265 Martin Avenue W

Chalmers, Winnipeg

Property score

46.8

Below average

Overall 46.8 · Compared with neighbourhood average

866 sqft (bottom 45%) · Built in 1926 (8 yrs older than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 2 parks nearby

Living Area

Near average

9% smaller than neighborhood avg.

Year Built

Near average

8 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 7%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

46.8 is composed by the two sections below.

Property Score

33.2Low
Living Area866 sqft32Low
Year Built192620Low
Lot Size3,549 sqft46Low
Neighbourhood Sales Activity61Fair

Community Score

67.2Good
Household Income70Good
Education Level34Low
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110930

Community deep dive

$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

Population, labour & age

Population (2021)892
Labour force participation rate69%
Median age34.0
Avg household size2.5
Unemployment rate3%
Population density4955 / km²

Households & income

Low income (LIM-AT, % pop.)13%
Single-person households30%
Couple families with children16%
Median household income (2020)$68K

Housing

Renter households40%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority29%
Bachelor's or higher (25–64)18%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 6%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
866 sqft
0255075100
Same streetBottom 49%Same areaBottom 45%CitywideBottom 14%
Same street · Martin Avenue W
#213 / 419
Bottom 49% · Avg 948 sqft
Same area · Chalmers
#1,540 / 2,815
Bottom 45% · Avg 953 sqft
Citywide · Winnipeg
#167,743 / 194,458
Bottom 14% · Avg 1,342 sqft

Tax-Assessed Value

around average
224k
0255075100
Same streetTop 38%Same areaTop 37%CitywideBottom 12%
Same street · Martin Avenue W
#159 / 419
Top 38% · Avg 211.2k
Same area · Chalmers
#1,029 / 2,815
Top 37% · Avg 210.8k
Citywide · Winnipeg
#171,172 / 194,458
Bottom 12% · Avg 390.1k

Year Built

around average
1926
0255075100
Same streetBottom 49%Same areaTop 41%CitywideBottom 15%

Lot Size

around average
3,549 sqft
0255075100
Same streetTop 35%Same areaTop 31%CitywideBottom 20%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

265 Martin Avenue W — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 476 m), 1 education (nearest 467 m), 2 parks (nearest 326 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 10/2023CA$200k–250k
Sold price

Same street

Top 34%

Same area

Top 31%

City-wide

Bottom 17%
Sold 12/2021CA$200k–250k
Sold price

Same street

Top 42%

Same area

Top 41%

City-wide

Bottom 13%
Sold 5/2019CA$150k–200k
Sold price

Same street

Top 50%

Same area

Top 50%

City-wide

Bottom 10%

Related homes

Highlights & common questions: 265 Martin Avenue W, Winnipeg

Property Overview

This one-storey home, built in 1926, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its proportionally large, 3,549 sqft lot—a standout feature that ranks in the top 35% for the street. While the 866 sqft living area is modest and typical for the area, the property benefits from a renovated basement. Recent sale prices and the current assessed value are consistently below the Winnipeg city-wide average, indicating a more accessible entry point into the market.

The home suits first-time buyers or practical investors looking for a solid footprint and land to build upon, without the premium of a newer or larger house. It’s a property where value is derived more from potential and lot size than from current finishes or square footage. A thoughtful perspective is that this home represents a "blank canvas" property: its worth is closely tied to the land and the owner's vision for expansion or renovation, rather than immediate move-in luxury.


Frequently Asked Questions

1. Is the lot size a significant advantage?
Yes. The lot is substantially larger than many in the immediate area and ranks well above the local average. This provides valuable outdoor space and potential for additions, gardens, or storage.

2. What does "renovated basement" typically mean for a home of this age?
While specifics require inspection, in this context it usually indicates foundational updates like moisture control, insulation, and finished living space. It’s a key functional upgrade for a century-old home.

3. Who might this property not suit?
It may not suit those seeking a modern, low-maintenance home or extensive interior space without undertaking renovations. The living area is compact and the home will likely require ongoing upkeep consistent with its age.

4. How stable has the property's value been?
Recent sales show value has remained consistent and proportionate within the Chalmers neighbourhood, typically well below city-wide averages. This suggests it's a stable, if not rapidly appreciating, asset in its category.

5. Are the utility costs likely to be high?
Given the age and size, heating and maintenance costs could be higher per square foot than a newer home. However, the modest overall size and a renovated basement may help mitigate some of these potential expenses. An inspection would provide clarity.

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