Property score
56.2
Fair
Overall 56.2 · Newer than most nearby homes
1,262 sqft (top 46%) · Built in 1923 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 2 schools, 2 healthcare facilitys, and 3 shops nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 43%Tagalog · 23%
Past 10 years West Alexander sales snapshot (~80% of all data)
251
218.9k
$153/sqft
1921
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56.2 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: #46110137
$72K
Median household income
$74K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
28%
Single-person households
25%
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
961 Winnipeg Avenue — 22 amenities found within 500 m, across 7 categories, including 6 dining (nearest 94 m), 2 education (nearest 356 m), 2 healthcare (nearest 205 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 27% | Top 27% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property at 961 Winnipeg Avenue, presented in two sections suitable for direct display on a webpage.
This is a 1,262 sqft home built in 1923 on a 3,295 sqft lot, located in the West Alexander neighborhood. Its assessed value is $202,000.
Key Characteristics: The property sits in a sweet spot of older, inner-city character without being an outlier. Its living area is noticeably above average for its specific street (top 28%), giving it more interior space than many nearby homes. The assessed value, while slightly above the street and neighborhood averages, is remarkably low compared to citywide figures (top 92% cheapest). This indicates the property offers significant value relative to the broader Winnipeg market, likely due to its age and central location rather than high-end finishes or a large lot. The land area is on the smaller side, which is consistent with older, established neighborhoods.
Appeal & Buyer Profile: The primary appeal isn't “move-in ready luxury” but rather proven value and solid proportions. The above-average living area within an older home suggests a layout that feels spacious, a quality many find lacking in new builds. The low citywide tax base (implied by the assessed value) is a significant, long-term financial advantage. This home suits a buyer who prioritizes location and square footage over a large yard. It is ideal for someone who sees the value in a home's bones and character—perhaps a first-time buyer looking for a solid entry into a central area, or an investor seeking a property with good underlying metrics that won’t require premium-zone property taxes. It is less suitable for a buyer who needs a large, flat lot or a home with a modern, open-concept floor plan.
1. How does this home’s living space compare to the neighborhood?
It’s a standout on its own street. While the West Alexander neighborhood average is 1,299 sqft, this home’s 1,262 sqft is right in line. However, it ranks in the top 28% on Winnipeg Avenue itself, meaning it offers more interior room than the vast majority of homes directly around it.
2. Is the low assessed value a good or bad thing for a buyer?
For a buyer, it is primarily a positive. A $202,000 assessed value on a home of this size means your annual property taxes will be based on a relatively low figure. Just keep in mind that a low citywide rank (top 92%) often reflects an older home with original features or less updated systems, not necessarily a bad condition—it simply means the market values the physical structure lower than the land cost in pricier areas.
3. The land area seems small. Is this a problem?
Only if you have specific needs for a large garden, a workshop, or a future addition. It’s typical for the area—the neighborhood average is 3,591 sqft, and this lot is just slightly below that. It’s a common feature of older, walkable neighborhoods where frontage was kept compact. You get a manageable yard that won’t dominate your weekends.
4. The home was built in 1923. What does that mean for maintenance?
It means the home has lasted a century and likely has strong framing and materials like old-growth lumber. However, you should budget for the realities of a century-old house: older plumbing, electrical, and foundation work are common considerations. A thorough home inspection is essential, but don’t be immediately worried—a home built in 1923 that is ranked in the top 30% for age within its neighborhood is arguably one of the better-maintained older homes in the area.
5. How does this property compare to a newer home at the same price point?
A newer home for $202k in Winnipeg would likely be much smaller (closer to 900 sqft), located further from the core, and on a smaller lot. This property trades a modern floor plan and lower maintenance for more space, a better location, and a character-defining age. It’s a classic trade-off: you get a bigger, more central home with a history, but you accept that it won’t have the energy efficiency or turnkey simplicity of a 1990s bungalow.
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