850 Mcdermot Avenue

West Alexander, Winnipeg

Property score

64.1

Fair

Overall 64.1 · Larger but older than most nearby homes

1,956 sqft (top 10%) · Built in 1904 (17 yrs older than avg)

Located in a average-income area with median household income of ~45.6k

Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 3 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

51% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 37%Tagalog · 6%

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

64.1 is composed by the two sections below.

Property Score

66.9Good
Living Area92
1,956 sqftExcellent
Year Built10
1904Low
Lot Size38
3,301 sqftLow
Neighbourhood Sales Activity80
Good

Community Score

60.0Fair
Household Income50
Fair
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need63
Fair
Employment Health42
Low

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: #46110135

Community deep dive

$46K

Median household income

$59K

Average household income

29%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.0

P90 / P10 ratio

44%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)393
Labour force participation rate53%
Median age32.4
Avg household size2.1
Unemployment rate13%
Population density4912 / km²

Households & income

Low income (LIM-AT, % pop.)29%
Single-person households44%
Couple families with children21%
Median household income (2020)$46K

Housing

Renter households78%
Condominium dwellings0%
Median dwelling value (owners)$220K

Diversity, education & language

Immigrants (share of pop.)27%
Visible minority65%
Bachelor's or higher (25–64)53%
Mother tongue (1st)English · 37%
Mother tongue (2nd)Tagalog · 6%

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

Rankings

Living Area

above average
1,956 sqft
0255075100
Same streetTop 6%Same areaTop 10%CitywideTop 12%
Same street · Mcdermot Avenue
#14 / 221
Top 6% · Avg 1,144 sqft
Same area · West Alexander
#77 / 772
Top 10% · Avg 1,299 sqft
Citywide · Winnipeg
#23,277 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
243k
0255075100
Same streetTop 26%Same areaTop 18%CitywideBottom 16%
Same street · Mcdermot Avenue
#58 / 221
Top 26% · Avg 214.1k
Same area · West Alexander
#138 / 772
Top 18% · Avg 187.3k
Citywide · Winnipeg
#164,131 / 194,458
Bottom 16% · Avg 390.1k

Year Built

below average
1904
0255075100
Same streetBottom 17%Same areaBottom 29%CitywideBottom 1%

Lot Size

around average
3,301 sqft
0255075100
Same streetBottom 36%Same areaTop 44%CitywideBottom 17%

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

850 Mcdermot Avenue — 26 amenities found within 500 m, across 7 categories, including 10 dining (nearest 240 m), 3 education (nearest 329 m), 2 healthcare (nearest 167 m).

Search radius
🍽️Dining10
🏫Education3
🏥Healthcare2
🛒Shopping2
🌳Parks2
Fuel Stations1
Worship6

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 11/2020CA$200k–250k
Sold price

Same street

Top 35%

Same area

Top 22%

City-wide

Bottom 19%
Sold 11/2017CA$250k–300k
Sold price

Same street

Top 29%

Same area

Top 17%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 850 Mcdermot Avenue, Winnipeg

850 Mcdermot Avenue – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,956 sqft home built in 1904 on a 3,301 sqft lot in Winnipeg’s West Alexander neighbourhood. The living area is significantly larger than average for its street (top 6%), neighbourhood (top 10%), and citywide (top 12%), making space its standout feature. The assessed value of $243k is above average on the street and in the neighbourhood, but well below the citywide average for comparable homes (top 84%), which suggests it may be undervalued relative to the broader market or that the property type doesn’t align with typical citywide pricing. The lot is around average for the street and neighbourhood but below average citywide, and the home is older than most (top 83% on the street, top 99% citywide).

The appeal here is straightforward: you get a large living area in an older home without paying a premium for a big lot or a modern build. It suits buyers who prioritise interior square footage over land size or a recently updated structure. It might also appeal to someone comfortable with an older property who sees potential in a neighbourhood where assessed values are rising relative to the surrounding area. Investors or first-time buyers looking for more space per dollar—especially if they can handle or appreciate the character and maintenance of a pre-war home—would find this property worth a close look.

Five Possible FAQs

1. Why is the assessed value above average locally but below average citywide?
That’s partly because the citywide average for comparable homes ($390k) includes many newer, larger-lot properties in higher-priced areas. On Mcdermot Avenue and in West Alexander, the typical home is older and less expensive, so $243k is ahead of those neighbours but far behind the city’s more expensive districts. It’s not a red flag—it just means this area is more affordable than the Winnipeg average.

2. The home was built in 1904. What should I watch out for?
Older homes often have unique plumbing, electrical, and insulation that may need updating. The age ranking (top 99% citywide) confirms this is one of the oldest properties in the city, so expect potential issues like lead pipes, knob-and-tube wiring, or drafty windows. A thorough inspection by someone experienced with heritage homes is wise. The upside is solid construction and likely good bones.

3. The lot is 3,301 sqft—is that enough for a family?
It’s close to the street and neighbourhood average (3,789 sqft and 3,591 sqft respectively), but well below the citywide average of 6,570 sqft. That means you’re getting a typical urban lot for this area, not a sprawling yard. Fine for a garden, small shed, or kids’ play area, but not for large-scale landscaping or a big addition.

4. How does this property compare to others on Mcdermot Avenue?
It ranks in the top 6% for living area but only around average for lot size. That’s an unusual combination—most homes on the street have smaller interiors relative to their lots. This property prioritises indoor space over outdoor, which is a distinct trade-off. It also ranks in the top 26% for assessed value, meaning it’s one of the more valuable homes on the street, likely due to that extra square footage.

5. Would this be a good investment?
Worth considering if you’re betting on the West Alexander neighbourhood’s trajectory. The assessed value is above the local average, but not dramatically so, and the citywide rank suggests room for appreciation if the area improves. The older age and smaller lot limit upside compared to newer builds in growing suburbs, but the large living area could attract renters or buyers who want space without the suburban price tag. It’s not a flashy flip—more of a steady, long-term hold if you’re patient.


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.

[Open neighbourhood map analysis →]