Property score
56.0
Fair
Overall 56.0 · Larger but older than most nearby homes
1,759 sqft (top 18%) · Built in 1903 (18 yrs older than avg)
Located in a below-average income area with median household income of ~44k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 16 dining spots, 3 schools, 7 healthcare facilitys, and 4 shops nearby
Living Area
Above average
35% larger than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 44%Tagalog · 17%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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Property score
56.0 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110075
Community deep dive
$44K
Median household income
$67K
Average household income
43%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.0
P90 / P10 ratio
31%
Single-person households
21%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
around averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
54 Lydia Street — 38 amenities found within 500 m, across 8 categories, including 16 dining (nearest 63 m), 3 education (nearest 126 m), 7 healthcare (nearest 106 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 40% | Top 32% | Bottom 15% |
54 Lydia Street · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 54 Lydia Street, Winnipeg
54 Lydia Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1903-built home with 1,759 sq. ft. of living space on a 5,135 sq. ft. lot in Winnipeg’s West Alexander neighbourhood. What stands out most is the lot size: it’s one of the largest on the street (ranked 2nd out of 7) and well above the neighbourhood average. The living area is also notably generous, ranking in the top 14% on the street and top 18% citywide for comparable homes.
The assessed value of $239,000 is a point of interest. It’s well above both the street average ($166,400) and the neighbourhood average ($187,300), but significantly below the citywide average for comparable homes ($390,100). This suggests the property is priced for its immediate context rather than broader market trends.
Age is a factor here. Built in 1903, it’s older than most homes citywide (ranking in the bottom 1% by year built) and older than the neighbourhood average of 1921. Buyers should expect character details, but also potential maintenance demands typical of early 20th-century construction.
This property would suit someone who values a large lot and generous indoor space in an established inner-city neighbourhood. It’s less ideal for buyers seeking a move-in-ready home with modern systems or those who prioritize being on par with citywide property values. A buyer comfortable with older homes and looking for room to spread out—indoors and outdoors—without paying a premium for a newer build would find this worth a closer look.
Frequently Asked Questions
1. How does this property compare to others on Lydia Street?
It has the largest living area on the street (1,759 sq. ft. vs. the street average of 1,479 sq. ft.) and the second-largest lot. It also leads the street in assessed value. In terms of age, it’s roughly average for the street, where most homes were built around 1904.
2. Is the assessed value a good deal compared to citywide averages?
The assessed value of $239,000 is below the citywide average of $390,100 for comparable homes, placing it in the bottom 15% citywide. However, it’s well above street and neighbourhood averages. Whether this is a good deal depends on whether you value the local context or broader market comparisons more.
3. What should I expect from a home built in 1903?
Older framing, plaster walls, and original details like trim or windows are likely. Systems (electrical, plumbing, insulation) may need updating or have been updated at different times. Foundation and roof age should be confirmed. This is not a “turn-key” property for most buyers.
4. How large is the lot relative to typical Winnipeg homes?
At 5,135 sq. ft., it’s about 22% smaller than the citywide average (6,570 sq. ft.) but significantly larger than the West Alexander average of 3,591 sq. ft. It ranks in the top 13% for lot size within the neighbourhood.
5. Is West Alexander a desirable neighbourhood?
West Alexander is an older, central neighbourhood with a mix of residential and commercial zoning. It’s close to downtown and major routes, but tends to have older housing stock. The property is on a quieter street (only 7 comparable homes), and its lot and living space are standout features within this pocket. Desirability depends on your tolerance for an older, denser urban environment versus newer suburban layouts.
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