Property score
46.0
Below average
Overall 46.0 · Older than most nearby homes
1,012 sqft (bottom 31%) · Built in 1903 (18 yrs older than avg)
Located in a average-income area with median household income of ~62k
Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 11 dining spots, 3 schools, 5 parks, and 1 place of worship nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 46%Tagalog · 15%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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46.0 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: #46110175
$62K
Median household income
$73K
Average household income
24%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
21%
Single-person households
23%
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
723 Pacific Avenue — 20 amenities found within 500 m, across 4 categories, including 11 dining (nearest 341 m), 3 education (nearest 77 m), 5 parks (nearest 128 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 | Top 45% | Bottom 49% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,012-square-foot home built in 1903 on a 2,589-square-foot lot in Winnipeg’s West Alexander neighbourhood. Its assessed value is $197,000.
The property’s appeal lies in its affordability relative to citywide benchmarks. While the home is smaller than average and sits on a below-average lot, its assessed value ranks in the top 8% citywide for low cost—meaning it’s priced well below most comparable homes in Winnipeg. On its own street, it’s around the middle of the pack: slightly above-average size and value, but older than most neighbours.
The year built (1903) places it among the oldest homes citywide. This will appeal to buyers who appreciate character, solid pre-war construction, and a mature neighbourhood setting, but it also signals potential maintenance needs (older plumbing, wiring, foundation work). The lot is compact—typical for an older urban infill property—so there’s limited yard space.
Best suited for: First-time buyers looking for an entry point into a central neighbourhood, investors seeking a lower-cost property in an established area, or anyone who values walkable, older urban fabric over newer suburban subdivisions. Not ideal for those who need a large yard, a modern open layout, or minimal upkeep.
1. How does the assessed value compare to similar homes nearby?
On Pacific Avenue and in West Alexander, the assessed value is around average—$197,000 vs. $186–187k local averages. But citywide, it’s well below the typical $390k benchmark. That means you’re getting a home priced like the rest of the block, not a deal relative to the immediate area, but a strong value compared to Winnipeg as a whole.
2. Is the living space small for the neighbourhood?
It’s slightly above the street average (986 sqft) but well below the neighbourhood average (1,299 sqft). So it feels compact for West Alexander but is typical for its specific block. If you’re comparing to newer homes or outer suburbs, it’ll feel small—but it’s not out of step with its immediate surroundings.
3. What should I know about a home built in 1903?
This is one of the oldest homes in Winnipeg by year built. Expect original details like thicker walls, solid wood framing, and possibly lead paint or knob-and-tube wiring. Renovations may have been done, but always confirm with an inspection. Older homes often have higher heating costs and less insulation, but they tend to hold up well structurally if maintained.
4. Why is the lot size below average?
The 2,589 sqft lot is smaller than both the street average (2,925 sqft) and the neighbourhood average (3,591 sqft). This is common for older central-city properties, where lots were divided more tightly. It means less outdoor maintenance, but also less room for additions, garages, or gardens.
5. What does “ranked top 92% citywide” for assessed value mean?
It means this home is cheaper than 92% of all comparable properties in Winnipeg. Only about 8% of homes are valued lower. That’s useful context if you’re worried about property taxes or looking for a budget-friendly entry point—but it also reflects the home’s age, size, and smaller lot. The low citywide rank isn’t a flaw, just a trade-off for affordability.
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