Property score
53.3
Fair
Overall 53.3 · Larger than most nearby homes
1,304 sqft (top 9%) · Built in 1913 (21 yrs older than avg)
Located in a average-income area with median household income of ~53.6k
Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 4 place of worships nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Below average
21 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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53.3 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
374 Thames Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 254 m), 1 education (nearest 396 m), 4 parks (nearest 340 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 27% | Bottom 17% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 374 Thames Avenue, Winnipeg
Key Characteristics & Appeal
This 1913 one-and-three-quarter storey home in Chalmers presents a distinct opportunity centered on its generous living space and land value. With 1,304 sqft of living area, it offers significantly more interior room than most comparable homes on its street and in the neighbourhood. The lot size of 2,762 sqft is typical for the local area but is below the Winnipeg city average. A key characteristic is the home’s very low assessed value, which is well below averages at the street, neighbourhood, and city-wide levels. This suggests the property is likely in need of modernization, as it features an unrenovated basement and no garage.
The primary appeal lies in its potential. It suits a buyer looking for a foundational investment—someone with the vision and budget for renovations who is prioritizing interior square footage and location over move-in readiness. It’s a practical canvas for a hands-on homeowner or investor. A less obvious perspective is its appeal for those interested in architectural preservation, offering a chance to thoughtfully update a home from the early 20th century. Given the data, it may also attract attention as a land play in a neighbourhood where property values have room to grow.
Frequently Asked Questions
1. What does "below average assessed value" practically mean?
It indicates the city's assessment for this property is significantly lower than others. This typically reflects the home's condition and age relative to the market, often resulting in lower property taxes, but also signals that substantial updates may be needed.
2. Is the living area truly larger than nearby homes?
Yes. The data shows its living area ranks in the top 17% on its street and top 9% in the Chalmers neighbourhood, meaning it offers more interior space than most direct comparables, which is a notable advantage.
3. What should I expect with an unrenovated basement?
This means the basement is in its original or utilitarian state. It likely lacks modern finishes, moisture protection, or a legal secondary suite, and should be thoroughly inspected for foundational integrity and potential moisture issues.
4. How does the lot size compare?
The land is around average for the immediate area but is considered below average for Winnipeg overall. This is typical for older neighbourhoods and suggests a standard urban yard, not an unusually large or small plot.
5. Who might the neighbouring comparable properties be relevant for?
Listings like 371 and 370 Riverton Avenue (with similar low assessed values and vintage) help gauge the price point for homes needing work. In contrast, 399 Riverton (newer, higher value) shows the potential upside after significant investment.
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