Property score
34.9
Below average
Overall 34.9 · Smaller and older than most nearby homes
765 sqft (bottom 30%) · Built in 1909 (25 yrs older than avg)
Located in a average-income area with median household income of ~53.6k
Transit 92.0 · 2-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 1 school, 6 parks, and 4 place of worships nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
25 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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34.9 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
362 Tweed Avenue — 12 amenities found within 500 m, across 4 categories, including 1 dining (nearest 345 m), 1 education (nearest 396 m), 6 parks (nearest 401 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% | Bottom 26% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 362 Tweed Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic one-storey home in Winnipeg's Chalmers neighbourhood, built in 1909. Its key characteristic is a modest 765 sqft living area on a near-3,000 sqft lot, presenting a clear value proposition centred on land and location rather than a modernized interior. The appeal lies in its affordability and potential. With an unrenovated basement and no garage, it is priced accessibly, making it a practical entry point into the housing market. The lot size is notably generous for the area, offering room for expansion, gardening, or future outdoor amenities.
This property would best suit a first-time buyer, an investor, or a hands-on individual comfortable with a project. It’s ideal for someone seeking a lower barrier to entry with the vision to gradually add value, or for an investor looking for a straightforward rental opportunity in a well-established neighbourhood. A less obvious perspective is its appeal to those seeking a simpler, smaller-footprint living space without the premium price of a fully updated home, where the character of an older community and a larger yard are valued over square footage.
Section 2: Frequently Asked Questions
1. What is the true condition of the basement?
The listing explicitly states the basement is "not renovated." Buyers should budget for potential updates and plan for a professional inspection to assess fundamentals like moisture control, insulation, and electrical systems.
2. How does the low assessed value relate to the sale price?
The city's assessed value for tax purposes ($15.4k) is not a market valuation. The last sale price was $160k, which is the relevant figure for understanding its market value. The low assessment, however, suggests relatively lower property taxes.
3. Is there potential for an addition or major renovation?
The lot size is a significant asset here. At 2,972 sqft, it is above average for Chalmers, providing clear physical space for a future addition, a garage, or a large deck, subject to city zoning and permit approvals.
4. What is the neighbourhood like for daily living?
Chalmers is a mature, long-established neighbourhood. The proximity to similar homes on Tweed and Riverton Avenues suggests a stable, residential setting. Prospective buyers should visit at different times to gauge traffic, noise, and neighbour activity.
5. How does its age (1909) affect maintenance?
A home of this age requires a pragmatic approach. While it offers charm, buyers should anticipate older building materials and systems. Planning for ongoing maintenance and potential updates to plumbing, wiring, or windows is advisable.
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