Property score
34.3
Below average
Overall 34.3 · Smaller than most nearby homes
641 sqft (bottom 10%) · Built in 1924 (10 yrs older than avg)
Located in a average-income area with median household income of ~47.6k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 7 schools, and 2 place of worships nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
10 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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34.3 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
402 Ottawa Avenue — 9 amenities found within 500 m, across 2 categories, including 7 education (nearest 242 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 25% | Top 26% | Bottom 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 402 Ottawa Avenue is a compact, character property built in 1924. Its key characteristic is a modest 641 sqft living area on a roughly 2,750 sqft lot, placing it among the smaller homes in the Chalmers neighbourhood and city-wide. A recently renovated basement adds functional space. The home’s appeal lies in its simplicity and efficiency. It suits first-time buyers or investors seeking an entry point into the market with manageable upkeep, or those looking for a straightforward, no-frills home where value is derived from land and location rather than square footage. A thoughtful perspective is its potential as a “right-sized” home for empty-nesters seeking to downsize without leaving the community, or as a strategic hold in an area where the land value may be the primary long-term asset.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While below the city average, the lot is typical for older, central neighbourhoods like Chalmers. It offers a manageable outdoor space without excessive maintenance burdens.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from basic finishing to adding legal living space.
3. How does the assessed value relate to the sale price?
The home last sold in January 2022 for $24,100, which was close to its assessed value at the time. This suggests the property is valued consistently with municipal assessments, not subject to the dramatic market fluctuations seen with higher-priced homes.
4. Who might this property not suit?
It would likely not suit buyers needing multiple bedrooms, dedicated home office space, or who simply prefer newer builds with modern open-concept layouts, as the living area is compact and the home is a century old.
5. Are the utility costs likely to be high for a home this age?
While older homes can be less energy-efficient, the small size of this property (641 sqft) may help keep heating and cooling costs relatively contained compared to larger heritage homes, though this should be verified.
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