Property score
40.2
Below average
Overall 40.2 · Older than most nearby homes
836 sqft (bottom 41%) · 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
Near average
12% 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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40.2 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
423 Talbot Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 476 m), 1 education (nearest 294 m), 5 parks (nearest 325 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 27% | 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 one-storey home on Talbot Avenue is a classic Winnipeg character property built in 1907. Its primary appeal lies in its generous, above-average lot size of 4,845 sqft within the Chalmers neighbourhood, offering significant outdoor space and potential. The house itself is modest at 836 sqft of living area and features a detached garage and an unrenovated basement. Its most recent sale was in late 2021 for $190,000, and it carries a current assessed value of $170,000, which is notably below average for the city.
This property suits a specific buyer: someone looking for an affordable entry into homeownership with a clear value proposition in the land itself. It’s ideal for a hands-on buyer who sees potential in a gradual renovation, values a large private yard over a large house, or is comfortable with a home that offers function and history over modern finishes. It may also appeal to an investor considering the lot’s future development potential, given its size and location.
Frequently Asked Questions
What does "below average" assessed value really mean for this house?
It primarily reflects the home's age, modest size, and unrenovated condition compared to city-wide averages. For a buyer, it can mean lower property taxes, but it also signals that the value is heavily tied to the land rather than the current structure.
Is the large lot a common feature in this area?
Yes, for the Chalmers neighbourhood, this lot size is in the top 13%, meaning it's significantly larger than most nearby properties. On Talbot Avenue itself, it's in the top 20%. This is a key differentiator.
The home is over 115 years old. What should I prioritize in an inspection?
Beyond standard systems, special attention should be paid to the foundation, original wiring and plumbing, and the structural integrity of the unrenovated basement. The roof and insulation are also critical areas for an older home's efficiency and upkeep.
How does the 2021 sale price compare to the current assessment?
The home sold for $190,000 in late 2021, which is $20,000 above its current $170,000 assessed value. This difference isn't unusual, as assessed values for tax purposes can lag behind market sales, especially in a changing market.
What is the realistic living situation here for a new owner?
Buyers should be prepared to live in a compact, characterful space that may require updates over time. The appeal is the balance of an affordable, functional home with the rare benefit of a large yard for gardens, pets, or expansion, making it a project with a clear asset—the land.
