315 Riverton Avenue

Chalmers, Winnipeg

Property score

66.7

Good

Overall 66.7 · Larger and newer than most nearby homes

1,920 sqft (top 2%) · Built in 1962 (28 yrs newer than avg)

Located in a average-income area with median household income of ~53.6k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 1 dining spot, 1 shop, 1 park, and 4 place of worships nearby

Living Area

Above average

101% larger than neighborhood avg.

Year Built

Above average

28 yrs newer than neighborhood avg.

Mother tongue

English · 73%Tagalog · 5%

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

66.7 is composed by the two sections below.

Property Score

75.4Good
Living Area1,920 sqft92Excellent
Year Built196246Low
Lot Size4,407 sqft53Fair
Neighbourhood Sales Activity61Fair

Community Score

53.6Fair
Household Income58Fair
Education Level22Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110683

Community deep dive

$54K

Median household income

$63K

Average household income

23%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

38%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)615
Labour force participation rate72%
Median age34.0
Avg household size2.3
Unemployment rate11%
Population density6150 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households38%
Couple families with children20%
Median household income (2020)$54K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority37%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

Elite
1,920 sqft
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 13%
Same street · Riverton Avenue
#7 / 199
Top 4% · Avg 1,035 sqft
Same area · Chalmers
#45 / 2,815
Top 2% · Avg 953 sqft
Citywide · Winnipeg
#24,997 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

Elite
384k
0255075100
Same streetTop 4%Same areaTop 2%CitywideTop 43%
Same street · Riverton Avenue
#7 / 199
Top 4% · Avg 218k
Same area · Chalmers
#52 / 2,815
Top 2% · Avg 210.8k
Citywide · Winnipeg
#83,066 / 194,458
Top 43% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 18%Same areaTop 13%CitywideBottom 44%

Lot Size

above average
4,407 sqft
0255075100
Same streetTop 13%Same areaTop 19%CitywideBottom 33%

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

315 Riverton Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 467 m), 1 shopping (nearest 375 m), 1 parks (nearest 250 m).

Search radius
🍽️Dining1
🛒Shopping1
🌳Parks1
Worship4

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 10/2024CA$350k–400k
Sold price

Same street

Top 3%

Same area

Top 2%

City-wide

Top 37%
Sold 5/2017CA$300k–350k
Sold price

Same street

Top 9%

Same area

Top 6%

City-wide

Bottom 45%

Related homes

Highlights & common questions: 315 Riverton Avenue, Winnipeg

Property Overview: 315 Riverton Avenue, Winnipeg

Key Characteristics & Appeal

This two-storey home on Riverton Avenue presents a compelling blend of space, value, and established character. Built in 1962, it sits on a generous 4,407 sqft lot that is well above average for both the street and the broader Chalmers neighbourhood. The home’s primary standout feature is its significant 1,920 sqft of living area, which ranks in the elite top 4% of homes on its street and top 2% in Chalmers, offering substantially more interior space than most comparable properties.

Its appeal lies in this rare combination of a large lot and spacious interior for the area, coupled with a recently renovated basement that adds functional living space. The sale history shows a notable and well-above-average sale price for the neighbourhood in late 2024, indicating strong market recognition of these attributes. It suits buyers looking for a home with room to grow or simply more square footage than is typical in the area, without the premium price tag of newer subdivisions. It’s particularly well-matched for those who value established communities, larger lot sizes, and the potential that comes with a renovated lower level.

Frequently Asked Questions

1. How does the assessed value relate to the recent sale price?
The home’s assessed value is $38.40k, but it sold for $38.50k in October 2024. This indicates the sale price was closely aligned with its municipal assessment at that time, which is common. The significant jump from its 2017 sale price of $320k to the 2024 price reflects the substantial increase in its assessed value over that period.

2. Is the large living area due to finished spaces like the basement?
The 1,920 sqft living area metric typically includes all above-grade finished space. The listing specifically notes a renovated basement, which would provide additional, valuable living space beyond this already large main-floor and second-floor total.

3. What does the "elite" ranking for living area practically mean for me?
Practically, it means this home offers roughly twice the interior living space of the average comparable home on Riverton Avenue (1,035 sqft avg.) and in Chalmers (953 sqft avg.). You are getting a significantly larger house for the neighbourhood.

4. The home was built in 1962. What should I consider?
While newer than many homes on the street (top 18%), a 60+ year-old home will have its original major systems, like plumbing and electrical. A thorough inspection is essential. The renovated basement is a positive update, but the condition of the roof, windows, and foundation should be key focal points.

5. There’s no garage. How does that impact value and lifestyle here?
The lack of a garage is a trade-off for the large lot and home size at this price point. It’s important to view the lot size (4,407 sqft) as a potential asset—there may be space for off-street parking or future addition, subject to local bylaws. For many buyers in established neighbourhoods, on-street parking is a common and accepted lifestyle adjustment.

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