50.4
Fair
Property score
50.4
Fair
Overall 50.4
Larger but older than most nearby homes
1,440 sqft (top 5%)
Built in 1912 (22 yrs older than avg)
Located in a below-average income area
with median household income of ~43.2k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 2 schools, 1 shop, 2 parks, and 5 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
51% larger than neighborhood avg.
Year Built
Below average
22 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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50.4 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: #46110682
$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
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
254 Riverton Avenue — 10 amenities found within 500 m, across 4 categories, including 2 education (nearest 295 m), 1 shopping (nearest 130 m), 2 parks (nearest 105 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 | Bottom 15% | Bottom 21% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-three-quarter storey home on Riverton Avenue is a classic Winnipeg character home built in 1912. Its primary appeal lies in offering above-average interior space on a decent-sized lot for the area, presenting a solid value proposition. With 1,440 sqft of living area, the home ranks in the top 10% on its street and top 5% in the Chalmers neighbourhood for size, offering more room than many comparable properties. The 3,779 sqft lot is slightly above average for the immediate area. The home has an unrenovated basement and no garage. It last sold in 2017.
This property would suit a buyer looking for a character home with good bones and generous room proportions, who is prepared for the maintenance or potential updates that come with a century-old house. It’s a practical choice for those seeking space and location in Chalmers at a value price point, likely appealing to first-time homeowners, investors, or downsizers comfortable with a project. A thoughtful perspective is that while the assessed value is modest, the above-average living space for the area could mean a lower cost per square foot, offering efficient use of a renovation budget.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style where the second floor has slightly sloped ceilings because the roof line begins partway into the upper level, often creating cozy bedrooms with character.
2. The assessed value seems very low compared to the last sale price. Why?
Municipal assessed value for tax purposes is often significantly lower than market value and is not a direct indicator of a home's selling price. The sale price reflects what a buyer was willing to pay in the open market.
3. How does the lot size compare practically?
At 3,779 sqft, the lot is larger than the Chalmers neighbourhood average, offering more outdoor space than many nearby homes, but is smaller than the typical city-wide lot. This suggests a good balance of yard space without excessive maintenance.
4. What are the implications of the "unrenovated basement"?
This typically means the basement is in its original or functional state, likely with concrete floors and exposed utilities. It offers potential for future finishing but requires a thorough inspection for moisture issues common in older homes.
5. The home is older than average for the city. What should I consider?
A 1912 home will have character but requires diligent inspection for foundational integrity, updated wiring and plumbing, roof condition, and energy efficiency. Its above-average living area for the neighbourhood, however, suggests a well-built, spacious home for its era.
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