58.6
Fair
Property score
58.6
Fair
Overall 58.6
Larger and newer than most nearby homes
1,194 sqft (top 16%)
Built in 1950 (16 yrs newer than avg)
Located in a above-average income area
with median household income of ~74k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 1 dining spot, 2 schools, 1 shop, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 77%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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58.6 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: #46110679
$74K
Median household income
$76K
Average household income
16%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
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
172 Martin Avenue W — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 315 m), 2 education (nearest 360 m), 1 shopping (nearest 401 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 13% | Top 13% | Bottom 31% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 31% | Top 29% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 172 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1950, sits on a notably spacious 4,355 sqft lot in the Chalmers neighbourhood. Its key appeal lies in its above-average proportions and established setting. The home itself offers 1,194 sqft of living space, which is generous for the immediate area, and features a renovated basement and a detached garage.
The property’s strongest advantages are contextual. It ranks in the top tiers for lot size, living area, and assessed value within its own street and neighbourhood, meaning it offers more space and value relative to most nearby homes. This creates a solid foundation for future updates. The lot, in particular, presents a significant opportunity for gardening, expansion, or simply enjoying more private outdoor space than is typical in the area.
This home would suit a practical buyer looking for a character home with room to grow, whether that’s a first-time homeowner comfortable with a property that may need cosmetic updates, or an investor seeking a well-sized asset in a stable neighbourhood. It’s for someone who values the potential of land and space over a turn-key modern finish.
Section 2: Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is for municipal tax purposes and is not a market price. That this value ranks highly in the area suggests the city views the property’s attributes (lot size, building) favorably compared to its neighbours, which can be a positive indicator of its underlying value.
2. How does the sale history affect this property?
The home sold for $230k in 2017 and for $27.8k in 2021. The 2021 sale price is atypical and likely represents a non-arms-length transaction (e.g., between family members). The 2017 sale is a more relevant market benchmark.
3. Is the lot size a major advantage?
Yes. At 4,355 sqft, the lot is significantly larger than the average for both the street (Top 8%) and the Chalmers area (Top 20%). This provides more flexibility and privacy than most surrounding properties.
4. What should I know about the "one-and-a-half storey" design?
This classic Winnipeg style often features main-floor living areas with bedrooms on a second, potentially sloped-ceiling floor. It offers character but may have different spatial dynamics than a full two-storey home.
5. How does this property compare city-wide?
While it ranks above average in its local context for key metrics, its size and assessed value are around or below the wider Winnipeg average. This highlights that its primary appeal is the value and space it offers within its established neighbourhood, not as a large suburban-style property.
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