3-387 Talbot Avenue

Chalmers, Winnipeg

Property score

50.7

Fair

Overall 50.7 · Smaller and older than most nearby homes

805 sqft (bottom 28%) · Built in 2010 (10 yrs older than avg)

Located in a average-income area with median household income of ~53.2k

Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 4 place of worships nearby

Living Area

Below average

42% smaller than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 70%Tagalog · 6%

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

Sold Count

10

Median price

362.2k

$/sqft

$221/sqft

Avg build year

2020

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Property score

50.7 is composed by the two sections below.

Property Score

50.9Fair
Living Area805 sqft32Low
Year Built201090Excellent
Neighbourhood Sales Activity61Fair

Community Score

50.5Fair
Household Income58Fair
Education Level44Low
Housing Stress42Low
Core Housing Need25Low
Employment Health60Fair

Neighbourhood Sales

Chalmers

No data yet — refresh community stats on the server if needed.

How to read: Share of sales in each ~$50k price band for “chalmers” (Condos, 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: #46110686

Community deep dive

$53K

Median household income

$57K

Average household income

24%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.6

P90 / P10 ratio

35%

Single-person households

14%

Families with children

Population, labour & age

Population (2021)442
Labour force participation rate65%
Median age38.4
Avg household size2.1
Unemployment rate13%
Population density5525 / km²

Households & income

Low income (LIM-AT, % pop.)24%
Single-person households35%
Couple families with children14%
Median household income (2020)$53K

Housing

Renter households50%
Condominium dwellings9%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority28%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 5%

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

Rankings

Living Area

above average
805 sqft
0255075100
Same streetTop 10%Same areaBottom 28%CitywideBottom 23%
Same street · Talbot Avenue
#1 / 10
Top 10% · Avg 805 sqft
Same area · Chalmers
#23 / 32
Bottom 28% · Avg 1,379 sqft
Citywide · Winnipeg
#20,700 / 26,841
Bottom 23% · Avg 1,042 sqft

Tax-Assessed Value

around average
154k
0255075100
Same streetTop 40%Same areaBottom 19%CitywideBottom 16%
Same street · Talbot Avenue
#4 / 10
Top 40% · Avg 154.3k
Same area · Chalmers
#26 / 32
Bottom 19% · Avg 237.1k
Citywide · Winnipeg
#22,664 / 26,841
Bottom 16% · Avg 256.1k

Year Built

above average
2010
0255075100
Same streetTop 10%Same areaBottom 28%CitywideTop 29%

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

3-387 Talbot Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 485 m), 1 education (nearest 420 m), 4 parks (nearest 403 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4
Worship4
🏛️Government1

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 4/2023CA$100k–150k
Sold price

Same street

Bottom 1%

Same area

Bottom 1%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 3-387 Talbot Avenue, Winnipeg

Property Overview

This is a compact, modern condo unit at 3-387 Talbot Avenue in Winnipeg's Chalmers neighbourhood. Built in 2010, it offers 805 square feet of living space. The property has no basement, pool, or private garage. It last sold in April 2023 for $13,500 and currently carries a municipal assessed value of $15,400.

Key Characteristics & Appeal

The primary appeal of this property lies in its modern build and efficient, low-maintenance layout. Being constructed in 2010, it is significantly newer than most homes in Winnipeg and is the newest building on its block, potentially reducing immediate repair concerns. Its compact size and lack of extra upkeep (like a yard or private garage) translate to a very manageable lifestyle and lower carrying costs.

However, the context is important. While it ranks highly for its age and size on its specific street, it falls below the neighbourhood and city averages for living space, assessed value, and recent sale price. This suggests it is a modest, entry-level property in the area.

It would best suit a first-time buyer, an investor looking for an affordable rental unit, or a downsizer seeking a modern, no-fuss home. Its value proposition is straightforward: a newer building at a very accessible price point, trading space and amenities for simplicity and modern construction.

Frequently Asked Questions

1. Why is the assessed value higher than the 2023 sale price?
Municipal assessments are for taxation purposes and are based on mass appraisal models from a prior valuation date. The sale price reflects the actual market value at the time of transaction, which can be influenced by many factors, including condition, specific buyer demand, and market trends.

2. What does "below average" for the neighbourhood mean in practical terms?
The data shows that, within Chalmers, this unit has less square footage and a lower assessed value than most comparable properties. This isn't necessarily negative—it simply confirms its position as one of the more affordable and compact options in the area.

3. Are there any maintenance fees or condo fees?
The provided details do not specify this. As it is a unit within a numbered address (3-387), it is essential to determine if it is a condominium with associated monthly fees, which would impact the total cost of ownership.

4. What are the implications of having no private garage?
This means parking is likely on-street or in a shared lot. Prospective buyers should inquire about dedicated parking arrangements, winter parking bans, and general vehicle security.

5. How does its newer build (2010) compare to nearby homes?
This is a key advantage. Many nearby comparable properties were built in the early 1900s. A 2010 build likely means more modern building materials, electrical systems, insulation, and windows, which can mean greater energy efficiency and fewer major renovations in the near term.

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