532 William Avenue

West Alexander, Winnipeg

Property score

54.7

Fair

Overall 54.7 · Larger but older than most nearby homes

1,840 sqft (top 15%) · Built in 1890 (31 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: 10 dining spots, 4 schools, 5 healthcare facilitys, and 7 shops nearby

Living Area

Above average

42% larger than neighborhood avg.

Year Built

Below average

31 yrs older than neighborhood avg.

Mother tongue

English · 54%Tagalog · 3%

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

54.7 is composed by the two sections below.

Property Score

64.1Fair
Living Area1,840 sqft89Excellent
Year Built18905Low
Lot Size3,169 sqft38Low
Neighbourhood Sales Activity80Good

Community Score

40.7Low
Household Income35Low
Education Level44Low
Housing Stress52Fair
Core Housing Need50Fair
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: #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
1,840 sqft
0255075100
Same streetTop 8%Same areaTop 15%CitywideTop 16%
Same street · William Avenue
#28 / 365
Top 8% · Avg 1,090 sqft
Same area · West Alexander
#112 / 772
Top 15% · Avg 1,299 sqft
Citywide · Winnipeg
#30,478 / 194,458
Top 16% · Avg 1,342 sqft

Tax-Assessed Value

below average
144k
0255075100
Same streetBottom 20%Same areaBottom 29%CitywideBottom 3%
Same street · William Avenue
#292 / 365
Bottom 20% · Avg 204.2k
Same area · West Alexander
#545 / 772
Bottom 29% · Avg 187.3k
Citywide · Winnipeg
#189,420 / 194,458
Bottom 3% · Avg 390.1k

Year Built

below average
1890
0255075100
Same streetBottom 2%Same areaBottom 5%CitywideBottom 1%

Lot Size

around average
3,169 sqft
0255075100
Same streetBottom 34%Same areaBottom 40%CitywideBottom 15%

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

532 William Avenue — 36 amenities found within 500 m, across 7 categories, including 10 dining (nearest 129 m), 4 education (nearest 155 m), 5 healthcare (nearest 133 m).

Search radius
🍽️Dining10
🏫Education4
🏥Healthcare5
🛒Shopping7
🌳Parks5
Worship3
🏛️Government2

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 5/2024CA$150k–200k
Sold price

Same street

Bottom 45%

Same area

Bottom 47%

City-wide

Bottom 8%
Sold 2/2019CA$100k–150k
Sold price

Same street

Bottom 7%

Same area

Bottom 10%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 532 William Avenue, Winnipeg

532 William Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,840 sqft home on William Avenue in Winnipeg’s West Alexander neighbourhood, built in 1890 on a 3,169 sqft lot. Its standout feature is living space—it ranks in the top 8% on the street and top 16% citywide, offering significantly more interior room than most nearby homes. The assessed value, however, is low relative to the area and the city, ranking in the bottom 20% on the street and bottom 3% citywide. The lot size is close to average for the neighbourhood but small by city standards.

The appeal lies in the trade-off between generous square footage and a low price point. For buyers who prioritize interior space over land or modern finishes, this property offers more room per dollar than comparable listings. The low assessment may also signal below-market pricing, assuming the home is structurally sound. It would suit a buyer looking for a project—someone willing to invest in updates or renovation, particularly given the 1890 build date and the fact that the home is among the oldest on the street (top 98% by age). It may also appeal to those focused on square footage as a primary criteria, such as larger households or people needing room for a home business or shared living arrangement, who are flexible on other factors like lot size or curb appeal.

Five Frequently Asked Questions

1. How does the age of this home affect its value and usability?
Being built in 1890, the home is older than 98% of comparable properties on the street and 100% citywide. This means potential issues with outdated electrical, plumbing, insulation, or foundation work—but also possible character features (high ceilings, original trim) that are hard to find in newer builds. Buyers should budget for a thorough inspection and likely ongoing maintenance, but the low assessed value may already reflect these considerations.

2. Why is the assessed value so low compared to the living area?
Assessed value considers condition, location, and comparable sales, not just square footage. A home from 1890 with average land and possibly dated interiors will be valued lower than a newer or renovated home of the same size. This gap can work in a buyer’s favour if they are comfortable with the home’s current state and are not relying on immediate resale profit.

3. Is the property on a large or small lot?
The land area of 3,169 sqft is around average for William Avenue and the West Alexander neighbourhood (top 60–66%), but it is significantly smaller than the citywide average of 6,570 sqft. This is typical for older urban infill lots. If you want a large yard or future subdivision potential, this property is not a strong fit.

4. How does this home compare to others for sale nearby?
The property ranks in the top 8–16% for living area across all three geographic scopes, meaning it offers more interior space than most. Its assessed value, however, is below average in every category. So it is likely one of the largest but also one of the least expensive homes in its immediate area—an unusual combination that suggests either deferred maintenance or a pricing strategy to attract renovation-minded buyers.

5. What should I prioritize in my inspection given the data?
Focus on the age-related systems: roof, foundation, electrical, plumbing, and heating. The land area is average, so drainage and grading are less likely to be unique concerns. Given the large living area, check for layout inefficiencies or signs of unpermitted additions that could affect safety or resale. The low assessment relative to size may also indicate that previous renovations were not brought up to current code, so permits and insulation should be verified.

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