54.0
Fair
Property score
54.0
Fair
Overall 54.0
Larger but older than most nearby homes
1,176 sqft (top 18%)
Built in 1907 (27 yrs older 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 school, 1 shop, 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
Above average
23% larger than neighborhood avg.
Year Built
Below average
27 yrs older 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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54.0 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
361 Talbot Avenue — 9 amenities found within 500 m, across 5 categories, including 1 education (nearest 495 m), 1 shopping (nearest 472 m), 2 parks (nearest 380 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 13% | Bottom 21% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 361 Talbot Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its substantial, mature lot and classic early-1900s character. Its primary appeal lies in the generous 7,268 sqft property, which ranks within the top 4% for lot size on its street and the top 1% within the Chalmers neighbourhood. This presents a significant opportunity for gardening, outdoor space, or future expansion. The one-and-three-quarter storey house itself offers above-average living space for the immediate area at 1,176 sqft.
The appeal is grounded in value and potential. With a recent sale price and assessed value significantly below city averages, it represents an accessible entry point into homeownership, particularly for a lot of this size. It suits buyers looking for a project—whether that’s updating the interior over time, maximizing the expansive yard, or simply securing a property with a vintage foundation in a settled community. A thoughtful perspective is recognizing that while the home is older (built in 1907), this often comes with solid construction and larger lot sizes no longer common in newer developments. The detached garage adds practical utility.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a classic architectural style where the second floor has slightly less square footage than the main floor, often with sloped ceilings or dormer windows. It typically offers more space and character than a bungalow but a different layout than a full two-storey.
2. The assessed value seems very low compared to the sale price. Why?
Municipal assessed value for tax purposes often lags behind current market values, especially after a recent sale. The assessment is based on historical data and mass appraisal models, while the sale price reflects what a buyer was willing to pay in the present market.
3. Is the large lot a benefit for future resale?
Generally, yes. Larger lots are a finite resource and often hold value well. It can be a major draw for future buyers seeking space, provided the home itself is well-maintained.
4. The basement is noted as "not renovated." What should I consider?
This indicates the basement is in original or functional condition, not modernized. Budget for inspections to assess foundational integrity, moisture control, and the state of mechanical systems (like the furnace or wiring), as updates here can be a significant factor in older homes.
5. How does the older year of construction impact insurance or renovations?
Insurance premiums may be higher, and some insurers may require specific electrical or plumbing updates. For renovations, while you gain character, you may encounter unforeseen costs related to updating older systems or materials, so contingency budgets are essential.
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