256 Beacon Street

West Alexander, Winnipeg

Property score

60.5

Fair

Overall 60.5 · Larger than most nearby homes

1,606 sqft (top 25%) · 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 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 4 parks nearby

Living Area

Above average

24% larger 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

60.5 is composed by the two sections below.

Property Score

58.5Fair
Living Area83
1,606 sqftExcellent
Year Built10
1907Low
Lot Size18
2,283 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

63.6Fair
Household Income70
Good
Education Level22
Low
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health42
Low

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

above average
1,606 sqft
0255075100
Same streetTop 33%Same areaTop 25%CitywideTop 25%
Same street · Beacon Street
#3 / 9
Top 33% · Avg 1,502 sqft
Same area · West Alexander
#193 / 772
Top 25% · Avg 1,299 sqft
Citywide · Winnipeg
#48,763 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
137k
0255075100
Same streetTop 44%Same areaBottom 25%CitywideBottom 2%
Same street · Beacon Street
#4 / 9
Top 44% · Avg 126.6k
Same area · West Alexander
#578 / 772
Bottom 25% · Avg 187.3k
Citywide · Winnipeg
#190,326 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetTop 33%Same areaTop 43%CitywideBottom 4%

Lot Size

around average
2,283 sqft
0255075100
Same streetBottom 44%Same areaBottom 9%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

256 Beacon Street — 8 amenities found within 500 m, across 4 categories, including 2 dining (nearest 96 m), 1 education (nearest 342 m), 1 shopping (nearest 429 m).

Search radius
🍽️Dining2
🏫Education1
🛒Shopping1
🌳Parks4

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 11/2022CA$100k–150k
Sold price

Same street

Bottom 25%

Same area

Bottom 16%

City-wide

Bottom 2%
Sold 2/2020CA$100k–150k
Sold price

Same street

Top 50%

Same area

Bottom 17%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 256 Beacon Street, Winnipeg

256 Beacon Street – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 1,606-square-foot home built in 1907, offering above-average interior space for both its West Alexander neighbourhood and Winnipeg as a whole. The assessed value is low relative to the city, at $137,000, and sits below the neighbourhood average of $187,300. The land lot is compact—2,283 square feet, which is smaller than most comparable properties on Beacon Street and significantly smaller than typical citywide lots.

The appeal here is straightforward: you get more finished living space than most comparable homes in the area, on a street where the average home is similar in age and value. The house is not undervalued in a speculative sense; rather, its modest assessment reflects the smaller lot and older construction. This property suits a buyer who prioritises indoor square footage over outdoor space, and who is comfortable with an older home in a neighbourhood where many houses date from the early 1900s. It is less suited for someone seeking a large yard or expecting significant land appreciation.

Frequently Asked Questions

1. How does the living space actually compare to other homes nearby?
On Beacon Street itself, this home ranks 3rd out of 9, meaning it’s slightly larger than the street average of 1,502 square feet. In the broader West Alexander area, it’s in the top 25% for size, so a buyer will get more interior room than most neighbouring properties.

2. The assessed value seems low—does that mean it’s a bargain?
Not necessarily. The assessment is low primarily because the lot is small and the home is older, which keep the market value down. It is ranked in the bottom 2% citywide for assessed value. For a buyer, this could mean lower property taxes, but it’s not a sign of hidden undervaluation; it matches the physical reality of the property.

3. Is the 1907 construction a problem?
The year built is typical for the street (average 1907) and slightly older than the neighbourhood average of 1921. Citywide, it’s older than 96% of homes. This likely means original materials and systems—buyers should budget for potential updates to wiring, plumbing, insulation, and foundations, which are common for homes of this era.

4. How small is the lot compared to others, really?
On Beacon Street, the lot is about average. But in West Alexander, it ranks in the bottom 9% for land area, and citywide it’s in the bottom 2%. Most homes in the city sit on lots nearly three times larger. If you want a garden, room for additions, or privacy from neighbours, this property will feel tight.

5. What’s the best reason to consider this property?
If you value interior space and want a home in a well-established older neighbourhood with a lower tax base, this could be a good fit. It is a dense, compact property—more house than land—which is unusual in a city where the opposite is common.