Property score
58.7
Fair
Overall 58.7 · Larger and newer than most nearby homes
1,119 sqft (top 24%) · Built in 1948 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 shop, and 2 parks nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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58.7 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” (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: #46110930
$68K
Median household income
$77K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
16%
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
242 Chalmers Avenue — 12 amenities found within 500 m, across 6 categories, including 1 dining (nearest 362 m), 1 education (nearest 242 m), 1 shopping (nearest 392 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 37% | Top 32% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 242 Chalmers Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key features include a renovated basement and a detached garage on a 4,102 sqft lot. The appeal lies in its solid positioning within its immediate area: the living space (1,119 sqft) is notably above average for both the street and the neighbourhood, offering more room than many comparable homes. The lot size is also generous for the local context. A thoughtful perspective is that while the home is older, its assessed value ranks well above average locally, suggesting it is viewed as a solid asset within the community. This property would suit a first-time buyer or an investor looking for a character home with updated fundamentals (like the basement) in an established neighbourhood, where the value is derived more from its local standing than city-wide comparisons.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 4,102 sqft is above average for the Chalmers neighbourhood and about average for Chalmers Avenue itself, offering good outdoor space for the area.
2. Is the living space typical for a home of this era and style?
No, it's actually a standout feature. The living area is in the top quarter for both the street and the broader neighbourhood, meaning it offers more interior space than most direct comparables.
3. What does the assessed value indicate?
The assessed value ranks in the top 21% for the neighbourhood, which is positive. However, it's important to note this is well below the Winnipeg city-wide average, highlighting the property's affordability and the variation in values across different city districts.
4. Are there any recent comparable sales nearby?
The provided data references two nearby homes on Martin Avenue W, both older (built 1910-1914) with similar living areas and assessed values, offering a benchmark for pre-renovated or different-condition homes in the same vicinity.
5. What is the condition of the major systems given the home's age?
While the listing confirms a renovated basement, the age of major systems like roof, plumbing, and electrical should be verified through a professional inspection, as the home is over 75 years old.
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