62.0
Fair
Property score
62.0
Fair
Overall 62.0
Newer than most nearby homes
1,012 sqft (top 37%)
Built in 2022 (88 yrs newer than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 94.0
1-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 1 school, 1 park, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Above average
88 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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62.0 is composed by the two sections below.
Property Score
Community Score
Chalmers
How to read: Share of sales in each ~$50k price band for “chalmers” (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: #46110930
$68K
Median household income
$77K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
16%
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
1-340 Chalmers Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 213 m), 1 education (nearest 497 m), 1 parks (nearest 259 m).
Chalmers · WPS public data · 2026
Annual incidents
67
2026
vs. city avg
+127%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Property
51%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 3% | Top 1% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2022-built bi-level home at 1-340 Chalmers Avenue presents a distinct profile. Its primary appeal lies in being a modern, low-maintenance residence in an established neighbourhood. The home features a renovated basement and a functional 1,012 sqft living space that is average for its immediate area. The standout characteristic is its new construction; it ranks in the top 1% for year built both on its street and in the broader Chalmers area, where the average home was built in the early 1900s. This means the buyer inherits none of the major system updates or structural concerns typical of the neighbourhood. Conversely, the lot is compact at 2,534 sqft, which is notably smaller than most properties nearby. This combination suits a specific buyer: someone seeking the peace of mind and efficiency of a new build within a mature community, who prioritizes a modern home over a large yard. It’s ideal for first-time homeowners, downsizers, or investors looking for a newer property with a renovated basement suite potential, all within a modest budget frame indicated by its assessed and recent sale value.
Frequently Asked Questions
1. Is the home really new in such an old neighbourhood?
Yes. Built in 2022, it is a clear outlier. On Chalmers Avenue, where the average home was built in 1938, this property ranks #1 for being newest. You benefit from modern building codes, materials, and energy efficiency.
2. The lot seems small. What does that mean for me?
The land area is in the bottom 3% on the street. This translates to minimal yard maintenance, which is a plus for those seeking a lock-and-leave lifestyle. However, it limits outdoor space for gardening, play, or expansion, and offers less privacy than larger lots in the area.
3. How does the assessed value compare?
Its assessed value is in the top 3% for the street, reflecting its new construction. While this suggests a higher value than most neighbouring homes, it's important to note that the actual sale price from 2022 was also well above area averages, confirming the market premium for a new build here.
4. What is the neighbourhood context?
You are moving into a long-established community. The immediate neighbouring properties are almost all over a century old. This offers mature trees and character, but your home’s modern aesthetic will be a contrast. The compact lot size is also atypical for the street.
5. Who would this property not suit?
It may not be the best fit for buyers who want a large, private yard, who prefer the character and architectural details of a historic home, or who plan on significant additions. The value here is in the building itself, not the land.
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