49.2
Below average
Property score
49.2
Below average
Overall 49.2
Larger than most nearby homes
1,135 sqft (top 22%)
Built in 1914 (20 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
Above average
19% larger than neighborhood avg.
Year Built
Near average
20 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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49.2 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
354 Martin Avenue W — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 254 m), 1 parks (nearest 217 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 47% | Bottom 46% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a practical opportunity. Built in 1914, it features a 1,135 sqft living area, which is notably above average for its immediate area, and sits on a 2,264 sqft lot with a detached garage. The property includes a basement that has not been renovated. Its last recorded sale was in February 2021 for $190,000, and it currently holds an assessed value of $210,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient use of space and its position as a relatively affordable entry point into the Winnipeg market. With a living area that ranks in the top 23% compared to similar homes on its street, it offers more interior space than many of its peers. This makes it a practical choice for a first-time buyer, an investor, or someone looking to downsize without feeling cramped. The detached garage adds functional value for vehicle storage or as a workshop.
Its assessed value is below the city-wide average, suggesting a lower property tax burden relative to many Winnipeg homes. The lot size, while smaller than average for the city, is typical for the established Chalmers area. A thoughtful perspective is that this home represents a "value-over-style" proposition: it prioritizes functional interior space and core affordability over modern finishes or a large yard, appealing to those focused on essentials. It would suit a buyer comfortable with a home of vintage character, possibly looking for a liveable property with the potential to update the basement over time.
Frequently Asked Questions
1. What does "above average" living area actually mean for this home?
It means that at 1,135 sqft, this home offers more interior space than roughly 77% of comparable properties on its own street. For the neighbourhood, it's also in the top 22% for size. This is its standout feature compared to local peers.
2. How does the lot size impact potential for expansion or outdoor space?
The 2,264 sqft lot is below the city average. This likely means a smaller backyard and may limit possibilities for large additions. However, it is a very typical lot size for the Chalmers area and requires less maintenance.
3. The home was built in 1914. What should I consider?
While the structure is over a century old, the data shows its build year is around average for its street and neighbourhood. Buyers should budget for potential updates to older mechanical systems, insulation, and windows, and are advised to get a thorough inspection.
4. What is the significance of the assessed value being "below average" citywide?
With an assessed value ranking in the top 90% citywide (meaning 90% of city homes are assessed higher), this property likely carries a below-average property tax bill compared to the Winnipeg median. This is a key ongoing cost savings.
5. Are the nearby "similar value" properties good indicators for this home's worth?
The listed properties with similar assessed values are in different neighbourhoods (like Varsity View and Westdale), which highlights how assessment values are specific to location. It's more relevant to compare this home to its recent 2021 sale price and to current listings in Chalmers for market value.
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