54 Lydia Street

West Alexander, Winnipeg

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)

Sold Count

251

Median price

218.9k

$/sqft

$153/sqft

Avg build year

1921

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Property score

56.0 is composed by the two sections below.

Property Score

67.6Good
Living Area1,759 sqft86Excellent
Year Built190310Low
Lot Size5,135 sqft67Good
Neighbourhood Sales Activity80Good

Community Score

38.5Low
Household Income45Low
Education Level10Low
Housing Stress63Fair
Core Housing Need25Low
Employment Health52Fair

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: #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

Population (2021)519
Labour force participation rate58%
Median age35.6
Avg household size2.7
Unemployment rate8%
Population density3992 / km²

Households & income

Low income (LIM-AT, % pop.)43%
Single-person households31%
Couple families with children21%
Median household income (2020)$44K

Housing

Renter households65%
Condominium dwellings13%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)61%
Visible minority73%
Bachelor's or higher (25–64)7%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,759 sqft
0255075100
Same streetTop 14%Same areaTop 18%CitywideTop 19%
Same street · Lydia Street
#1 / 7
Top 14% · Avg 1,479 sqft
Same area · West Alexander
#141 / 772
Top 18% · Avg 1,299 sqft
Citywide · Winnipeg
#36,321 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
239k
0255075100
Same streetTop 14%Same areaTop 20%CitywideBottom 15%
Same street · Lydia Street
#1 / 7
Top 14% · Avg 166.4k
Same area · West Alexander
#151 / 772
Top 20% · Avg 187.3k
Citywide · Winnipeg
#165,734 / 194,458
Bottom 15% · Avg 390.1k

Year Built

around average
1903
0255075100
Same streetBottom 43%Same areaBottom 27%CitywideBottom 1%

Lot Size

above average
5,135 sqft
0255075100
Same streetTop 29%Same areaTop 13%CitywideBottom 49%

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).

Search radius
🍽️Dining16
🏫Education3
🏥Healthcare7
🛒Shopping4
🌳Parks3
🏦Finance1
Worship2
🏛️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 2/2022CA$200k–250k
Sold price

Same street

Top 40%

Same area

Top 32%

City-wide

Bottom 15%

Related homes

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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