423 Riverton Avenue

Chalmers, Winnipeg

Property score

48.6

Below average

Overall 48.6 · Newer than most nearby homes

845 sqft (bottom 43%) · Built in 2014 (80 yrs newer than avg)

Located in a average-income area with median household income of ~53.6k

Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 school, 6 parks, and 4 place of worships nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Above average

80 yrs newer than neighborhood avg.

Mother tongue

English · 73%Tagalog · 5%

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

48.6 is composed by the two sections below.

Property Score

45.3Low
Living Area845 sqft32Low
Year Built201494Excellent
Lot Size2,751 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

53.6Fair
Household Income58Fair
Education Level22Low
Housing Stress63Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110683

Community deep dive

$54K

Median household income

$63K

Average household income

23%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

38%

Single-person households

20%

Families with children

Population, labour & age

Population (2021)615
Labour force participation rate72%
Median age34.0
Avg household size2.3
Unemployment rate11%
Population density6150 / km²

Households & income

Low income (LIM-AT, % pop.)23%
Single-person households38%
Couple families with children20%
Median household income (2020)$54K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$240K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority37%
Bachelor's or higher (25–64)13%
Mother tongue (1st)English · 73%
Mother tongue (2nd)Tagalog · 4%

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

Rankings

Living Area

around average
845 sqft
0255075100
Same streetBottom 32%Same areaBottom 43%CitywideBottom 12%
Same street · Riverton Avenue
#135 / 199
Bottom 32% · Avg 1,035 sqft
Same area · Chalmers
#1,617 / 2,815
Bottom 43% · Avg 953 sqft
Citywide · Winnipeg
#170,419 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
296k
0255075100
Same streetTop 13%Same areaTop 8%CitywideBottom 28%
Same street · Riverton Avenue
#26 / 199
Top 13% · Avg 218k
Same area · Chalmers
#221 / 2,815
Top 8% · Avg 210.8k
Citywide · Winnipeg
#139,773 / 194,458
Bottom 28% · Avg 390.1k

Year Built

Elite
2014
0255075100
Same streetTop 4%Same areaTop 4%CitywideTop 8%

Lot Size

around average
2,751 sqft
0255075100
Same streetBottom 25%Same areaBottom 31%CitywideBottom 8%

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

423 Riverton Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 381 m), 1 education (nearest 290 m), 6 parks (nearest 331 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks6
Worship4
🏛️Government1

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 1/2019CA$200k–250k
Sold price

Same street

Top 32%

Same area

Top 28%

City-wide

Bottom 19%

Related homes

Highlights & common questions: 423 Riverton Avenue, Winnipeg

Property Overview: 423 Riverton Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 423 Riverton Avenue in the Chalmers neighbourhood presents a distinct profile. Its standout feature is its modern age, built in 2014, making it significantly newer than most homes on its street and across Winnipeg. This suggests updated building systems and potentially lower immediate maintenance needs. The home sits on a modest, manageable lot and offers 845 sqft of living space, which is fairly typical for the immediate area but compact by broader city standards. A key asset is the renovated basement, adding functional space.

The appeal here is efficiency and modernity within an established, no-frills neighbourhood. It suits a pragmatic first-time homebuyer or an investor seeking a relatively new, turnkey property without a premium price tag. It’s also a sensible match for those who prefer a smaller footprint and yard to maintain. A less obvious perspective is its value proposition: while its assessed value is strong for Chalmers, it remains well below the citywide average, indicating an entry point into homeownership with the perks of a newer build. The lack of a garage and a smaller lot, however, mean trade-offs for those needing ample storage or outdoor space.

Section 2: Frequently Asked Questions

1. What does "renovated basement" likely include?
While specifics require a viewing, this typically means the below-grade space has been finished into a livable area, such as a rec room or additional bedrooms, with proper walls, flooring, and ceiling.

2. How does the 2014 build year impact insurance or utilities?
Newer construction often means modern electrical, plumbing, and insulation, which can lead to more favourable home insurance rates and potentially higher energy efficiency compared to century-old homes nearby.

3. Is the smaller lot size a disadvantage?
It depends on your lifestyle. The lot is below average in size citywide but closer to the neighbourhood norm. This means less yard work and lower exterior maintenance costs, but limited space for expansions, large gardens, or extensive outdoor recreation.

4. The assessed value seems high for the area but low for the city. Why?
The assessment reflects the home's modern build year and condition, making it a higher-value property within Chalmers. The citywide average is pulled much higher by premium neighbourhoods, so its lower position there highlights its affordability in the broader market.

5. What is the neighbourhood character like?
Chalmers is an established, no-frills area with a mix of older and some newer homes. The direct proximity of other properties on Riverton Avenue suggests a close-knit street feel. Buyers should visit to gauge the fit for their lifestyle.

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