49.1
Below average
Property score
49.1
Below average
Overall 49.1
Newer than most nearby homes
1,022 sqft (top 36%)
Built in 1950 (16 yrs newer than avg)
Located in a average-income area
with median household income of ~53.2k
Transit 92.0
2-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 1 school, 5 parks, and 4 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
7% larger than neighborhood avg.
Year Built
Above average
16 yrs newer than neighborhood avg.
Mother tongue
English · 70%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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49.1 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: #46110686
$53K
Median household income
$57K
Average household income
24%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.6
P90 / P10 ratio
35%
Single-person households
14%
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
406 Riverton Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 429 m), 1 education (nearest 317 m), 5 parks (nearest 375 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 45% | Top 41% | Bottom 13% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Top 50% | Bottom 10% |
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 on a 4,015 sqft lot presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Built in 1950, its key characteristics are its unrenovated basement and detached garage. The appeal lies in its solid, average-sized footprint for the immediate area, offering a manageable scale for updates. With a living area just over 1,000 sqft, it suits first-time buyers, practical renovators, or investors looking for a land-value proposition with a functional existing structure. A thoughtful perspective is its positioning: while the home's metrics are average for its street and neighbourhood, its assessed value is notably lower than the Winnipeg citywide average, highlighting it as a more accessible entry point within the city. This isn't a move-in-ready showpiece, but a canvas for adding value through thoughtful modernization.
Frequently Asked Questions
1. What does "unrenovated basement" typically imply?
It generally means the basement is in original or functional condition, lacking modern finishes. Buyers should budget for potential updates to insulation, flooring, or moisture management to fully utilize the space.
2. How does the lot size compare?
At 4,015 sqft, the lot is above average for the Chalmers neighbourhood, offering more outdoor space than many nearby properties. This is a key asset for gardening, expansion, or simply more privacy.
3. The assessed value seems low. Why is that?
The assessed value is for municipal tax purposes and reflects factors like age, condition, and recent sales in the area. It is not market value. The current assessed value is above average for the street, but well below the Winnipeg average, indicating the home is in a more affordable market segment.
4. What is the significance of the home's "rankings" for land area and year built?
These rankings show the property is competitive within its local context. Having land area and year built that are "around average" for Riverton Avenue means it fits the established character of the street, which can be positive for long-term value and neighbourhood cohesion.
5. Who might this property not suit?
It may not suit buyers seeking a turn-key, modern home without renovation projects. The unrenovated basement and 1950s construction mean systems and finishes likely require evaluation and potential investment.
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