53.0
Fair
Property score
53.0
Fair
Overall 53.0
Newer than most nearby homes
1,004 sqft (top 37%)
Built in 1953 (19 yrs newer than avg)
Located in a average-income area
with median household income of ~53.6k
Transit 100.0
1-min walk to transit with 7 nearby routes
Within 500m: 1 dining spot, 1 school, 2 parks, and 4 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Above average
19 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 5%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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53.0 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: #46110683
$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
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
358 Riverton Avenue — 9 amenities found within 500 m, across 5 categories, including 1 dining (nearest 452 m), 1 education (nearest 465 m), 2 parks (nearest 391 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 43% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 358 Riverton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1953, sits on a notably large lot in the Chalmers neighbourhood. Its primary appeal lies in the land itself—at nearly 6,000 square feet, the property is significantly larger than most in the immediate area and ranks within the top 3% for lot size on Riverton Avenue. The home features a renovated basement and a detached garage. With a modest living space of just over 1,000 square feet and a historically low assessed value, this property represents a land-value opportunity rather than a move-in-ready showcase.
The home would suit a practical buyer looking for a long-term project or investment. It’s ideal for someone with renovation skills who wants to customize their living space over time, or for an investor who recognizes the inherent value in the substantial lot. The low financial barrier to entry, compared to city-wide averages, allows for resources to be allocated toward updates and improvements. A less obvious perspective is that the mature lot size offers privacy and space rarely found at this price point, providing room for gardens, outdoor living, or future expansion that is simply unavailable in newer, denser subdivisions.
Section 2: Frequently Asked Questions
1. Is the low assessed value a concern?
Not necessarily. The assessed value is in line with similar homes on the same street and in Chalmers. Its low ranking city-wide reflects Winnipeg’s broad market range, not a specific issue with the property. It primarily indicates a more affordable entry point into the market.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed. A prospective buyer should inquire about the renovations' age, finishes, and whether they included moisture-proofing or structural updates.
3. How does the large lot size impact maintenance?
While offering great potential, a lot of this size requires more upkeep for lawn care, landscaping, and snow removal. Buyers should factor in the time and cost for maintenance or the equipment needed to manage it.
4. The home is smaller than average; is it cramped?
With 1,004 sqft of living area, it is compact. However, the renovated basement and the potential of a 1.5-storey layout can add functional space. Its suitability depends heavily on the occupant's needs and their plan to utilize the full property, including the basement and the generous outdoor space.
5. Are the nearby comparable properties similar?
The listed nearby properties vary widely in age, size, and value, indicating a diverse streetscape. Some are century-old, while others are much newer. This suggests the area is not uniform, so the value and character of this specific lot and home should be evaluated on its own merits.
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