Property score
50.6
Fair
Overall 50.6 · Newer than most nearby homes
1,040 sqft (top 33%) · Built in 1956 (22 yrs newer than avg)
Located in a average-income area with median household income of ~57.2k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 2 parks nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Above average
22 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 4%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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50.6 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: #46110681
$57K
Median household income
$61K
Average household income
32%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
15%
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
128 Lacy Street — 14 amenities found within 500 m, across 6 categories, including 1 dining (nearest 421 m), 2 education (nearest 234 m), 2 shopping (nearest 231 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 | Bottom 1% | Top 28% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 128 Lacy Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a 4,351 sqft lot in Chalmers presents a straightforward opportunity, primarily for value-focused buyers or investors. Built in 1956, it is notably newer than many homes in its immediate neighbourhood and on its street. Its key features include a detached garage and a full, unrenovated basement.
The primary appeal lies in its land value and positional metrics. The lot size is above average for Chalmers, offering more outdoor space than many local properties. With a very low assessed value compared to the Winnipeg city-wide average, this property stands out as an affordable entry point into the market. It suits a buyer looking for a land play, a renovation project, or an investor seeking a rental property with a low initial tax assessment. The recent sale price closely aligns with its assessed value, suggesting a market-ready valuation.
A less obvious perspective is its potential as a "blank slate." The unrenovated basement and the home's average living area for the area provide a chance to add value through updates without over-improving for the neighbourhood. Its newer build date (relative to the area) might also mean fewer immediate concerns with foundational or structural issues common in much older Winnipeg homes.
Section 2: Frequently Asked Questions
1. Is this a move-in ready home?
No. The listing notes the basement is "not renovated," which typically indicates the home requires updates and likely some modernization throughout. It is best suited for a buyer comfortable with a project.
2. Why is the assessed value so much lower than the Winnipeg average?
The assessed value is based on the property's characteristics and the local market. In this case, the value is consistent with other homes on Lacy Street and in the Chalmers neighbourhood, but it falls well below the city-wide average, reflecting the area's affordability.
3. What does the "above average" year built ranking mean for me?
Built in 1956, this home is newer than about 80% of homes on its street and in Chalmers. This can be an advantage, potentially indicating newer building materials, electrical systems, or plumbing compared to many century-old homes in the vicinity.
4. Who would this property not suit?
It would not suit buyers seeking a modern, turn-key home without renovation work. It may also not be ideal for those who prioritize a large interior living space, as the 1,040 sqft footprint is modest.
5. What is the significance of the lot size being "above average" for the neighbourhood?
With a lot size ranking in the top 20% for Chalmers, you are getting more land than most properties in the area. This provides more yard space, better potential for additions, landscaping, or outdoor amenities, and could contribute to future value.
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