60.3
Fair
Property score
60.3
Fair
Overall 60.3
Larger and newer than most nearby homes
1,145 sqft (top 21%)
Built in 2015 (81 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
Above average
20% larger than neighborhood avg.
Year Built
Above average
81 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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60.3 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
425 Union Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 212 m), 1 education (nearest 318 m), 4 parks (nearest 109 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 14% | Top 11% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 425 Union Avenue W in Winnipeg's Chalmers neighbourhood presents a distinct value proposition. Its key appeal lies in being a modern structure in an area of much older homes. Built in 2015, it is newer than approximately 97% of homes on its street and in the wider neighbourhood, offering contemporary construction benefits like updated electrical and plumbing systems. With 1,145 sqft of living space, it is notably larger than most comparable local properties. The home sits on a standard city lot and features an unrenovated basement, with no garage or pool.
This property would suit a practical, value-conscious buyer looking for a low-maintenance, modern footprint without the premium price tag of a new suburban build. It's also a compelling option for an investor seeking a relatively new rental property in an established area, as its assessed value and recent sale price are significantly below the Winnipeg city average, suggesting strong potential rental yield.
Frequently Asked Questions
1. Why is the assessed value and sale price so much lower than the Winnipeg average?
The price reflects the local market in the Chalmers neighbourhood, where property values are generally lower than the citywide average. It is not indicative of the home's condition, but rather its location.
2. What does "basement, not renovated" imply?
The basement is unfinished. It provides valuable storage or utility space but would require investment to be converted into livable rooms like a rec room or bedroom.
3. How does the lack of a garage affect daily living?
Parking will be on-street. This is common for the area, but buyers with multiple vehicles or who prioritize sheltered parking should factor this in.
4. The home is newer than almost all its neighbours. What are the pros and cons of this?
A major pro is modern building materials and systems, which can mean lower immediate repair costs and better energy efficiency. A potential con is that the home's architectural style and lot size may differ from the established character of the surrounding century-old homes.
5. Is the land size a positive or a negative?
At 3,242 sqft, the lot is typical for the street and neighbourhood. It provides a standard backyard space but is below the much larger citywide average. It suits those wanting manageable outdoor maintenance rather than extensive grounds.
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