1550 Alexander Avenue

Weston, Winnipeg

Property score

51.0

Fair

Overall 51.0 · Larger than most nearby homes

1,096 sqft (top 22%) · Built in 1928 (9 yrs older than avg)

Located in a above-average income area with median household income of ~73.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 2 parks, and 1 bank/ATM nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Near average

9 yrs older than neighborhood avg.

Mother tongue

English · 57%Tagalog · 25%

Past 10 years Weston sales snapshot (~80% of all data)

Sold Count

682

Median price

202.5k

$/sqft

$245/sqft

Avg build year

1937

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Property score

51.0 is composed by the two sections below.

Property Score

40.3Low
Living Area1,096 sqft52Fair
Year Built192820Low
Lot Size2,151 sqft18Low
Neighbourhood Sales Activity48Low

Community Score

67.1Good
Household Income74Good
Education Level44Low
Housing Stress74Good
Core Housing Need63Fair
Employment Health76Good

Neighbourhood Sales

Weston

How to read: Share of sales in each ~$50k price band for “weston” (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: #46110149

Community deep dive

$74K

Median household income

$76K

Average household income

18%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

17%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)598
Labour force participation rate74%
Median age31.8
Avg household size3.0
Unemployment rate14%
Population density7475 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households17%
Couple families with children32%
Median household income (2020)$74K

Housing

Renter households17%
Condominium dwellings0%
Median dwelling value (owners)$186K

Diversity, education & language

Immigrants (share of pop.)45%
Visible minority59%
Bachelor's or higher (25–64)24%
Mother tongue (1st)English · 56%
Mother tongue (2nd)Tagalog · 25%

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

Rankings

Living Area

above average
1,096 sqft
0255075100
Same streetTop 32%Same areaTop 22%CitywideBottom 39%
Same street · Alexander Avenue
#197 / 608
Top 32% · Avg 1,015 sqft
Same area · Weston
#383 / 1,736
Top 22% · Avg 936 sqft
Citywide · Winnipeg
#118,188 / 194,458
Bottom 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
178k
0255075100
Same streetTop 46%Same areaTop 49%CitywideBottom 6%
Same street · Alexander Avenue
#279 / 608
Top 46% · Avg 184.3k
Same area · Weston
#842 / 1,736
Top 49% · Avg 184.7k
Citywide · Winnipeg
#183,578 / 194,458
Bottom 6% · Avg 390.1k

Year Built

around average
1928
0255075100
Same streetTop 42%Same areaBottom 48%CitywideBottom 17%

Lot Size

below average
2,151 sqft
0255075100
Same streetBottom 16%Same areaBottom 5%CitywideBottom 1%

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

1550 Alexander Avenue — 7 amenities found within 500 m, across 5 categories, including 2 education (nearest 304 m), 1 healthcare (nearest 446 m), 2 parks (nearest 196 m).

Search radius
🏫Education2
🏥Healthcare1
🌳Parks2
🏦Finance1
Worship1

Crime & Safety

Weston · WPS public data · 2026

Annual incidents

66

2026

vs. city avg

+124%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Other

35%

Full crime data for Weston →Winnipeg crime overview →

Sales History

Sold 11/2021CA$150k–200k
Sold price

Same street

Top 41%

Same area

Top 39%

City-wide

Bottom 9%
Sold 1/2016CA$150k–200k
Sold price

Same street

Bottom 39%

Same area

Bottom 37%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 1550 Alexander Avenue, Winnipeg

1550 Alexander Avenue, Winnipeg

Key Characteristics & Buyer Profile

This is a 1,096 sqft home built in 1928 on a 2,151 sqft lot in Weston. The property sits in a sweet spot for living space — slightly above the neighborhood average (936 sqft) and competitive with other homes on Alexander Avenue. The assessed value of $178k is notably low compared to the Winnipeg average ($390k), ranking in the bottom 6% citywide. That’s a real advantage for someone looking to enter the market without overextending.

The land area is the trade-off. At 2,151 sqft, it’s significantly smaller than the citywide average of 6,570 sqft — ranking in the bottom 1% citywide. This is a house that prioritizes indoor square footage over outdoor space. It suits buyers who want a functional interior and aren’t looking for a large yard or extensive outdoor living. First-time buyers, downsizers, or anyone focused on a manageable property in an established neighborhood (Weston) will find the price-to-space ratio compelling. The home’s age (1928) means character features are likely, but so are older systems and maintenance needs — a buyer should be comfortable with some updating.


Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It’s right around the average for the street ($184k) and neighborhood ($184k). The standout difference is citywide, where the average jumps to $390k — so relative to the rest of Winnipeg, this property is very affordable.

2. Is the living area considered small for the area?
No. At 1,096 sqft, it’s above both the street and neighborhood averages (1,015 sqft and 936 sqft respectively). It ranks in the top 22% within Weston, so it offers more interior space than most comparable homes nearby.

3. Why is the land area so much smaller than the Winnipeg average?
Weston is an older, more established neighborhood where lots were originally subdivided more tightly. The 2,151 sqft lot is typical for the street (bottom 16%) but not unusual for the area — it’s a trade-off common in inner-ring suburbs where land is at a premium.

4. What should I know about a home built in 1928?
Expect solid construction (often with materials you don’t see today), but also potential issues like outdated electrical, plumbing, or insulation. The home’s year places it among older stock citywide (top 83% oldest), so a thorough inspection is wise. Character details like hardwood floors or original trim may still be intact.

5. Who would this property not suit?
Anyone needing a large yard, garden space, or room for expansion would be frustrated by the lot size. Likewise, buyers wanting a move-in-ready modern home with updated systems should factor in renovation costs. It’s a solid starter home or value play — not a turnkey dream.

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