42.9
Below average
Property score
42.9
Below average
Overall 42.9
Smaller but newer than most nearby homes
713 sqft (bottom 22%)
Built in 1989 (55 yrs newer 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
25% smaller than neighborhood avg.
Year Built
Above average
55 yrs newer 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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42.9 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
349 Martin Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 294 m), 1 parks (nearest 248 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 | Top 31% | Top 29% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 38% | Bottom 38% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 349 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 349 Martin Avenue W in Chalmers presents a distinct profile. Its primary appeal lies in being a modern, low-maintenance entry point into the Winnipeg market. Built in 1989, it is a notably newer construction compared to most homes on its street and in the wider neighbourhood, which typically date back to the early 1900s. This suggests potentially fewer concerns with aging infrastructure and major systems.
The home is compact, with 713 sqft of living space and a renovated basement, suited for individuals, couples, or investors seeking an efficient layout. The lot size is also smaller than area averages, reducing yard upkeep. Its assessed value ranks above average for its immediate area, indicating it is viewed favorably within its local context. A key, less obvious perspective is that this property represents a trade-off: you gain a newer building but sacrifice the interior space and larger lot more common in the area. It would suit first-time buyers prioritizing modern build quality over square footage, downsizers looking for minimal maintenance, or investors seeking a relatively contemporary rental property in an established neighbourhood.
Section 2: Frequently Asked Questions
1. Is the property tax burden likely to be high?
While the assessed value is above average for its specific street and neighbourhood, it is below the city-wide average. Property taxes would likely be moderate relative to Winnipeg as a whole but may be higher than some older, smaller homes on the same block.
2. What does "renovated basement" imply for a bi-level?
In a bi-level, the basement is typically a walk-out or partially above-grade living space. A renovated basement here effectively adds usable living area, which is a significant advantage given the home's smaller main floor square footage.
3. How does the 2021 sale price of $230k relate to the current assessed value?
The assessed value is significantly lower than that recent sale price. This is not unusual, as municipal assessments for tax purposes often lag behind market sale prices and use different valuation models. It does not directly indicate the current market value.
4. With no garage, what are the parking options?
The listing indicates no garage. Buyers should verify on-site parking arrangements, such as a dedicated driveway or street permit requirements, which are common in older neighbourhoods.
5. The home is newer than most nearby, but is it larger?
No, that's the important distinction. While it's newer (1989 vs. ~1934 average), its living area is actually below the neighbourhood average. The appeal is in its age and condition, not its size.
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