Property score
49.2
Below average
Overall 49.2 · Larger than most nearby homes
1,192 sqft (top 17%) · Built in 1914 (20 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Near average
20 yrs older 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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49.2 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
402 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 196 m), 1 education (nearest 484 m), 4 parks (nearest 102 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 4% | Bottom 6% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home, built in 1914, presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its value proposition and space. With 1,192 sqft of living area, it offers significantly more interior room than most comparable homes on its street and in the immediate area. This is contrasted by a below-average assessed value, suggesting a lower property tax burden relative to the usable space provided. The lot, while smaller than area averages, is a manageable size. The home has a basement, but it is not renovated, and there is no garage or pool.
This property would suit a practical, value-conscious buyer. It's ideal for someone looking for maximum interior square footage on a budget, who sees potential in a home with original features and is prepared for maintenance or updates. It could also appeal to an investor seeking a rental property with a favorable assessed value, keeping holding costs lower.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is based on market value for taxation purposes and is influenced by many factors, including the home's condition, specific location, and recent sales in the area. A low assessment often correlates with lower property taxes, which can be a significant ongoing savings.
2. The living area is noted as "above average" for the street. What does that mean practically?
Most similar homes on Martin Avenue W have about 950 sqft of living space. This home has roughly 250 sqft more, which could translate to an extra bedroom, larger common rooms, or more functional layout compared to immediate neighbours.
3. What should I consider about a home built in 1914?
While the structure has proven its durability, a home of this age will likely have original systems and materials. Prospective buyers should budget for potential updates to wiring, plumbing, or insulation, and consider a thorough inspection to understand the condition of the foundation and structure.
4. The lot is smaller than average. Is that a disadvantage?
It depends on your priorities. A smaller lot (2,265 sqft) means less yard maintenance, which can be a benefit for those seeking a low-upkeep property. However, it may limit options for expansions, additions, or extensive outdoor living spaces.
5. There's no garage. How does parking work?
The property listing indicates no garage. Buyers should verify on-site parking options, such as a driveway or permitted street parking, to ensure it meets their needs, especially during Winnipeg winters.
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