 2,270 sqft, which is smaller than most on Sherman Street (average 2,446 sqft) and much smaller than the West Alexander average (3,591 sqft). This is common for older homes built on narrow lots in inner-city neighbourhoods. If outdoor space matters, this property may feel constrained.

4. What does the year built tell me about this home's condition or character?
Built in 1907, it's older than most homes on the street (average 1913) and in the neighbourhood (average 1921). Older homes often have solid construction, high ceilings, and unique details, but may also come with maintenance needs like updated wiring, plumbing, or insulation. A home inspection is especially important here.

5. How does this property rank overall in Winnipeg?
It's in the bottom tier citywide for land area (top 98%), and the bottom 4% for year built (top 96%). However, its assessed value ranks in the top 8% citywide, which is unusual for a home of this size and age. That suggests the property holds value well relative to its physical footprint.

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