Property score
37.8
Below average
Overall 37.8 · Older than most nearby homes
988 sqft (top 39%) · 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, 1 shop, 5 parks, and 4 place of worships nearby
Living Area
Near average
4% 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)
1,193
206.3k
$226/sqft
1934
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Property score
37.8 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
below averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
218 Talbot Avenue — 12 amenities found within 500 m, across 4 categories, including 2 education (nearest 164 m), 1 shopping (nearest 50 m), 5 parks (nearest 124 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 15% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 21% | Bottom 4% |
218 Talbot Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 218 Talbot Avenue, Winnipeg
Property Overview & Key Characteristics
This one-and-a-half storey home, built in 1907, presents a classic Winnipeg character property on a generous 3,757 sqft lot in the Chalmers neighbourhood. Its key appeal lies in its solid foundation and significant potential. The living space is a functional 988 sqft with an existing, unrenovated basement offering additional possibilities. While the home itself may require updating, its assessed value ranks highly compared to most of Winnipeg, suggesting underlying value in the structure and location. The lot size is well above average for the street, providing valuable outdoor space or future expansion potential in a mature community.
This property is best suited for a hands-on buyer—whether a first-time purchaser looking for a project to build equity over time, or an investor seeking a character home with solid fundamentals. Its appeal is less about move-in-ready perfection and more about the opportunity to tailor a historic home to modern tastes on a sizable lot, all within a framework that the city’s assessment indicates is a substantiated value.
Frequently Asked Questions
1. What does the high ranking for assessed value actually mean?
The assessment ranking indicates that, relative to most properties in Winnipeg, this home’s official assessed value is in the top 8%. This doesn’t dictate market price, but it does signal that the city’s valuation model sees substantial worth here, often based on lot size, location, and building structure.
2. The home sold for $150k in 2016 and $13.9k in 2021. What explains this?
The 2021 sale price is almost certainly not a standard market transaction. It likely represents a nominal transfer between family members, a sale for back taxes, or a legal/financial restructuring. The 2016 sale at $150k is the more relevant market benchmark to consider.
3. Is the large lot an advantage for future expansion?
Potentially, yes. The lot is significantly larger than many on the same street. This provides not only more private outdoor space but could also improve feasibility for future additions, a garage, or landscaping projects, subject to local zoning bylaws.
4. How significant is the "unrenovated basement"?
This indicates the basement exists but is in original or utility condition. It offers space for storage, mechanical systems, and future development, but any finishing would be a project for the buyer, requiring proper assessment for moisture, ceiling height, and foundation condition.
5. The home is older—what should I prioritize in an inspection?
Given its age, a thorough inspection is essential. Key focuses should be the foundation integrity, roof condition, wiring (ensuring it's been updated from original knob-and-tube), plumbing, and the overall envelope for energy efficiency and moisture management. The inspection will define your renovation roadmap.