42.0
Below average
Property score
42.0
Below average
Overall 42.0
Older than most nearby homes
968 sqft (top 42%)
Built in 1907 (27 yrs older 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
2% larger than neighborhood avg.
Year Built
Below average
27 yrs older 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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42.0 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
421 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 241 m), 1 education (nearest 410 m), 4 parks (nearest 121 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 37% | Bottom 37% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 421 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1907, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its solid fundamentals and value proposition. With 968 sqft of living space, the home offers a manageable size that is actually quite typical for its immediate street and area, making it a sensible choice for first-time buyers, downsizers, or investors. A notable feature is the renovated basement, which adds functional living space.
The property’s land size is modest for the city but is fairly standard for this specific locale. The home’s assessed value is consistently around the average for both Martin Avenue and the broader Chalmers area, suggesting it is priced in line with local market expectations. Its last sale in 2020 was at a value very close to its current assessment.
This home would best suit a buyer looking for an honest, no-frills property in a mature neighbourhood. It’s for someone who prioritizes a renovated basement over a large yard or garage, and who sees value in a home that is unassuming in its metrics but well-situated within its own community context. It represents a grounded entry into the market without the premium for extra land or newer construction.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot is 2,265 sqft, which is below the Winnipeg city average but ranks in the top 77% on Martin Avenue itself. This means it’s actually a fairly typical lot size for this specific street.
2. Is the age of the home (1907) a concern?
The home is 119 years old, which is older than most in Winnipeg. However, it is typical for its area—many comparable homes in Chalmers were built in the same era. A thorough inspection is essential to understand the condition of its original elements.
3. What does the "renovated basement" mean?
The listing confirms the basement has been renovated, but the specific scope and quality of the work (e.g., finishes, moisture control, permits) are not detailed. This should be a key point of inquiry during a viewing.
4. How is the value holding in the area?
The home’s assessed value is squarely in the middle range for both the street and the Chalmers neighbourhood, indicating stable, average value retention for this specific market segment.
5. Are there comparable properties nearby?
Yes, the listing references several nearby homes on Martin Avenue and Union Avenue with similar assessed values, year built, and living areas, such as 430 Martin Avenue W and 374 Martin Avenue W. This provides a clear benchmark for comparison.
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