57.3
Fair
Property score
57.3
Fair
Overall 57.3
Larger and newer than most nearby homes
1,152 sqft (top 19%)
Built in 1948 (14 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
21% larger than neighborhood avg.
Year Built
Above average
14 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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57.3 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
188 Martin Avenue W — 10 amenities found within 500 m, across 6 categories, including 1 dining (nearest 341 m), 2 education (nearest 355 m), 1 shopping (nearest 419 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 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 Overview: 188 Martin Avenue W, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in a balance of above-average space and a below-average price point relative to the wider city. With 1,152 sqft of living area, the home is notably larger than many comparable properties on its street and in the immediate area. It also sits on a standard city lot of approximately 3,168 sqft. A significant feature is the renovated basement, adding functional living space. There is no garage or pool.
The property’s assessed value of $250,000 is significantly below the Winnipeg city average, highlighting its accessibility. However, its last recorded sale was for $23,100 in 2017, indicating a major reassessment or unique circumstance that requires verification. This discrepancy is a critical point for investigation.
This home would suit first-time buyers or practical investors looking for a character home with updated fundamentals (the basement) in an established neighbourhood. It’s a property for those who value interior space over extravagant lots or new builds, and who are prepared to delve into the specifics of its valuation history.
Frequently Asked Questions
1. Why is there such a large gap between the 2017 sale price ($23,100) and the current assessed value ($250,000)?
This is the most important question to address. Such a discrepancy often indicates a data entry error, a sale between family members at a nominal price, or a sale that included only a portion of the property (e.g., a land transfer). Consulting with a real estate agent to obtain the full land title history is essential.
2. What does "renovated basement" specifically mean?
The listing notes a renovated basement but provides no details. It’s crucial to ask for specifics: Was it a cosmetic update or a structural renovation? Does it include legal egress, proper ceiling height, and moisture control? Permits should be verified.
3. How does the lack of a garage affect daily life and property value in this area?
Given the Winnipeg climate, off-street parking is a valuable asset. Buyers should assess on-street parking availability, consider the cost and feasibility of adding a driveway or garage, and understand how this impacts resale value compared to other homes in Chalmers.
4. The home is "above average" for its street in size and year built. What does the surrounding neighbourhood feel like?
While the house itself compares well on its block, it’s wise to research the broader Chalmers area. Look into community amenities, transit links, and the mix of well-kept versus dated properties to gauge overall neighbourhood appeal and investment trajectory.
5. What are the typical utility and maintenance costs for a home of this age?
A house built in 1948 may have older windows, insulation, and mechanical systems (like the furnace or plumbing) even with a renovated basement. Requesting recent utility bills and considering a thorough inspection for these aging components is a prudent step.
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