206 Talbot Avenue

Chalmers, Winnipeg

Property score

55.2

Fair

Overall 55.2 · Larger but older than most nearby homes

1,514 sqft (top 5%) · Built in 1907 (27 yrs older than avg)

Located in a below-average income area with median household income of ~43.2k

Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 2 schools, 2 shops, 5 parks, and 4 place of worships nearby

Living Area

Above average

59% larger than neighborhood avg.

Year Built

Below average

27 yrs older than neighborhood avg.

Mother tongue

English · 70%Tagalog · 6%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

55.2 is composed by the two sections below.

Property Score

66.1Good
Living Area79
1,514 sqftGood
Year Built10
1907Low
Lot Size91
7,515 sqftExcellent
Neighbourhood Sales Activity61
Fair

Community Score

38.8Low
Household Income45
Low
Education Level22
Low
Housing Stress42
Low
Core Housing Need25
Low
Employment Health52
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110682

Community deep dive

$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

Population, labour & age

Population (2021)569
Labour force participation rate68%
Median age35.2
Avg household size2.0
Unemployment rate22%
Population density4376 / km²

Households & income

Low income (LIM-AT, % pop.)34%
Single-person households51%
Couple families with children13%
Median household income (2020)$43K

Housing

Renter households88%
Condominium dwellings5%
Median dwelling value (owners)

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority31%
Bachelor's or higher (25–64)10%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,514 sqft
0255075100
Same streetTop 7%Same areaTop 5%CitywideTop 30%
Same street · Talbot Avenue
#27 / 384
Top 7% · Avg 997 sqft
Same area · Chalmers
#128 / 2,815
Top 5% · Avg 953 sqft
Citywide · Winnipeg
#57,543 / 194,458
Top 30% · Avg 1,342 sqft

Tax-Assessed Value

above average
264k
0255075100
Same streetTop 26%Same areaTop 16%CitywideBottom 20%
Same street · Talbot Avenue
#99 / 384
Top 26% · Avg 239.3k
Same area · Chalmers
#462 / 2,815
Top 16% · Avg 210.8k
Citywide · Winnipeg
#154,746 / 194,458
Bottom 20% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 17%Same areaBottom 11%CitywideBottom 4%

Lot Size

Elite
7,515 sqft
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 13%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

206 Talbot Avenue — 13 amenities found within 500 m, across 4 categories, including 2 education (nearest 126 m), 2 shopping (nearest 74 m), 5 parks (nearest 104 m).

Search radius
🏫Education2
🛒Shopping2
🌳Parks5
Worship4

Crime & Safety

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%

Sales History

Sold 10/2024CA$250k–300k
Sold price

Same street

Top 19%

Same area

Top 10%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 206 Talbot Avenue, Winnipeg

Property Overview: 206 Talbot Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home is defined by its substantial lot and generous living space, positioned within a historic Winnipeg neighbourhood. Its primary appeal lies in the rare combination of a very large, 7,515 sqft lot—placing it in the top tier for land size both on its street and in the broader Chalmers area—coupled with a living area (1,514 sqft) that is significantly above average for comparable local homes. The property features a one-and-a-half storey layout, an unrenovated basement, and a detached garage.

The appeal is for a specific, pragmatic buyer. It perfectly suits someone looking for a long-term project or a "blank canvas" with immense outdoor potential, whether for gardening, expansion, or simply enjoying ample private space in the city. The very high land-to-building ratio is its standout asset. It’s less suited for those seeking a move-in-ready modern home, as the age (built 1907) and unrenovated state imply a need for updates and systems review. A thoughtful perspective is recognizing that the below-average assessed value reflects its current condition, not its underlying asset value, which is firmly rooted in the land itself. This creates a clear value-adding opportunity for the right hands-on buyer.

Section 2: Frequently Asked Questions

1. What does "unrenovated basement" typically imply?
It means the basement is in original or functional condition, not updated with modern finishes. Buyers should budget for potential updates and plan for a professional inspection to assess the foundation, plumbing, and electrical systems common to homes of this era.

2. Why is the sale price higher than the assessed value?
Assessed value is for municipal tax purposes and often lags behind the current market, which is driven by buyer demand. The sale price reflects what a buyer recently paid for the property's unique combination of lot size and living space in today's market.

3. How significant is the lot size practically?
At over 7,500 sqft, the lot is a major feature. It offers rare potential for additions, outdoor living spaces, or landscaping projects that wouldn't be possible on a standard city lot, providing a sense of privacy and scope uncommon in the area.

4. Are there concerns with a home built in 1907?
Homes of this age possess character but require diligent evaluation. Prospective buyers should prioritize inspections for the structural integrity, roof, wiring, plumbing, and insulation. Historical charm often comes with the responsibility of modernizing core systems.

5. What is the neighbourhood (Chalmers) like?
Chalmers is an established, historic neighbourhood in Winnipeg. The property's lot and living area rank very highly within this area, suggesting it's a standout property in the community. As with any neighbourhood, visiting at different times of day to gauge traffic, noise, and overall community feel is recommended.