218 Talbot Avenue

Chalmers, Winnipeg

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)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

37.8 is composed by the two sections below.

Property Score

37.2Low
Living Area42
988 sqftLow
Year Built10
1907Low
Lot Size46
3,757 sqftLow
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

around average
988 sqft
0255075100
Same streetTop 37%Same areaTop 39%CitywideBottom 25%
Same street · Talbot Avenue
#143 / 384
Top 37% · Avg 997 sqft
Same area · Chalmers
#1,107 / 2,815
Top 39% · Avg 953 sqft
Citywide · Winnipeg
#145,831 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

around average
176k
0255075100
Same streetBottom 12%Same areaBottom 33%CitywideBottom 5%
Same street · Talbot Avenue
#339 / 384
Bottom 12% · Avg 239.3k
Same area · Chalmers
#1,886 / 2,815
Bottom 33% · Avg 210.8k
Citywide · Winnipeg
#183,993 / 194,458
Bottom 5% · Avg 390.1k

Year Built

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

Lot Size

above average
3,757 sqft
0255075100
Same streetBottom 41%Same areaTop 28%CitywideBottom 22%

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).

Search radius
🏫Education2
🛒Shopping1
🌳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 1/2021CA$100k–150k
Sold price

Same street

Bottom 9%

Same area

Bottom 15%

City-wide

Bottom 3%
Sold 9/2016CA$150k–200k
Sold price

Same street

Bottom 13%

Same area

Bottom 21%

City-wide

Bottom 4%

Related homes

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.