33.0
Below average
Property score
33.0
Below average
Overall 33.0
Smaller and older than most nearby homes
680 sqft (bottom 17%)
Built in 1911 (23 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
23 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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33.0 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: #46110931
$68K
Median household income
$74K
Average household income
19%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.4
P90 / P10 ratio
29%
Single-person households
17%
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
342 Martin Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 280 m), 1 parks (nearest 253 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 28% | Bottom 29% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 342 Martin Avenue W, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1911, situated on a standard city lot in the Chalmers neighbourhood. Its primary appeal lies in its simplicity and potential. With 680 square feet of living space and an unrenovated basement, it presents a straightforward, manageable footprint. The lot size, while below average for the city, is typical for the immediate area, offering modest outdoor space with minimal upkeep.
The property is best suited for a specific type of buyer. It would be an ideal entry point for a first-time homeowner comfortable with a project, or an investor looking for a rental property with a low entry cost. Its scale makes ongoing property taxes and maintenance costs relatively predictable. A thoughtful perspective is its potential as a "right-sized" home for someone seeking to downsize without moving into a condo, offering ground-level living and a small yard. The recent sale in August 2024 suggests it is a turnkey property, but the unrenovated basement indicates room for future customization or value addition according to an owner's needs and budget.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for this home?
It primarily means the home is smaller and older than many properties in Winnipeg. However, within its own street and neighbourhood context, it is quite typical. This translates to a lower purchase price and assessed value, which can be an advantage for budget-conscious buyers.
2. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." It is likely a classic, unfinished cellar space suitable for mechanical systems and general storage, but not designed as living space.
3. What is the parking situation without a garage?
The property has no garage. Parking would be on-street. Prospective buyers should visit to assess typical parking availability on Martin Avenue W.
4. How does the recent sale price compare to the assessed value?
The home sold for $16,400 in August 2024, which was slightly above its last assessed value of $15,900. This close alignment suggests the sale was near market value at that time.
5. Are the mechanical systems (furnace, wiring, plumbing) original due to the home's age?
While the home is from 1911, the systems have almost certainly been updated at some point. A key step for any buyer would be to determine the age and condition of the roof, furnace, and electrical service during an inspection.
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