374 Martin Avenue W

Chalmers, Winnipeg

Property score

45.6

Below average

Overall 45.6 · Older than most nearby homes

1,026 sqft (top 35%) · Built in 1907 (27 yrs older 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

Living Area

Near average

8% larger than neighborhood avg.

Year Built

Below average

27 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 8%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

45.6 is composed by the two sections below.

Property Score

39.0Low
Living Area52
1,026 sqftFair
Year Built10
1907Low
Lot Size18
2,264 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

55.4Fair
Household Income70
Good
Education Level10
Low
Housing Stress74
Good
Core Housing Need50
Fair
Employment Health60
Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110931

Community deep dive

$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

Population, labour & age

Population (2021)738
Labour force participation rate61%
Median age35.2
Avg household size2.5
Unemployment rate8%
Population density5271 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households29%
Couple families with children17%
Median household income (2020)$68K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority33%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,026 sqft
0255075100
Same streetTop 34%Same areaTop 35%CitywideBottom 29%
Same street · Martin Avenue W
#143 / 419
Top 34% · Avg 948 sqft
Same area · Chalmers
#985 / 2,815
Top 35% · Avg 953 sqft
Citywide · Winnipeg
#138,697 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

around average
176k
0255075100
Same streetBottom 30%Same areaBottom 33%CitywideBottom 5%
Same street · Martin Avenue W
#292 / 419
Bottom 30% · Avg 211.2k
Same area · Chalmers
#1,886 / 2,815
Bottom 33% · Avg 210.8k
Citywide · Winnipeg
#183,993 / 194,458
Bottom 5% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 6%Same areaBottom 11%CitywideBottom 4%

Lot Size

below average
2,264 sqft
0255075100
Same streetBottom 18%Same areaBottom 6%CitywideBottom 1%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

374 Martin Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 220 m), 2 parks (nearest 162 m).

Search radius
🍽️Dining1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 4/2022CA$200k–250k
Sold price

Same street

Top 45%

Same area

Top 44%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 374 Martin Avenue W, Winnipeg

Property Overview

This one-and-a-half storey home on a generous lot in Winnipeg's Chalmers neighbourhood presents a classic character property with clear value appeal. Built in 1907, it offers over 1,000 square feet of living space and a detached garage on a 2,264 sqft lot. Its assessed value is notably low, which can be attractive for certain buyers, but it also sold very recently in 2022, suggesting a potential quick turnaround or investment opportunity. The home ranks highly for its lot size within the city, indicating a rarity that could be leveraged for expansion or outdoor space. This property would likely suit a hands-on buyer, an investor comfortable with a character home, or someone seeking a lower entry point into the market with the land value being a significant component of the purchase.

Key Details & FAQs

Key Characteristics & Appeal
The appeal of this property lies in its substantial lot size, which is in the top 1% for Winnipeg, offering a relative rarity of space. The home itself is a historic character build with a practical detached garage. The recent 2022 sale and the significant gap between its low assessed value and typical market prices highlight it as a potential value-play or project property. It would suit a buyer or investor who sees potential beyond the current state, values larger outdoor space in the city, and is not deterred by an older home requiring updates. It's a property where the land is a primary asset.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for taxation purposes often lags behind current market values and is calculated using mass appraisal techniques. It is not intended to reflect the immediate selling price, especially in a dynamic market or for unique properties.

2. What does "one-and-a-half storey" mean for this home?
Typically, this style features a full main floor and a second floor with sloping ceilings where the roofline begins, often containing bedrooms. The usable space on the upper floor may be less than a full two-storey home.

3. The home sold recently in 2022. What does that indicate?
A quick resale can suggest a few scenarios: it was purchased as an investment/flip, the previous buyer's circumstances changed rapidly, or it was part of an estate or portfolio transaction. It warrants investigating the context of the previous sale.

4. Is the large lot a good opportunity for expansion?
Potentially, yes. The lot size is a standout feature. A buyer should verify local zoning bylaws (R1, R2, etc.) with the city to understand if the lot allows for additions, a laneway suite, or even future subdivision, which could enhance the property's long-term value.

5. What should I consider with a home built in 1907?
While offering charm, a home of this age will likely require careful attention to foundational integrity, wiring, plumbing, and insulation. A thorough inspection is essential to understand the scope of any needed updates or repairs to meet modern standards.