32.4
Below average
Property score
32.4
Below average
Overall 32.4
Smaller and older than most nearby homes
648 sqft (bottom 11%)
Built in 1907 (27 yrs older than avg)
Located in a average-income area
with median household income of ~53.6k
Transit 100.0
2-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 1 school, 4 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
Below average
32% smaller 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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32.4 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: #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
367 Riverton Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 397 m), 1 education (nearest 447 m), 4 parks (nearest 402 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%
Local garbage, recycling, and yard waste pickup schedule for 367 Riverton Avenue.
Garbage
friday
Recycling
friday
Yard Waste
friday a
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 23% | Bottom 28% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 367 Riverton Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1907 on a standard city lot in the Chalmers neighbourhood. Its key characteristic is its modest scale, with a living area of 648 sqft that is notably smaller than most homes on its street and in Winnipeg overall. The lot size is typical for the immediate area. The home recently sold for $160,000, which is significantly below both the neighbourhood and city-wide average sale prices, and it carries a very low municipal assessed value.
The primary appeal lies in its position as an entry-point property or a strategic land investment. It suits a specific type of buyer: a first-time purchaser comfortable with a smaller footprint, an investor looking for a rental property with a lower initial capital outlay, or a buyer interested in the potential of the lot for future redevelopment. Its age suggests it may require updates, but this also represents an opportunity for adding value. A less obvious perspective is that its low operating costs (like property taxes tied to its low assessment) could be a practical advantage for someone seeking minimal ongoing housing expenses.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the sale price?
Municipal assessed value for taxation purposes often lags behind market value, especially after a recent sale. The new sale price will likely influence future assessments.
2. What does the "below average" living area mean for daily life?
The home is functionally compact. It would require efficient use of space and likely suits individuals, couples, or those comfortable with a minimalist lifestyle. It may not be ideal for a growing family or those needing a home office or multiple dedicated rooms.
3. Given its age, what should I be most concerned about?
A home from 1907 will likely have older systems (plumbing, electrical, foundation). A thorough inspection is essential to understand the condition and anticipate any necessary major repairs or updates.
4. Is the price driven more by the house or the land?
At this price point, a significant portion of the value is likely in the land itself. The structure offers immediate utility, but the long-term value may be influenced by the lot's potential in a neighbourhood that has homes with a wide range of sizes and values.
5. How does this property compare to others on the same street?
It is among the smaller and older homes on Riverton Avenue. Direct neighbours include similarly aged homes, but the street also features newer and larger properties, indicating a mixed-character area where values and styles vary.
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