56.9
Fair
Property score
56.9
Fair
Overall 56.9
Larger than most nearby homes
1,296 sqft (top 10%)
Built in 1913 (21 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, 1 school, 1 park, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
36% larger than neighborhood avg.
Year Built
Below average
21 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
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56.9 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
227 Martin Avenue W — 6 amenities found within 500 m, across 5 categories, including 1 dining (nearest 438 m), 1 education (nearest 404 m), 1 parks (nearest 175 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 42% | Top 41% | Bottom 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 227 Martin Avenue W, Winnipeg
Key Characteristics & Buyer Appeal
This one-and-three-quarter storey home, built in 1913, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in offering above-average interior space on a standard city lot. With 1,296 sqft of living area, the home ranks in the top 10% for size both on its street and within Chalmers, making it a notably roomier option compared to many neighbouring properties. The lot size of 2,806 sqft is typical for the area, providing manageable outdoor space without excessive maintenance demands.
The home suits buyers looking for value in established neighbourhoods, particularly those who prioritize interior square footage over a fully renovated state. It’s a fit for handy buyers or those with a renovation budget, as the basement is noted as unrenovated. The lower assessed value and recent sale price point to a property where the value is grounded more in its spatial footprint and potential than in modern finishes. A thoughtful perspective for a buyer is to consider the trade-off: you're acquiring significantly more interior room than nearby homes, but likely assuming the project of updating an older structure to modern standards.
Frequently Asked Questions
1. What does "one & 3/4 storey" mean?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor with sloping ceilings where the roofline begins, making the upstairs rooms cozier. It often provides efficient use of space and a distinctive character.
2. How does the living area compare to nearby homes?
This home’s living area is a standout feature. At 1,296 sqft, it is substantially larger than the average for both Martin Avenue W (948 sqft) and the Chalmers neighbourhood (953 sqft).
3. What is the significance of the assessed value being lower than the city average?
The assessed value is for municipal tax purposes and is based on a mass appraisal system. A value significantly below the citywide average is common for older homes in established neighbourhoods and reflects factors like age, condition, and local market trends, not just size.
4. Are there any immediate major costs to anticipate?
Given the age of the home (1913) and the unrenovated basement, prospective buyers should budget for potential updates to major aging systems, such as plumbing, electrical, or the foundation, and should prioritize a thorough inspection.
5. How does the lot size affect maintenance and potential?
At just under 2,800 sqft, the lot is very manageable for upkeep. While it offers space for a garden or patio, it may not accommodate large additions or a detached garage without creative planning, due to its relatively standard dimensions for the street.
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