39.4
Below average
Property score
39.4
Below average
Overall 39.4
Older than most nearby homes
815 sqft (bottom 38%)
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 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
15% 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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39.4 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
373 Talbot Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 495 m), 1 education (nearest 461 m), 4 parks (nearest 411 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 32% | Top 49% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, one-storey home built in 1907 on a standard city lot in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its renovated basement and its position as an affordable, no-frills entry point into the housing market. The home is modest in size at 815 sqft, and its assessed value is significantly below both the neighbourhood and city averages. It does not have a garage or pool.
This property would suit a very specific buyer: a first-time purchaser, an investor looking for a rental property, or someone seeking a minimalist footprint who is comfortable with a home that requires ongoing updates due to its age. Its below-average price point is the primary draw, but it comes with the understanding that the living space is compact and the home itself is notably older than most in the city.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller living area, older age, and simpler construction compared to the broader Winnipeg market, which includes many newer and larger homes. It is more in line with values for similar compact, century-old homes in its immediate area.
2. What does "renovated basement" likely mean for a home of this age?
While updated, it's important to manage expectations. In a 1907 home, this typically indicates functional improvements like a finished living area, proper egress, and updated utilities, but it may not be a modern, open-concept space. Inquiries should focus on the quality of moisture control, insulation, and the permits for the work done.
3. How does the lot size compare?
At 3,367 sqft, the lot is slightly smaller than the average for Chalmers but is a fairly standard city lot for the area. It offers adequate outdoor space for a garden or patio but is not exceptionally large.
4. What are the implications of the home's age (1907)?
This is a key consideration. While it offers character, it also means potential for older plumbing, electrical systems, and insulation standards. A thorough inspection is essential. On a positive note, its age often means it was built with durable materials and is located in an established, central neighbourhood.
5. Who would this home not be suitable for?
It would likely not meet the needs of a growing family requiring multiple bedrooms, anyone seeking a modern, turn-key property, or buyers who prioritize features like a garage, large rooms, or newer construction. It's a practical choice for value-focused buyers comfortable with a project.
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