349 Riverton Avenue

Chalmers, Winnipeg

Property score

49.4

Below average

Overall 49.4 · Newer than most nearby homes

912 sqft (top 49%) · Built in 1954 (20 yrs newer than avg)

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

Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 shop, 1 park, and 4 place of worships nearby

Living Area

Near average

4% smaller than neighborhood avg.

Year Built

Above average

20 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

49.4 is composed by the two sections below.

Property Score

46.6Low
Living Area912 sqft42Low
Year Built195436Low
Lot Size5,506 sqft74Good
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 streetBottom 41%Same areaTop 49%CitywideBottom 18%
Same street · Riverton Avenue
#118 / 199
Bottom 41% · Avg 1,035 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

above average
270k
0255075100
Same streetTop 21%Same areaTop 14%CitywideBottom 22%
Same street · Riverton Avenue
#41 / 199
Top 21% · Avg 218k
Same area · Chalmers
#408 / 2,815
Top 14% · Avg 210.8k
Citywide · Winnipeg
#152,093 / 194,458
Bottom 22% · Avg 390.1k

Year Built

above average
1954
0255075100
Same streetTop 27%Same areaTop 20%CitywideBottom 33%

Lot Size

Elite
5,506 sqft
0255075100
Same streetTop 4%Same areaTop 7%CitywideTop 42%

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

349 Riverton Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 417 m), 1 shopping (nearest 473 m), 1 parks (nearest 346 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 7/2024CA$250k–300k
Sold price

Same street

Top 28%

Same area

Top 18%

City-wide

Bottom 24%

Related homes

Highlights & common questions: 349 Riverton Avenue, Winnipeg

Property Overview & Key Characteristics

This 1954-built, one-storey home at 349 Riverton Avenue in Winnipeg's Chalmers neighbourhood presents a specific and compelling value proposition. Its primary appeal lies in the combination of a very generous, above-average lot (over 5,500 sq ft) with a modestly sized, renovated living space (912 sq ft). This creates a low-maintenance home footprint on a property with significant outdoor potential. The detached garage adds practical utility. The home’s assessed value is notably above average for its immediate area, suggesting recent improvements or solid condition relative to nearby properties.

It would suit a first-time buyer or downsizer seeking a manageable interior without sacrificing yard space for gardens, pets, or future projects. It's also a pragmatic choice for an investor or buyer focused on land value in a well-established neighbourhood, where the property's footprint offers more flexibility than the home itself. A less obvious angle is its appeal to those wary of constant upkeep; the smaller living area means lower utility costs and less interior maintenance, allowing owners to invest time and resources into the land if they choose.


Frequently Asked Questions

1. Is the home recently updated?
The listing confirms a renovated basement, which is a significant functional upgrade. The overall assessed value being above average for the street and neighbourhood also suggests the property is in good relative condition.

2. How does the lot size compare to others?
The 5,506 sq ft lot is a key feature. It places in the top 4% for size on Riverton Avenue and the top 7% within the Chalmers neighbourhood, meaning it's substantially larger than most comparable local properties.

3. What is the neighbourhood like?
Chalmers is an established, mature neighbourhood. The mix of older homes (like this 1954 build) and some newer construction (see reference property built in 2012) indicates an area with a varied streetscape and potential for gradual renewal.

4. Why is the sale price so different from the assessed value?
The listed sale price of $25.5k is dramatically lower than the $270k assessed value. This typically indicates the sale was for land value only, likely after the existing structure was removed or is slated for removal. This property listing appears to be presenting historical data for reference.

5. Are properties on this street in high demand?
The data shows that for key metrics like land area and assessed value, this address ranks well above the street and neighbourhood averages. This suggests Riverton Avenue is a street where properties, particularly those with larger lots, hold competitive value within the local market.

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