46.9
Below average
Property score
46.9
Below average
Overall 46.9
Newer than most nearby homes
800 sqft (bottom 36%)
Built in 1991 (57 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
57 yrs newer 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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46.9 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
417 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 238 m), 1 education (nearest 424 m), 4 parks (nearest 120 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 47% | Bottom 46% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This bi-level home at 417 Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a specific and practical value proposition. Built in 1991, it is a notably newer construction compared to most homes on its street and in the wider area. The property features a renovated basement and a detached garage. Its key appeal lies in its modern build year relative to its surroundings, offering potentially fewer immediate maintenance concerns than century-old neighbours, paired with a manageable 800 sqft living space. The lot size is modest for the city but typical for the local area.
This home would suit first-time buyers or downsizers seeking a move-in-ready, low-maintenance footprint in a mature neighbourhood. It’s also a pragmatic choice for value-focused investors or buyers who prioritize a newer mechanical and structural foundation over square footage, as the living space is compact.
Key Details & FAQs
Key Characteristics & Appeal
Frequently Asked Questions
1. Is the lot size a limitation?
The land area is approximately 2,265 sqft, which is smaller than the Winnipeg average but typical for Chalmers and Martin Avenue W. It provides adequate outdoor space for a patio or small garden without demanding extensive yard work.
2. How does the assessed value relate to the last sale price?
The home was last sold in April 2016 for $190,000. Its current assessed value for tax purposes is $25,400. It's important to note that municipal assessed value is not a market appraisal; it is used for calculating property taxes and is typically significantly lower than actual market value.
3. What does "below average" for living area city-wide mean?
With 800 sqft of living area, this home is smaller than the Winnipeg average (which is over 1,300 sqft). This confirms it's a compact, efficient layout best suited for individuals, couples, or small families who prioritize simplicity and lower operating costs over spaciousness.
4. Why is the build year considered such a key feature here?
In a neighbourhood and on a street where most homes were built before 1935, a 1991 construction is a significant outlier. This newer build likely translates to better energy efficiency, modern floor plans, and deferred major maintenance timelines compared to nearby properties.
5. What is the context of the "comparable homes" listed?
The listed properties (e.g., 434 Harbison Avenue W) are provided as neighbourhood references based on data metrics, not necessarily as direct stylistic or condition comparisons. Many are much older (e.g., 1914) and have different assessed values, highlighting how this property's newer age is a distinct characteristic in Chalmers.
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