Property score
40.2
Below average
Overall 40.2 · Smaller and older than most nearby homes
700 sqft (bottom 20%) · Built in 1912 (22 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
22 yrs older 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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40.2 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
261 Union Avenue W — 6 amenities found within 500 m, across 5 categories, including 2 dining (nearest 470 m), 1 education (nearest 375 m), 1 parks (nearest 253 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 28% | Bottom 29% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 261 Union Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a modest lot in the Chalmers neighbourhood. Its key characteristics are its simplicity and affordability. The home has 700 sqft of living space, a basement that is present but unrenovated, and no garage. The lot size is smaller than most in the area, and the home's assessed value is notably below city averages.
The primary appeal lies in its position as a true entry-point into homeownership or a potential hold for land value. It suits a very specific buyer: someone seeking the lowest possible price point for a standalone house, perhaps a first-time buyer comfortable with a project, an investor looking for a rental property with minimal upfront investment, or someone interested in the long-term land value in a mature neighbourhood. It’s not a move-in-ready home but a foundational asset. A less obvious perspective is that a home of this age and condition offers a clear, unvarnished starting point—there are no costly recent renovations to factor into the price, allowing a new owner to tailor any updates to their own budget and taste over time.
Section 2: Frequently Asked Questions
1. What is the actual condition of the property?
The listing notes the basement is "not renovated," which typically means it is in original, utilitarian condition. Given the home's age (114 years), buyers should budget for essential systems updates and plan for a thorough inspection to understand the full scope of needed maintenance.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, older age, and likely its condition relative to the broader market. It is consistent with other homes of similar scale and vintage in the immediate area, as shown in the comparable listings.
3. Is there potential for expansion or adding a garage?
The lot is smaller than average for the street and neighbourhood, which may limit options for significant expansions or additions. Any plans for additions or outbuildings would require careful review of local zoning bylaws and lot coverage rules.
4. What is the neighbourhood like?
The home is in Chalmers, a mature neighbourhood with a mix of housing styles and ages. The proximity to nearby, similarly valued properties suggests a consistent, established streetscape. Prospective buyers should visit at different times to gauge the area's character.
5. How does the recent sale price compare to the assessment?
The home sold for $16,300 in August 2022, which was very close to its assessed value at the time. This indicates the assessment is a realistic reflection of its market value for tax purposes, not a listing price.
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