53.0
Fair
Property score
53.0
Fair
Overall 53.0
Larger and newer than most nearby homes
1,062 sqft (top 30%)
Built in 1954 (20 yrs newer than avg)
Located in a average-income area
with median household income of ~53.6k
Transit 100.0
1-min walk to transit with 8 nearby routes
Within 500m: 1 dining spot, 2 schools, 4 parks, and 4 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
20 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 5%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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53.0 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: #46110683
$54K
Median household income
$63K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
38%
Single-person households
20%
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
150 Watt Street — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 279 m), 2 education (nearest 289 m), 4 parks (nearest 210 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 33% | Top 10% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
150 Watt Street is a well-situated one-storey home in Winnipeg's Chalmers neighbourhood, built in 1954. It sits on a generous 5,517 sqft lot, which is notably larger than most in the immediate area and the wider neighbourhood. The home itself has 1,062 sqft of living space and features a renovated basement and a detached garage. It recently sold for $290,000.
Key Characteristics & Appeal
The primary appeal of this property is its land. The lot size is in the top 6% for the Chalmers neighbourhood, offering significant outdoor space and potential that is increasingly rare for the price point. While the living area is modest, the renovated basement adds functional space. Its 1954 build date is newer than many area homes, potentially suggesting fewer concerns with extremely aged infrastructure.
This home suits practical buyers looking for a solid foundation in a established neighbourhood. It’s ideal for someone who values private outdoor space for gardening, children, or future expansion more than a large interior footprint. The detached garage is a key asset for hobbyists, extra storage, or workshop space. The recent sale at a price significantly above the assessed value indicates a strong market perception of its worth, likely tied to the desirable lot and updates.
Frequently Asked Questions
Q: How does the lot size compare to nearby properties?
A: Exceptionally well. The lot is over 2,000 sqft larger than the neighbourhood average, placing it in the top tier for Chalmers. This is one of the property's defining features.
Q: The assessed value is much lower than the sale price. Why?
A: Municipal assessments for tax purposes often lag behind current market values, especially in active markets or for properties with unique features. The sale price reflects what buyers are currently willing to pay for this home's specific combination of land, location, and condition.
Q: Is the living space too small?
A: That depends on your needs. The above-ground living area is compact, but the renovated basement provides additional flexible space. The trade-off is the larger lot, making it better suited for those who spend time outdoors or value expansion potential over a sprawling interior layout.
Q: What does "above average" for year built mean for a 1954 home?
A: In Chalmers, many homes are from the early 1900s. A 1954 build is relatively newer for the area, which can sometimes mean more modern construction techniques, electrical systems, or layout philosophies compared to its older neighbours.
Q: Who would this property not suit?
A: It may not be the best fit for buyers seeking a large, move-in-ready interior without future projects, or for those who prefer a low-maintenance yard. The value here is weighted toward the land and potential, rather than extensive finished living space.
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