Property score
50.7
Fair
Overall 50.7 · Smaller and older than most nearby homes
805 sqft (bottom 28%) · Built in 2010 (10 yrs older than avg)
Located in a average-income area with median household income of ~53.2k
Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 4 place of worships nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 70%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
10
362.2k
$221/sqft
2020
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
50.7 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” (Condos, 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: #46110686
$53K
Median household income
$57K
Average household income
24%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
35%
Single-person households
14%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
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
2-387 Talbot Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 1 education (nearest 420 m), 4 parks (nearest 403 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 17% | Top 50% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, modern property built in 2010, offering 805 square feet of living space. Its key appeal lies in its relative newness and efficient footprint, presenting a low-maintenance living option. The home sits on Talbot Avenue in the Chalmers neighbourhood and features no basement, pool, or garage.
The data reveals a property of contrasts. For its immediate street, it ranks highly, being newer and comparable in size and value to its direct neighbours. However, within the broader Chalmers area and city-wide, it falls below average for living space and assessed value. This suggests it is a distinctly modest offering within its community, which translates to a very accessible price point. It last sold in May 2022 for $15,800.
This home would suit a specific buyer: a first-time purchaser or an investor seeking an entry point into the market with a newer build that requires minimal immediate work. It could also appeal to someone looking to downsize or live simply without the upkeep of a larger, older home. Its value proposition is modern essentials at a minimal cost, rather than space or premium finishes.
Frequently Asked Questions
1. What does "below average" for the neighbourhood and city actually mean for a buyer?
While the home is smaller and has a lower assessed value than many Chalmers and Winnipeg properties, this is precisely what creates its affordability. You are trading space for a newer building (2010) that likely has more modern systems and less risk of major repair than the area's many century-old homes.
2. The home has no basement, pool, or garage. How significant are these omissions?
The lack of these features underscores the home's low-maintenance, simplified nature. It eliminates concerns over basement flooding or garage upkeep. However, it also means no traditional storage or utility space, so creative storage solutions or a willingness to live with less will be important.
3. The assessed value is notably low. Does this indicate a problem?
Not necessarily. The assessed value is used for calculating property taxes and is influenced by the home's modest size and basic features. The close alignment between its last sale price ($15,800) and its current assessed value ($15,500) suggests the valuation is stable and market-based.
4. Who are the most likely neighbours, given the multiple units at 387 Talbot Avenue?
The listing shows several units (e.g., 3-387, 6-387) at the same address, indicating this is likely a multi-unit property such as a condominium or townhouse complex. This offers a sense of community but also means shared walls and common area responsibilities.
5. Is this a good investment property?
Its low entry cost and newer build could make it a candidate for a rental investment, as major capital expenses may be deferred. However, potential returns should be weighed against the fees associated with a multi-unit complex (if applicable) and the fact that its modest size will attract a specific tenant demographic.
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.
