50.5
Fair
Property score
50.5
Fair
Overall 50.5
Newer than most nearby homes
1,005 sqft (top 37%)
Built in 1955 (21 yrs newer than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 86.0
2-min walk to transit with 4 nearby routes
Within 500m: 1 dining spot, 4 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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50.5 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: #46110931
$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
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 Union Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 145 m), 4 parks (nearest 121 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 | Top 41% | Top 37% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 374 Union Avenue W, Winnipeg
Key Characteristics & Appeal
This is a modest, renovated one-storey home in the Chalmers neighbourhood, built in 1955. Its primary appeal lies in its efficient use of space and its position as a well-maintained, move-in-ready property within its market segment. The home features a renovated basement, adding functional living space to the 1,005 sqft main floor. With a land area of 3,443 sqft, the lot is very typical for the local street and area, offering a manageable outdoor space without extensive upkeep.
The data reveals a thoughtful perspective: while the home's size and value are below the Winnipeg city-wide average, they are consistently at or above the average for Union Avenue West and the broader Chalmers neighbourhood. This indicates a property that is competitively positioned within its immediate community, offering solid value relative to its peers. It suits first-time buyers, downsizers, or investors looking for a renovated, low-maintenance home in a stable, established area without the premium of a larger lot or newer construction. The notably low assessed and recent sale value point to a very accessible price point.
Frequently Asked Questions
1. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing is essential to assess the quality of the renovation and determine if it includes legal bedrooms, a proper living area, or additional bathroom facilities.
2. How does the lack of a garage affect daily living?
The property has no garage. Buyers should consider on-street parking availability, the feasibility of adding a driveway or carport, and their comfort with vehicle maintenance during Winnipeg winters without enclosed parking.
3. The assessed value seems very low. Why is that?
The assessed value is for municipal tax purposes and is not a market valuation. Its low figure is consistent with similar homes in this specific area and reflects the property's age, size, and the neighbourhood's overall market characteristics compared to the wider city.
4. Is the land size a pro or a con?
At 3,443 sqft, the lot is perfectly average for Chalmers. It's a pro for those seeking a manageable yard with less maintenance. It may be a con for buyers prioritizing extensive private outdoor space, subdividing potential, or future large additions.
5. What is the neighbourhood like?
The home is in Chalmers, an older, established neighbourhood in Winnipeg. The consistent property metrics (lot size, value) with others on Union Avenue W suggest a street of similar, modest homes, likely offering a quiet, community-oriented atmosphere. Researching local amenities and traffic patterns is recommended.
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