Property score
49.2
Below average
Overall 49.2 · Compared with neighbourhood average
928 sqft (top 47%) · Built in 1914 (20 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 dining spots, 1 school, 1 shop, and 3 parks nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Near average
20 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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49.2 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
262 Chalmers Avenue — 11 amenities found within 500 m, across 6 categories, including 2 dining (nearest 438 m), 1 education (nearest 296 m), 1 shopping (nearest 460 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 42% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1914 one-and-a-half storey home at 262 Chalmers Avenue presents a straightforward, value-oriented opportunity in Winnipeg's Chalmers neighbourhood. With 928 square feet of living space, a detached garage, and an unrenovated basement, its key characteristics are its modest scale and its historically low price point, evidenced by a recent 2023 sale and assessed value both under $20,000. The lot size of 3,331 sq ft is smaller than average for the street but is typical for the central neighbourhood.
The appeal lies primarily in its affordability and potential. It suits a very specific buyer: an investor looking for a rental property with minimal entry cost, a hands-on buyer planning a gradual, sweat-equity renovation, or someone seeking the absolute most economical entry into homeownership. A less obvious perspective is that its smaller lot and home size translate to lower ongoing utility and maintenance costs, which can be a significant long-term advantage. Its "around average" metrics within the immediate area suggest it's a typical property for Chalmers, offering a stable, no-frills investment in a mature community.
Frequently Asked Questions
1. Why is the price so low?
The price reflects the home's age, modest size, and the condition of its unfinished basement. It is positioned as a value purchase, likely requiring updates and cosmetic improvements.
2. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor and a second floor with sloped ceilings (under the roofline), which often contains bedrooms. The 928 sq ft living area includes both floors.
3. How does the lot size compare?
At 3,331 sq ft, the lot is smaller than most on Chalmers Avenue but is very close to the average for the broader Chalmers neighbourhood. It provides a manageable yard space.
4. Is the basement usable?
The basement exists but is noted as "not renovated." It likely provides fundamental utility space and storage but will require work to finish as living space.
5. What is the neighbourhood like?
Chalmers is an established, older Winnipeg neighbourhood. The property's metrics (year built, living area, value) are all around average for the area, indicating it's characteristic of this community's housing stock.
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