Property score
47.5
Below average
Overall 47.5 · Older than most nearby homes
994 sqft (top 39%) · Built in 1909 (25 yrs older than avg)
Located in a above-average income area with median household income of ~74k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 3 parks nearby
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Below average
25 yrs older 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
47.5 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
197 Gordon Avenue — 16 amenities found within 500 m, across 6 categories, including 1 dining (nearest 297 m), 2 education (nearest 112 m), 2 shopping (nearest 242 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 49% | Bottom 47% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 197 Gordon Avenue in Winnipeg's Chalmers neighbourhood is a classic character property built in 1909. It sits on a 2,744 sqft lot, which is notably above average for its immediate street. The living space is approximately 994 sqft, and the home features a detached garage and a basement that is present but not renovated. Its most defining characteristic is its significantly low municipal assessed value, which places it in the bottom tier citywide, suggesting it is a prime candidate for value-driven investment or a substantial renovation project.
Key Characteristics & Appeal
The appeal of this property lies in its underlying value and potential. The lot size is a strong asset for the area, offering more outdoor space than many neighbouring homes. The low assessed value and its recent sale price indicate an entry point well below the city average, creating a clear opportunity for equity building through updates. This home would suit a buyer looking for a hands-on project, whether as a live-in renovation, a hold-for-land-value investment, or a candidate for a complete rebuild. It’s less suited for someone seeking a move-in-ready home, given the noted unrenovated basement and the age of the structure. A thoughtful perspective is to view it not just as a house, but as a strategic parcel of land in a mature neighbourhood where the value may be more heavily weighted to the property itself than the current structure.
Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a home of this era?
It usually indicates a home with a full main floor and a second floor under a sloped roof, where the upstairs rooms may have lower ceilings or dormer windows, common in early 20th-century designs.
2. The assessed value seems extremely low compared to the city average. Why is that?
Municipal assessments are based on a mass appraisal system considering factors like age, size, condition, and recent sales. A very low assessment on an older, unrenovated home suggests the city views the current state as significantly below typical market standards for living space.
3. Is the unrenovated basement finished or usable?
The listing specifies it is "not renovated," which typically means it is in a rough, unfinished state—likely with concrete walls and floors, and housing only mechanical systems. It presents potential for future development.
4. How significant is the above-average lot size for this street?
Having a lot size in the top 27% on Gordon Avenue is a tangible advantage. It provides more private outdoor space and potential for additions, gardens, or parking than many nearby properties, which can be a key differentiator.
5. Given the low sale price, what are the major considerations before purchasing?
Prospective buyers should budget thoroughly for potential updates to major systems (roof, wiring, plumbing) inherent to a 117-year-old home, and investigate any zoning or heritage restrictions that might affect renovation or redevelopment plans. The price reflects the need for significant investment.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
