Property score
57.6
Fair
Overall 57.6 · Larger and newer than most nearby homes
1,280 sqft (top 11%) · Built in 2004 (70 yrs newer than avg)
Located in a below-average income area with median household income of ~43.2k
Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 2 schools, 2 shops, 6 parks, and 3 place of worships nearby
Living Area
Above average
34% larger than neighborhood avg.
Year Built
Above average
70 yrs newer than neighborhood avg.
Mother tongue
English · 70%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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57.6 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: #46110682
$43K
Median household income
$51K
Average household income
34%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
51%
Single-person households
13%
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
162 Talbot Avenue — 13 amenities found within 500 m, across 4 categories, including 2 education (nearest 59 m), 2 shopping (nearest 187 m), 6 parks (nearest 136 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 21% | Bottom 34% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 162 Talbot Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Chalmers presents a compelling opportunity defined by its modern build date and generous lot size. Built in 2004, it is a notably newer construction compared to most homes on its street and across the neighbourhood, suggesting potentially lower maintenance and updated building systems. The 5,410 sqft lot is substantially larger than average for the area, offering valuable outdoor space and future potential in a city where land is a key asset.
The appeal lies in this balance of a contemporary, low-maintenance home on a spacious, established lot. It suits first-time buyers or downsizers seeking a manageable single-level layout without the upkeep of a century-old property. The significantly below-average assessed value, both locally and citywide, also indicates a potentially accessible entry point into the market. A thoughtful perspective is that this property offers a "best of both worlds" scenario: the modern convenience of a 2004 build within the mature, settled context of Chalmers, avoiding the premium often attached to brand-new subdivisions.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is for municipal tax purposes and is often lower than market value, especially for newer homes. Its low assessment relative to the city average could translate to proportionately lower property taxes, which is a positive ongoing cost consideration.
2. What does "no basement" mean for storage and utilities?
The home is built on a slab foundation. This means no basement for storage or traditional furnace/water heater setups. Utilities will be housed in a main-floor closet or utility room, and creative storage solutions or a shed may be needed for seasonal items.
3. How does the living space compare?
At 1,280 sqft, the living area is comfortably above average for the immediate area, providing good interior space. It is slightly below the Winnipeg city average, which is typical for many established neighbourhoods and reflects the value placed on the larger lot.
4. The home sold in 2017 for $170k. What does that tell us?
The 2017 sale price provides a historical benchmark, but it is not a direct indicator of current value. Market conditions have evolved significantly since then. Its relevance today is primarily in understanding the property's price trajectory over a long period.
5. Who might this property not suit?
It may not suit buyers who require extensive indoor storage, desire a traditional basement for a rec room or suite potential, or who prioritize a home with the character and architectural details common to Winnipeg's older housing stock. The lack of a garage also requires consideration for vehicle storage.
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