534 William Avenue

West Alexander, ਵਿਨੀਪਿਗ

Property score

53.7

Fair

Overall 53.7 · Larger but older than most nearby homes

1,780 sqft (top 17%) · Built in 1894 (27 yrs older than avg)

Located in a below-average income area with median household income of ~38.8k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 4 schools, 5 healthcare facilitys, and 7 shops nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Above average

37% larger than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Below average

27 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

53.7 is composed by the two sections below.

Property Score

62.3Fair
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ86
1,780 sqftExcellent
ਤਰੀਕ ਤੋਂ ਬਣਿਆ5
1894Low
ਜ਼ਮੀਨ38
3,169 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

40.7Low
Household Income35
Low
Education Level44
Low
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health42
Low

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

West Alexander

How to read: Share of sales in each ~$50k price band for “west alexander” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1,780 sqft
0255075100
Same streetਟਾਪ 9%Same areaਟਾਪ 17%Citywideਟਾਪ 18%
Same street · William Avenue
#32 / 365
ਟਾਪ 9% · ਔਸਤ 1,090 sqft
Same area · West Alexander
#133 / 772
ਟਾਪ 17% · ਔਸਤ 1,299 sqft
Citywide · ਵਿਨੀਪਿਗ
#34,867 / 194,458
ਟਾਪ 18% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
202k
0255075100
Same streetਟਾਪ 44%Same areaਟਾਪ 38%Citywideਹੇਠਲੇ 8%
Same street · William Avenue
#161 / 365
ਟਾਪ 44% · ਔਸਤ 204.2k
Same area · West Alexander
#297 / 772
ਟਾਪ 38% · ਔਸਤ 187.3k
Citywide · ਵਿਨੀਪਿਗ
#177,947 / 194,458
ਹੇਠਲੇ 8% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
1894
0255075100
Same streetਹੇਠਲੇ 3%Same areaਹੇਠਲੇ 9%Citywideਹੇਠਲੇ 1%

ਜ਼ਮੀਨ

ਔਸਤ
3,169 sqft
0255075100
Same streetਹੇਠਲੇ 34%Same areaਹੇਠਲੇ 40%Citywideਹੇਠਲੇ 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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

534 William Avenue — 36 amenities found within 500 m, across 7 categories, including 10 dining (nearest 139 m), 4 education (nearest 145 m), 5 healthcare (nearest 143 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

4/2022 ਵਿਚ ਵਿਕਿਆCA$200k–250k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਟਾਪ 34%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 27%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 18%
6/2016 ਵਿਚ ਵਿਕਿਆCA$150k–200k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 47%

ਉਹੀ ਇਲਾਕਾ

ਟਾਪ 50%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 9%

Related homes

ਵਿਨੀਪਿਗ 534 William Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 534 William Avenue, Winnipeg

Key Characteristics & Appeal

This home on William Avenue in West Alexander presents a distinct profile centered on space and value within an historic urban neighborhood. Its primary appeal lies in its generous 1,780 sqft living area, which ranks well above average for its street, neighborhood, and even city-wide. This suggests a property offering more interior room than most comparable homes in Winnipeg. With an assessed value around $202k, it sits comfortably within the typical range for West Alexander but stands out as a notably affordable option when viewed against the Winnipeg city-wide average of approximately $390k. This creates a value proposition: significant space for a price point that is competitive locally but well below the broader city market.

Built in 1894, the home is a true character property, older than most in its immediate area. This will suit buyers who appreciate historic charm and are prepared for the maintenance or renovation considerations that come with an older structure. The lot size is standard for the neighborhood. The recent sale history indicates steady market activity.

This property would best suit value-conscious buyers seeking above-average space in a central location, particularly those with an interest in older homes. It’s a practical choice for someone looking to enter the Winnipeg market with room to grow, or for an investor attracted to the neighborhood's established rental market, provided they are comfortable with the realities of a century-old building.

Frequently Asked Questions

1. What does the "Below Average" city-wide assessed value ranking mean?
It indicates this home's assessed value is significantly lower than the typical Winnipeg home. This is largely because West Alexander's property values are generally more affordable than the city-wide average, highlighting the neighborhood's value-oriented positioning.

2. The home is noted as older than most on the street. What should I consider?
While offering historic character, a home from 1894 will likely have older mechanical systems (like plumbing and wiring), windows, and insulation. A thorough inspection is essential to understand potential upgrade costs, energy efficiency, and maintenance needs compared to a newer build.

3. The living area is above average, but the lot size is below average city-wide. Is that typical?
Yes, for central, older neighborhoods like West Alexander. Homes here were built on smaller, urban lots compared to modern suburban developments. The trade-off is a larger interior space on a more manageable lot in a central location.

4. How reliable are the sold price ranges shown?
The provided price ranges are based on publicly available data, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site, as explained in the data notes.

5. The home sold relatively recently in 2022 and 2016. What does that suggest?
Frequent sales can indicate a desirable, liquid market in the area, but it’s worth investigating the reasons for the turnover. It could reflect typical investor activity, neighborhood churn, or other owner-specific circumstances. Reviewing the exact price history can provide clearer context.