416 Martin Avenue W

Chalmers, Winnipeg

62.8

Fair

Overall 62.8

Larger and newer than most nearby homes

1,245 sqft (top 13%)

Built in 2020 (86 yrs newer than avg)

Located in a above-average income area

with median household income of ~67.5k

Transit 94.0

1-min walk to transit with 4 nearby routes

Within 500m: 1 dining spot, 1 school, and 4 parks nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

86 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 8%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

62.8 is composed by the two sections below.

Property Score

67.8Good
Living Area1,245 sqft66Good
Year Built202097Excellent
Lot Size3,395 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

55.4Fair
Household Income70Good
Education Level10Low
Housing Stress74Good
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110931

Community deep dive

$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

Population, labour & age

Population (2021)738
Labour force participation rate61%
Median age35.2
Avg household size2.5
Unemployment rate8%
Population density5271 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households29%
Couple families with children17%
Median household income (2020)$68K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority33%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,245 sqft
0255075100
Same streetTop 12%Same areaTop 13%CitywideTop 46%
Same street · Martin Avenue W
#52 / 419
Top 12% · Avg 948 sqft
Same area · Chalmers
#361 / 2,815
Top 13% · Avg 953 sqft
Citywide · Winnipeg
#89,711 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

Elite
405k
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 37%
Same street · Martin Avenue W
#5 / 419
Top 1% · Avg 211.2k
Same area · Chalmers
#35 / 2,815
Top 1% · Avg 210.8k
Citywide · Winnipeg
#72,157 / 194,458
Top 37% · Avg 390.1k

Year Built

Elite
2020
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 3%

Lot Size

around average
3,395 sqft
0255075100
Same streetTop 43%Same areaTop 37%CitywideBottom 18%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

416 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 197 m), 1 education (nearest 426 m), 4 parks (nearest 80 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

Crime & Safety

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%

Sales History

Sold 2/2021CA$350k–400k
Sold price

Same street

Top 1%

Same area

Top 2%

City-wide

Top 42%
Sold 11/2017CA$100k–150k
Sold price

Same street

Bottom 2%

Same area

Bottom 3%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 416 Martin Avenue W, Winnipeg

Property Overview: 416 Martin Avenue W

Key Characteristics & Appeal

This bi-level home at 416 Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a compelling mix of modern convenience and solid value. Its standout feature is its age: built in 2020, it is a notably newer construction compared to most homes on its street and in the wider area, ranking in the top 1%. This translates to modern building standards, newer systems, and minimal immediate maintenance concerns.

The home offers 1,245 sqft of living space, which is above average for the local area, providing comfortable room for a small family or couple. A key feature is the renovated basement, adding functional living space. The lot size of 3,395 sqft is typical for the street, offering adequate outdoor space.

Its appeal lies in being a turn-key, modern property in an established neighbourhood. It suits first-time homebuyers seeking a move-in-ready home without the worries of an older property, or investors looking for a newer asset with potentially lower upkeep costs. The property's assessed value is significantly higher than area averages, reflecting its newer condition and desirability. A thoughtful perspective is that this home offers a "best of both worlds" scenario: the character and maturity of an older community without the aging infrastructure typically associated with it.


Frequently Asked Questions

1. How does the lot size compare?
The land area of 3,395 sqft is around average for Martin Avenue W and the Chalmers neighbourhood, but below the much larger average lot size city-wide. It provides a standard urban yard.

2. Why is the assessed value so high compared to nearby homes?
The assessed value of $40.50k ranks in the top 1% for the street and area, primarily due to the home's new construction year (2020). This is a direct reflection of its modern build, materials, and systems compared to the many century-old homes in the vicinity.

3. What does the sales history indicate?
The home sold for $36.70k in February 2021, a price well above average for the street at that time. Prior to being rebuilt, the property sold for $10.50k in 2017, underscoring the value added by the new construction.

4. Is the living space spacious for the area?
Yes. With 1,245 sqft, the living area is above average for both the immediate street and the Chalmers neighbourhood, ranking in the top 12-13%. It offers more interior space than many comparable local properties.

5. What type of property is it, and what are the amenities?
It is a bi-level home. It includes a renovated basement but does not have a garage or a pool. The focus is on the modern, low-maintenance living space rather than premium exterior amenities.

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