487 Alfred Avenue

William Whyte, Winnipeg

Property score

51.7

Fair

Overall 51.7 · Larger than most nearby homes

1,344 sqft (top 26%) · Built in 1913 (14 yrs older than avg)

Located in a average-income area with median household income of ~56.8k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 3 shops, and 4 parks nearby

Living Area

Above average

16% larger than neighborhood avg.

Year Built

Near average

14 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

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

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

51.7 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,344 sqft71Good
Year Built191316Low
Lot Size3,003 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

47.6Low
Household Income60Fair
Education Level34Low
Housing Stress42Low
Core Housing Need38Low
Employment Health28Low

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (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: #46110060

Community deep dive

$57K

Median household income

$61K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

21%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)652
Labour force participation rate48%
Median age30.4
Avg household size2.8
Unemployment rate20%
Population density8150 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households21%
Couple families with children21%
Median household income (2020)$57K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority28%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 11%

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

Rankings

Living Area

above average
1,344 sqft
0255075100
Same streetTop 17%Same areaTop 26%CitywideTop 39%
Same street · Alfred Avenue
#81 / 476
Top 17% · Avg 1,084 sqft
Same area · William Whyte
#446 / 1,707
Top 26% · Avg 1,158 sqft
Citywide · Winnipeg
#75,482 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
167k
0255075100
Same streetTop 42%Same areaTop 32%CitywideBottom 5%
Same street · Alfred Avenue
#198 / 476
Top 42% · Avg 164.1k
Same area · William Whyte
#541 / 1,707
Top 32% · Avg 149.1k
Citywide · Winnipeg
#185,684 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 48%Same areaTop 36%CitywideBottom 10%

Lot Size

around average
3,003 sqft
0255075100
Same streetBottom 38%Same areaBottom 37%CitywideBottom 11%

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

487 Alfred Avenue — 15 amenities found within 500 m, across 6 categories, including 2 education (nearest 242 m), 1 healthcare (nearest 60 m), 3 shopping (nearest 150 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks4
Worship4
🏛️Government1

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 3/2019CA$100k–150k
Sold price

Same street

Bottom 39%

Same area

Top 50%

City-wide

Bottom 3%
Sold 5/2016CA$150k–200k
Sold price

Same street

Top 48%

Same area

Top 37%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 487 Alfred Avenue, Winnipeg

487 Alfred Avenue – Property Summary

Key Characteristics, Appeal, and Ideal Buyer

This is a 1,344 sqft home built in 1913 on a 3,003 sqft lot, located on Alfred Avenue in Winnipeg’s William Whyte neighbourhood. Its assessed value is $167,000.

The property’s strongest feature is its living space. At 1,344 sqft, it ranks in the top 17% on its street and top 26% in the neighbourhood—significantly larger than the local averages of 1,084 sqft and 1,158 sqft, respectively. Citywide, it sits right around the average for comparable homes.

The assessed value tells a more interesting story. While the home is priced near the street and neighbourhood averages ($164,100 and $149,100), it ranks in the bottom 5% citywide compared to all similar properties. This means you’re getting a home with above-average interior space in a corner of the market where prices haven’t followed the city’s upward trends. The lot (3,003 sqft) is slightly below the street and neighbourhood averages but smaller than typical city lots—a trade-off that keeps the yard manageable.

The age (1913) is a clear consideration. It’s older than the street and neighbourhood averages, and significantly older than the citywide average of 1966. Buyers should expect character details from that era but also plan for upkeep typical of a century-old home.

This property would suit a buyer who values interior square footage over lot size and is comfortable with an older home. It’s a strong fit for someone looking for more space than the local average without paying a premium, especially if they’re already focused on the William Whyte area. It may also appeal to buyers who see long-term value in a neighbourhood where assessed values haven’t yet caught up to the citywide median.


Five Possible FAQs

1. How does the living area compare to other homes in the city?
It’s essentially average citywide (top 39%). Where it stands out is on its own street and in its neighbourhood, where it’s well above typical sizes.

2. Is the assessed value of $167,000 a good deal?
Compared to the street average ($164,100) and neighbourhood average ($149,100), it’s aligned or slightly above. But relative to the citywide average for comparable homes ($390,100), it’s far below. The value reflects the local market more than the property’s actual size.

3. What should I know about a home built in 1913?
Expect solid wood framing, likely original plaster walls, and possibly knob-and-tube wiring or galvanized plumbing that may need updating. Older homes often have good bones but require ongoing maintenance for the roof, foundation, and mechanicals.

4. How does the lot size affect usability?
At 3,003 sqft, it’s a typical city lot for this street and neighbourhood, but smaller than the average Winnipeg lot (6,570 sqft). It’s big enough for a garden or small shed, but not for major additions or extensive outdoor projects.

5. Why is the citywide ranking so low for assessed value but high for living area?
Two different metrics. Living area ranks well because the home is spacious. Assessed value ranks low because it’s in an area where property values haven’t risen as fast as the rest of Winnipeg. That gap is exactly what makes the home worth a closer look.

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