Property score
46.3
Below average
Overall 46.3 · Older than most nearby homes
1,426 sqft (top 35%) · Built in 1903 (18 yrs older than avg)
Located in a below-average income area with median household income of ~42k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 13 dining spots, 3 schools, 5 healthcare facilitys, and 9 shops nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 37%Tagalog · 24%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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46.3 is composed by the two sections below.
Property Score
Community Score
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.
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: #46110073
$42K
Median household income
$61K
Average household income
38%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.9
P90 / P10 ratio
42%
Single-person households
15%
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
456 Mcdermot Avenue — 38 amenities found within 500 m, across 7 categories, including 13 dining (nearest 104 m), 3 education (nearest 222 m), 5 healthcare (nearest 224 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 44% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
456 McDermot Avenue offers 1,426 square feet of living space, which places it in the top 22% on its street and in the top third city-wide. The trade-off is a small lot: 2,243 square feet ranks near the bottom (99th percentile) on the street, and well below city averages. Built in 1903, it’s older than most homes in the area and the city as a whole. Its assessed value is notably low—$161,000—which is significantly below both the neighbourhood and city medians. The appeal lies in getting more interior space for the money, on a modest piece of land, in an older character home that likely needs some attention. This property would suit a buyer who prioritises square footage and lower entry cost over lot size and modern construction. It may also appeal to someone comfortable with a renovation project or who values the bones of a century-old home over a turnkey finish.
1. Is the low assessed value a sign of problems with the property?
Not necessarily. The assessment reflects the market’s view of the home relative to others, factoring in age, condition, and location. A low value can mean the home needs updating, but it can also mean the property is simply priced below the surrounding market. It’s worth getting an inspection to understand what’s behind the number.
2. How does the small lot affect daily life and future resale?
A 2,243 sqft lot leaves limited room for outdoor expansion—think a small yard, minimal gardening, and no space for a garage or large shed. If you want privacy or outdoor living, this may feel tight. On resale, small lots can appeal to buyers who want less upkeep, but they also tend to limit the ceiling on price appreciation compared to larger lots in the same area.
3. What are the practical considerations of a 1903 build?
Older homes often have solid construction but may come with outdated electrical, plumbing, insulation, and foundation work. You should budget for potential upgrades. On the upside, the character—high ceilings, original trim, craftsmanship—is hard to replicate in newer builds. The home has survived over a century, so it’s likely been maintained to some degree.
4. How does this property compare to other options in West Alexander for the price?
In West Alexander, the average assessed value is $187,000 and the average living area is 1,299 sqft. This home offers more square footage at a lower assessed value, which suggests you’re getting more interior space for your money than the typical property in the neighbourhood. The trade-off is the smaller lot and older age.
5. Would this property be a good investment for a rental or flip?
It could be, but with caution. The low entry cost and above-average living space make it attractive for a rental, especially if you can add value through updates. However, the small lot and older age may limit how much you can raise the rent or resale price. The best-case scenario would be a thoughtful renovation that improves the home’s condition without over-capitalising for the size of the lot.
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