Property score
32.4
Below average
Overall 32.4 · Smaller and older than most nearby homes
643 sqft (bottom 10%) · 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 8 nearby routes · Within 500m: 1 dining spot, 1 school, 4 parks, and 4 place of worships nearby
Living Area
Below average
33% 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
390 Thames Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 257 m), 1 education (nearest 345 m), 4 parks (nearest 280 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 20% | 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 & Key Characteristics
This is a compact, century-old home on a standard residential lot in the Chalmers neighbourhood. Built in 1907, its primary appeal lies in its land value and location, presenting a clear opportunity for a specific type of buyer. With 643 square feet of living space and an unfinished basement, the house itself is modest and in need of modernization. There is no garage.
The property’s standout characteristic is its lot size. At 2,762 sqft, it is notably larger than many city lots, offering valuable outdoor space or future expansion potential in a mature area. The very low assessed value reflects the home's age, condition, and size, positioning it as one of the most affordable entry points into the Winnipeg market. This is not a move-in-ready home; it’s a foundational investment.
Ideal Buyer Profile: This property suits a hands-on buyer, such as a first-time investor looking for a land-value play, or a purchaser with renovation skills and a vision to rebuild or extensively remodel. It would also appeal to someone seeking minimal property tax overhead while building equity through sweat equity. It is less suited for those seeking a finished, low-maintenance home.
Frequently Asked Questions
1. Is this a teardown property?
While the home is livable, its age, small size, and condition mean many buyers would consider full renovation or replacement. The value is primarily in the land, making it a candidate for a future new build.
2. Why is the assessed value so much lower than typical city homes?
Assessed value is based on recent sales of comparable properties. The low value directly reflects the home's small living area, age, and unrenovated state compared to the Winnipeg average.
3. What are the main costs to consider beyond the purchase price?
Budget significantly for immediate updates (roof, wiring, plumbing, insulation) to meet modern standards. Property taxes will be low initially but may increase substantially following any major renovation or rebuild.
4. How does the lot size compare to others?
The lot is a key feature. It is larger than the average lot in both Chalmers and across Winnipeg, providing more yard space or flexibility for additions than many similarly priced properties.
5. What is the neighbourhood like?
Chalmers is a mature, established neighbourhood. Prospective buyers should visit at different times to gauge traffic, neighbour activity, and overall upkeep of nearby properties to ensure it matches their lifestyle expectations.
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