341 Talbot Avenue

Chalmers, Winnipeg

43.8

Below average

Overall 43.8

Older than most nearby homes

912 sqft (top 49%)

Built in 1910 (24 yrs older than avg)

Located in a average-income area

with median household income of ~53.6k

Transit 100.0

1-min walk to transit with 6 nearby routes

Within 500m: 1 shop, 1 park, and 4 place of worships nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Below average

24 yrs older 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

43.8 is composed by the two sections below.

Property Score

37.2Low
Living Area912 sqft42Low
Year Built191010Low
Lot Size3,634 sqft46Low
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

around average
912 sqft
0255075100
Same streetTop 47%Same areaTop 49%CitywideBottom 18%
Same street · Talbot Avenue
#180 / 384
Top 47% · Avg 997 sqft
Same area · Chalmers
#1,366 / 2,815
Top 49% · Avg 953 sqft
Citywide · Winnipeg
#160,199 / 194,458
Bottom 18% · Avg 1,342 sqft

Tax-Assessed Value

below average
127k
0255075100
Same streetBottom 1%Same areaBottom 3%CitywideBottom 2%
Same street · Talbot Avenue
#382 / 384
Bottom 1% · Avg 239.3k
Same area · Chalmers
#2,732 / 2,815
Bottom 3% · Avg 210.8k
Citywide · Winnipeg
#191,502 / 194,458
Bottom 2% · Avg 390.1k

Year Built

below average
1910
0255075100
Same streetBottom 23%Same areaBottom 18%CitywideBottom 6%

Lot Size

above average
3,634 sqft
0255075100
Same streetBottom 35%Same areaTop 30%CitywideBottom 21%

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

341 Talbot Avenue — 6 amenities found within 500 m, across 3 categories, including 1 shopping (nearest 408 m), 1 parks (nearest 322 m).

Search radius
🛒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 9/2022CA$100k–150k
Sold price

Same street

Bottom 8%

Same area

Bottom 14%

City-wide

Bottom 3%

Related homes

Highlights & common questions: 341 Talbot Avenue, Winnipeg

Property Overview

This one-and-three-quarter storey home on Talbot Avenue, built in 1910, presents a straightforward opportunity centered on its land and location. With 912 sqft of living space and an unrenovated basement, the house itself is modest and requires updating. Its primary asset is the 3,634 sqft lot, which is notably larger than many city-wide averages and offers room for expansion or outdoor use. The appeal here is largely for value-focused buyers: investors, first-time buyers comfortable with a project, or those specifically seeking a lower-priced entry into the Chalmers neighbourhood. The very low assessed and recent sale values indicate this is a foundational property, suited for someone whose priority is securing land and a structure to customize over time, rather than a move-in-ready home.

Frequently Asked Questions

What does "one & 3/4 storey" mean?
This is a common Winnipeg architectural style where the second floor has sloped ceilings following the roofline, creating cozy but potentially space-efficient rooms. The full upper floor is usable but may have limited headroom in some areas.

Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value reflects the property's current state, age, and modest size relative to the market. It indicates the home is likely valued primarily for its land and location, with the existing structure contributing less to the overall worth.

Is the large lot a benefit for future plans?
Yes. The lot size is above average for the Chalmers area, providing more flexibility than many neighbouring properties. This could be advantageous for adding a garage, creating larger garden spaces, or even future expansion, subject to local zoning bylaws.

What should I budget beyond the purchase price?
Given the age and mention of an unrenovated basement, buyers should plan for ongoing maintenance and potential updates. Initial priorities might include a thorough inspection of the foundation, roof, and major systems, with a budget for essential repairs before cosmetic improvements.

How does the sale history inform an offer?
The property sold for $13,500 in late 2022. This recent transaction at a similar price point suggests a stable, low-value market for this specific home, which can help in setting realistic expectations for its current market value and investment potential.

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