Property score
36.9
Below average
Overall 36.9 · Smaller than most nearby homes
700 sqft (bottom 20%) · Built in 1944 (10 yrs newer than avg)
Located in a average-income area with median household income of ~57.2k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 shops, and 1 park nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Near average
10 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 4%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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36.9 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: #46110681
$57K
Median household income
$61K
Average household income
32%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
31%
Single-person households
15%
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
261 Gordon Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 448 m), 2 education (nearest 310 m), 2 shopping (nearest 354 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 10% | Bottom 15% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 261 Gordon Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1944, situated on a notably generous 3,800 sqft lot in the Chalmers neighbourhood. Its primary appeal lies in the land itself—the lot size is well above average for both the immediate street and the broader area, representing significant potential for expansion, gardening, or outdoor living. The house is modest, with 700 sqft of living space and an unrenovated basement, positioning it as a true blank canvas or a starter home.
Its strongest suit is for value-focused buyers: first-time homeowners, investors, or builders looking for a property where the value is in the land rather than the existing structure. It’s also a practical fit for someone seeking a lower-cost entry into a stable neighbourhood without the premium for a modernized home. A less obvious perspective is its appeal to those who prefer a manageable, smaller interior footprint but desire ample private outdoor space—a combination that can be rare in older neighbourhoods.
Frequently Asked Questions
1. Is this a teardown or a renovation project?
Given the home's smaller size, age, and unrenovated state, it could be seen as either. The above-average lot size makes it suitable for eventual replacement, but the structure may also be viable for a careful, budget-conscious expansion or update.
2. How does the very low assessed value work?
The assessed value is for taxation purposes and reflects the property's current state and market influences at the time of assessment. It is significantly below the citywide average, which typically indicates a modest improvement value relative to the land. The sale price will be determined by the current market.
3. What are the real costs beyond the purchase price?
Buyers should budget for updating essential systems (roof, wiring, plumbing) given the home's age, and for developing the basement if living space is a priority. The large lot may also entail higher maintenance costs or landscaping investments.
4. Who would this property not suit?
It would not suit buyers looking for a move-in-ready home, those needing multiple bedrooms or ample finished space immediately, or anyone uncomfortable with taking on a project.
5. Why is the lot size important here?
In established neighbourhoods, land is the scarce resource. A lot size in the top 8% on its street offers privacy, space for additions, and future flexibility that smaller lots do not, which is a key long-term value driver for this property.
