56.4
Fair
Property score
56.4
Fair
Overall 56.4
Newer than most nearby homes
1,004 sqft (top 37%)
Built in 2021 (87 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 2 parks 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
87 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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56.4 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
362 Martin Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 240 m), 2 parks (nearest 196 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 4% | Top 5% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2021-built bi-level home at 362 Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a distinct profile. Its primary appeal lies in being a modern, low-maintenance structure in an area predominantly composed of much older homes. The renovated basement adds functional living space, bringing the total to approximately 1,004 sqft. While the lot size is modest compared to city-wide averages, it is fairly typical for the immediate street and area, offering a manageable outdoor space.
The home is ideally suited for first-time buyers or downsizers seeking a newer build without a premium price tag, as evidenced by its recent sale price being well above average for the local area but around average for the wider city. It also appeals to value-focused buyers who prioritize modern systems (like plumbing, electrical, and insulation) and minimal immediate repair needs over historic character or expansive land.
Key Details & Questions
What are the home's standout characteristics?
The home is exceptionally new for the area, ranking in the top 1% of its neighbourhood for year built. It features a renovated basement and is a bi-level design. Its assessed value is notably high for the local context, ranking in the top 3% on its street, which often reflects its modern condition and construction.
What is the lot size like?
The land area is 2,264 sqft. This is below the Winnipeg average but is a standard, manageable size for the Chalmers neighbourhood and Martin Avenue W specifically.
How does the living space compare?
With 1,004 sqft of living area, it is squarely average for both its street and the Chalmers area, though below the broader city average. The renovated basement is likely factored into this functional space.
Who might this property not suit?
Buyers seeking a large yard, a historic home, or a property with a garage may want to look elsewhere. The lot is compact, the architecture is contemporary, and vehicle storage would need an alternative solution.
What is the context of the recent sale price?
The home sold for $32,500 in February 2022. Data indicates this price was well above average for comparable sales on the same street and in the Chalmers area at that time, but around the average mark when compared to the entire city. This suggests buyers paid a noticeable premium for the home's newness within its immediate, older context.
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