32.4
Below average
Property score
32.4
Below average
Overall 32.4
Smaller and older than most nearby homes
669 sqft (bottom 14%)
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
30% 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
371 Riverton Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 394 m), 1 education (nearest 439 m), 4 parks (nearest 410 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%
371 Riverton Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home on a generous 2,753 sqft lot presents a distinct opportunity. Its key appeal lies in its balance of historic character and financial efficiency. Built in 1907, the home has a modest 669 sqft living area, suggesting a cozy, manageable footprint ideal for a minimalist, first-time buyer, or an investor. The standout feature is the land itself—the lot size ranks in the top 30% for the street and top 8% city-wide, offering valuable future potential.
The property’s financial profile is notable. It boasts an exceptionally low assessed value, ranking in the top 5% lowest on its street and top 2% lowest in Winnipeg. This translates to very low property taxes, a significant long-term savings. The home would suit a practical buyer who values land over square footage, sees potential in a gradual renovation, or prioritizes keeping fixed housing costs as low as possible. It’s less about move-in-ready perfection and more about securing an affordable entry into the market with a valuable underlying asset.
Frequently Asked Questions
1. What does the very low assessed value mean for me?
Primarily, it means significantly lower annual property taxes compared to most homes in the city. This is a major advantage for long-term affordability.
2. Is the small living area a concern?
It depends on your needs. It’s ideal for a single person or couple comfortable with a cozy layout. The large lot, however, offers clear potential for a future addition, subject to permits and zoning.
3. How much work might a house from 1907 need?
While the data doesn’t specify condition, a home of this age will likely require updates to mechanical systems (like plumbing and wiring) and insulation. A thorough inspection is essential to budget for necessary repairs versus desired renovations.
4. Why are the comparison properties so varied in size and value?
The comparisons are based primarily on similar assessed value, not similar homes. This highlights how unique this property is—you’re acquiring a large lot at a valuation typically associated with much smaller properties or condos.
5. What’s the real advantage of the large lot here?
Beyond simple outdoor space, it provides flexibility. It could accommodate a garden, storage shed, or parking. Most importantly, it represents a disproportionate share of the property’s value, offering equity and future options that smaller lots do not.
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