48.8
Below average
Property score
48.8
Below average
Overall 48.8
Newer than most nearby homes
845 sqft (bottom 43%)
Built in 2017 (83 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
Near average
11% smaller than neighborhood avg.
Year Built
Above average
83 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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48.8 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
419 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 239 m), 1 education (nearest 417 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 | Top 23% | Top 20% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 419 Martin Avenue W
Section 1: Key Characteristics & Appeal
This bi-level home at 419 Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a distinct profile. Its primary appeal lies in being a modern structure within an older, established area. Built in 2017, it is newer than 97% of homes on its street and in Chalmers, offering move-in readiness and contemporary building standards without the premium of a brand-new subdivision. The home features a renovated basement and a living area of 845 sqft, which is average for the immediate vicinity but compact city-wide.
The property’s standout characteristic is its land value. With an assessed value significantly above average for both the street and neighbourhood, it suggests the underlying lot is a key asset. However, the lot size itself is below average, indicating a efficient use of space rather than expansive yards. This creates an interesting dynamic: you're investing substantially in the location and the newness of the build itself.
This home would suit a pragmatic, value-conscious buyer—perhaps a first-time homeowner or an investor—who prioritizes modern systems and low maintenance over square footage. It’s for someone who understands they are paying for a newer, worry-free structure in a mature neighbourhood, not for vast indoor or outdoor space. The appeal is less about grandeur and more about simplicity, efficiency, and the potential stability of a nearly new build in an evolving area.
Section 2: Frequently Asked Questions
1. Is the price driven more by the house or the land?
The data suggests the land value is a significant component. The assessed value ranks in the top 9% for Chalmers, while the living area is only average for the area. This indicates the valuation heavily reflects the desirable lot location and the premium for a new build.
2. How does the size compare to nearby homes?
At 845 sqft of living space, it is very comparable to other homes on Martin Avenue W. The notable difference is age; most comparable nearby homes were built before 1920, making this property a modern alternative.
3. What does "below average" land area mean for this property?
The lot is 2,265 sqft, which is smaller than most in Winnipeg. In practice, this means lower exterior maintenance and potentially smaller distances to neighbouring homes, but also limited space for large gardens, sheds, or expansions.
4. The home sold for $25.2k in 2017. What does the current assessed value tell us?
The assessed value of $29.1k is higher than that 2017 sale price and sits well above the local average. This points to an increase in the property's market value assessment since its construction, reflecting its maintained status as a newer asset in the area.
5. Who might this property not suit?
It may not suit buyers seeking a large family home with ample room for growth, those who prioritize a large private yard, or buyers who prefer the character and architectural details typically found in the neighbourhood's many century-old homes.
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