Property score
36.6
Below average
Overall 36.6 · Older than most nearby homes
788 sqft (bottom 34%) · Built in 1907 (27 yrs older than avg)
Located in a average-income area with median household income of ~53.2k
Transit 100.0 · 1-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 4 place of worships nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
27 yrs older 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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36.6 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
421 Talbot Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 475 m), 1 education (nearest 305 m), 5 parks (nearest 330 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 14% | Bottom 23% | Bottom 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 20% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This one-storey home on Talbot Avenue is defined by its generous lot and its history. Built in 1907, it sits on a notably large 4,841 sqft parcel of land, which ranks well above average for both the immediate street and the broader Chalmers neighbourhood. The living space itself is modest at 788 sqft and includes an unrenovated basement and a detached garage. The property’s assessed value is relatively low, a pattern consistent with its recent sale price.
Its primary appeal lies in the land itself, offering significant potential for expansion, gardening, or future development in an established area. The low financial barrier to entry, evidenced by the assessed value and past sale prices, is a key factor. This property would best suit a value-conscious buyer looking for a large lot to build equity over time, such as a hands-on renovator, an investor considering a hold-and-develop strategy, or someone seeking an affordable entry into homeownership with room to grow. It’s less suited for those seeking a move-in-ready home or above-average interior space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics—namely its older age, modest living area, and lack of renovation—within its market context. It is actually close to the neighbourhood average, indicating it is typical for the Chalmers area, which generally has more affordable property values compared to the Winnipeg-wide average.
2. What does "below average" for Year Built mean for me as a buyer?
It confirms the home is a true character property, built in 1907. This suggests potential for heritage charm but also necessitates careful inspection for updates to major systems like wiring, plumbing, and insulation. The older age is a primary contributor to its current valuation.
3. The land area is a top feature. What can I realistically do with it?
Beyond gardening or outdoor space, the large lot provides long-term options such as building a significant addition, a separate workshop, or even exploring subdivision potential (subject to city zoning bylaws and approvals). It’s the property’s main asset for future value increase.
4. How significant is the unrenovated basement?
This indicates a major project awaits. It likely needs moisture control, insulation, and finishing to become usable living or storage space. It represents both a current limitation and a clear opportunity to add value through a tailored renovation.
5. The sale price history shows a sharp drop from 2016 to 2022. What does that indicate?
This significant decrease likely reflects a change in the property’s condition or market factors at the time of the later sale. It underscores the importance of understanding the circumstances of that sale and getting a current, professional inspection to make an informed decision about its present state and value.
