550 Alfred Avenue

William Whyte, Winnipeg

Property score

61.0

Fair

Overall 61.0 · Larger than most nearby homes

1,619 sqft (top 12%) · Built in 1914 (13 yrs older than avg)

Located in a average-income area with median household income of ~62.4k

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

Living Area

Above average

40% larger than neighborhood avg.

Year Built

Near average

13 yrs older than neighborhood avg.

Mother tongue

English · 63%Tagalog · 18%

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

61.0 is composed by the two sections below.

Property Score

61.6Fair
Living Area83
1,619 sqftExcellent
Year Built16
1914Low
Lot Size38
3,268 sqftLow
Neighbourhood Sales Activity59
Fair

Community Score

60.0Fair
Household Income64
Fair
Education Level63
Fair
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health52
Fair

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: #46110059

Community deep dive

$62K

Median household income

$69K

Average household income

22%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)675
Labour force participation rate53%
Median age33.6
Avg household size2.7
Unemployment rate8%
Population density6136 / km²

Households & income

Low income (LIM-AT, % pop.)22%
Single-person households29%
Couple families with children21%
Median household income (2020)$62K

Housing

Renter households56%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority37%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 17%

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

Rankings

Living Area

above average
1,619 sqft
0255075100
Same streetTop 6%Same areaTop 12%CitywideTop 24%
Same street · Alfred Avenue
#30 / 476
Top 6% · Avg 1,084 sqft
Same area · William Whyte
#202 / 1,707
Top 12% · Avg 1,158 sqft
Citywide · Winnipeg
#47,549 / 194,458
Top 24% · Avg 1,342 sqft

Tax-Assessed Value

around average
133k
0255075100
Same streetBottom 35%Same areaBottom 48%CitywideBottom 2%
Same street · Alfred Avenue
#309 / 476
Bottom 35% · Avg 164.1k
Same area · William Whyte
#893 / 1,707
Bottom 48% · Avg 149.1k
Citywide · Winnipeg
#190,832 / 194,458
Bottom 2% · Avg 390.1k

Year Built

around average
1914
0255075100
Same streetTop 44%Same areaTop 33%CitywideBottom 11%

Lot Size

above average
3,268 sqft
0255075100
Same streetTop 19%Same areaTop 42%CitywideBottom 16%

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

550 Alfred Avenue — 16 amenities found within 500 m, across 8 categories, including 1 dining (nearest 412 m), 2 education (nearest 223 m), 1 healthcare (nearest 225 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🛒Shopping3
🌳Parks4
🏦Finance1
Worship3
🏛️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 5/2022CA$150k–200k
Sold price

Same street

Top 46%

Same area

Top 35%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 550 Alfred Avenue, Winnipeg

550 Alfred Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,619 sqft single-family home built in 1914, situated on a 3,268 sqft lot in the William Whyte neighbourhood of Winnipeg. The property’s main draw is its unusually generous living area for the area. On Alfred Avenue itself, it ranks in the top 6% for size—meaning most homes on the street are considerably smaller. That extra space, combined with a lot that is above average for the street but modest citywide, gives it a feel of being spacious without being land-heavy.

The assessed value sits at $133k, which is around average for the street and neighbourhood but well below the citywide average for comparable homes. This tells you the property is priced in line with its immediate surroundings, not its square footage. In other words, you’re getting a larger interior without paying a premium for it—at least based on current assessment figures. The home is older than most citywide (1914 vs. the Winnipeg average of 1966), so character and original details are likely, but so is the need for updates.

This property would suit a buyer comfortable with an older home who wants more square footage than the neighbourhood norm, without stretching their budget into pricier parts of the city. It’s also a good candidate for someone looking for a fixer-upper or a home where sweat equity could add value, especially given the large interior footprint compared to neighbours.


Five Frequently Asked Questions

1. How does the living space compare to other homes nearby?
Very favourably. On Alfred Avenue, the average home is about 1,084 sqft, and this one is 1,619 sqft. It ranks in the top 6% for living area on the street, and top 12% in the William Whyte neighbourhood. So if you need more room than what most homes in the area offer, this stands out.

2. Is the assessed value low because the home is in bad shape?
Not necessarily. The assessment is relative to the neighbourhood and street, where values are modest. The home is older and likely has some deferred maintenance, but the low citywide rank (bottom 2%) mainly reflects that Winnipeg’s overall housing market has many higher-value properties in newer or more central areas. It’s more about location than condition.

3. The lot is 3,268 sqft—is that small or typical?
It’s actually slightly above average for the street (3,225 sqft) and right around the neighbourhood average (3,277 sqft). But citywide, where lots average 6,570 sqft, it’s on the smaller side. So you have enough yard for a garden or small gathering, but don’t expect a large backyard compared to newer suburban homes.

4. What’s the most practical reason to buy this house?
The living area-to-cost ratio. You get 1,619 sqft of interior space at a price point typical for much smaller homes in the area. If you value square footage over a big yard or a modern build, this property makes sense financially. It’s a practical choice for someone prioritizing interior room over curb appeal or lot size.

5. Should I be concerned about the 1914 build year?
Only if you want a move-in ready home with modern systems. An older home means you should budget for electrical, plumbing, insulation, and possibly foundation work. But it also means you’re likely getting solid materials (old-growth wood, thicker walls) and a layout that may have more character than newer builds. A thorough inspection is strongly recommended—not because it’s a red flag, but because the age demands it.