Property score
58.5
Fair
Overall 58.5 · Larger than most nearby homes
1,544 sqft (top 4%) · Built in 1930 (4 yrs older than avg)
Located in a average-income area with median household income of ~47.6k
Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 7 schools, and 2 place of worships nearby
Living Area
Above average
62% larger than neighborhood avg.
Year Built
Near average
4 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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58.5 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: #46110893
$48K
Median household income
$61K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
54%
Single-person households
16%
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
401 Washington Avenue — 9 amenities found within 500 m, across 2 categories, including 7 education (nearest 277 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 9% | Top 9% | Bottom 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 401 Washington Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1930, presents a compelling opportunity centered on its generous interior space and lot potential. Its primary appeal lies in the significant living area of 1,544 sq ft, which ranks in the top 2-4% of homes on its street and in the Chalmers neighbourhood. This makes it a notably spacious option compared to most peers. The property sits on a 3,151 sq ft lot, which is around average for the area, and includes a detached garage and a basement (not renovated).
The home suits two main types of buyers: those seeking a spacious canvas for a renovation or expansion project, where the existing large footprint is a major advantage, and value-conscious buyers looking for more interior room than is typically available in this price segment. A less obvious perspective is its appeal to a multi-generational household or someone needing a home office/workshop, where the ample living area provides flexible layout options that are hard to find in similarly priced homes. The data suggests you are paying primarily for the building's size and potential, not for an updated finish or a large city-sized lot.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the last sale price?
The assessed value is for taxation purposes and often lags behind market trends. The 2022 sale price of $29,900 is a more current market indicator and reflects a premium for the home's above-average living space.
2. What does the "not renovated" basement condition imply?
It typically means the basement is in original or functional condition, but not modernized. It presents both a cost-saving opportunity (if usable as-is) and future potential for finishing, but buyers should budget for any necessary updates or moisture-proofing common in homes of this era.
3. How does the lot size compare to others in Winnipeg?
While the lot is around average for the Chalmers neighbourhood, it is below average citywide. This highlights the neighbourhood's character of more compact, established lots compared to newer suburban areas.
4. Who might this property not suit?
It may not suit buyers seeking a move-in-ready home without any projects, as the basement condition suggests updates are needed. It's also less ideal for those prioritizing a very large private yard, as the lot is standard for the area.
5. What is the significance of the nearby comparable sale at 419 Washington Avenue?
That property, which sold for $29.90k, serves as a key benchmark. It has a similar assessed value but less living area (1,046 sq ft). This comparison underscores how 401 Washington Avenue commands value based on its substantially larger interior space.
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