1563 Alexander Avenue

Weston, Winnipeg

Property score

43.3

Below average

Overall 43.3 · Older than most nearby homes

880 sqft (bottom 46%) · Built in 1912 (25 yrs older than avg)

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

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

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Below average

25 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

43.3 is composed by the two sections below.

Property Score

27.5Low
Living Area880 sqft32Low
Year Built191216Low
Lot Size2,423 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

around average
880 sqft
0255075100
Same streetBottom 35%Same areaBottom 46%CitywideBottom 15%
Same street · Alexander Avenue
#396 / 608
Bottom 35% · Avg 1,015 sqft
Same area · Weston
#929 / 1,736
Bottom 46% · Avg 936 sqft
Citywide · Winnipeg
#165,778 / 194,458
Bottom 15% · Avg 1,342 sqft

Tax-Assessed Value

below average
138k
0255075100
Same streetBottom 25%Same areaBottom 19%CitywideBottom 2%
Same street · Alexander Avenue
#457 / 608
Bottom 25% · Avg 184.3k
Same area · Weston
#1,414 / 1,736
Bottom 19% · Avg 184.7k
Citywide · Winnipeg
#190,213 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1912
0255075100
Same streetBottom 44%Same areaBottom 27%CitywideBottom 8%

Lot Size

around average
2,423 sqft
0255075100
Same streetBottom 44%Same areaBottom 12%CitywideBottom 3%

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

1563 Alexander Avenue — 6 amenities found within 500 m, across 5 categories, including 1 education (nearest 345 m), 1 healthcare (nearest 478 m), 2 parks (nearest 143 m).

Search radius
🏫Education1
🏥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$100k–150k
Sold price

Same street

Bottom 21%

Same area

Bottom 18%

City-wide

Bottom 2%

Related homes

Highlights & common questions: 1563 Alexander Avenue, Winnipeg

1563 Alexander Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1912-built home with 880 square feet of living space and a 2,423-square-foot lot. The property ranks around average for its street and neighbourhood in terms of living area and year built, but sits below average in assessed value and land size when compared citywide. Its assessed value of $138,000 is notably lower than the street average of $184,300 and far below the Winnipeg average of $390,100.

The appeal here is straightforward: it’s an older home in the Weston area at a price point well below typical city valuations. For a buyer, this could mean lower property taxes and potentially more room to build equity through renovations, especially if the bones are solid. It would suit someone looking for an entry-level purchase in a central Winnipeg neighbourhood, or an investor willing to take on a project. The land area is small by city standards, so those hoping for a large yard or expansion room should look elsewhere. That said, the modest footprint could also mean lower maintenance and utility costs.

Frequently Asked Questions

1. How does the property’s assessed value compare to similar homes nearby?
It’s below average for both the street and the neighbourhood. On Alexander Avenue, it ranks 457th out of 608 homes, and in Weston it ranks 1,414th out of 1,736. This suggests the home may need updates or is smaller than most comparable listings.

2. Is the 880-square-foot living area typical for this area?
It’s fairly typical. The home ranks near the middle on its street and only slightly below average in the neighbourhood, where the average is 936 square feet. Citywide, however, it’s smaller than most comparable homes, which average 1,342 square feet.

3. What does a 1912 build year mean in practical terms?
It’s older than the street and neighbourhood averages (both around 1937). Buyers should expect original or outdated systems, possible knob-and-tube wiring, lead paint, and less insulation. A home inspection is essential. On the upside, older homes often have solid framing and mature neighbourhoods.

4. Why is the lot size listed as “below average” citywide but “around average” on the street?
The street average for land area is 2,977 square feet, so this lot of 2,423 square feet is a bit smaller but not unusual for Alexander Avenue. Citywide, the average lot is 6,570 square feet, so by that measure it’s quite small. The difference reflects how variable lot sizes are across Winnipeg.

5. Who is this property not a good fit for?
Buyers wanting a move-in-ready home with modern finishes, or those needing a large lot for gardens, garages, or additions, would likely be frustrated here. It’s also not ideal for someone seeking a quick resale in a hot market without putting in work.

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