Property score
55.8
Fair
Overall 55.8 · Larger and newer than most nearby homes
1,060 sqft (top 30%) · Built in 2012 (78 yrs newer than avg)
Located in a average-income area with median household income of ~53.6k
Transit 92.0 · 3-min walk to transit with 7 nearby routes · Within 500m: 1 dining spot, 1 school, 7 parks, and 4 place of worships nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
78 yrs newer 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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55.8 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
397 Riverton Avenue — 14 amenities found within 500 m, across 5 categories, including 1 dining (nearest 380 m), 1 education (nearest 357 m), 7 parks (nearest 390 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 19% | Top 13% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 397 Riverton Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2014, stands out in its Chalmers neighbourhood for its modern age. Its key appeal lies in being a relatively new construction on a mature street, offering a move-in-ready structure without the immediate concerns of an older home. With 1,060 sqft of living space, it provides comfortable room for a small family, couple, or first-time buyer.
The property’s strengths are contextual. While its lot size is modest for the city overall, it is quite typical for Riverton Avenue and offers a manageable yard. Its assessed value and last sale price are notably above average for the immediate area, reflecting its newer condition and desirability within the neighbourhood. This home suits buyers looking for a modern build in an established community, who prioritize a newer roof, windows, and mechanical systems over a large lot. It’s a practical choice for those wanting to avoid the renovation projects common with century-old homes nearby, though the basement remains unfinished, offering potential for future customization.
Section 2: Frequently Asked Questions
1. Is the property tax bill likely to be high?
While the assessed value is above average for the street and neighbourhood, it is below the Winnipeg city-wide average. Property taxes should be relatively moderate, especially when compared to newer subdivisions or more central districts.
2. How does the lot size impact future plans?
The 2,752 sqft lot is smaller than the city average but standard for the area. It’s sufficient for a deck, garden, or play area, but may limit additions like a large garage or extensive landscaping. It offers lower maintenance, which can be a benefit.
3. What does the "above average" sale price for the street indicate?
It primarily reflects the home’s newer construction. On a street with many homes built over a century ago, a 2014 build commands a premium for its modern infrastructure and reduced immediate repair needs.
4. Are there any obvious drawbacks from the data?
The home has no garage, which is common for the area but a consideration for vehicle storage. The basement is noted as "not renovated," meaning it is unfinished and would require investment to become livable space.
5. How does this home compare to others in Chalmers?
It ranks in the top 5% for year built in Chalmers, making it one of the newest homes available. It offers more modern living in a neighbourhood filled with character homes, representing a different, low-maintenance lifestyle within the same community.
