Property score
49.6
Below average
Overall 49.6 · Larger but older than most nearby homes
1,149 sqft (top 20%) · Built in 1907 (27 yrs older than avg)
Located in a average-income area with median household income of ~53.2k
Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 5 place of worships nearby
Living Area
Above average
21% larger 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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49.6 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
426 Riverton Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 433 m), 1 education (nearest 267 m), 5 parks (nearest 347 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 39% | Bottom 47% | Bottom 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 12% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 426 Riverton Avenue
Section 1: Key Characteristics & Appeal
This one-storey home on a 4,013 sqft lot presents a straightforward opportunity, primarily centered on its land and location in Winnipeg's Chalmers neighbourhood. Built in 1907, the house itself has a functional, unrenovated basement and a detached garage. Its key appeal lies in its above-average living space (1,149 sqft) for the immediate area and a lot size that is generous for the street. The assessed value is notably low compared to both the neighbourhood and city, which is a defining characteristic.
This property would suit a specific type of buyer: those looking for a land-value play or a foundational project. It’s a candidate for a full renovation, a potential rebuild, or an investment hold. The low tax burden due to the assessment is a practical advantage. It’s less suited for someone seeking a move-in-ready home, given the age and stated lack of renovation, but offers a blank canvas for a visionary or investor patient with the process.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than recent sale prices?
The sharp difference between the current assessed value (~$14.4k) and the 2022 sale price ($130k) is significant. This typically indicates that the assessment is outdated and not reflective of current market value, which is determined by recent sales. Buyers should budget for property taxes based on a likely future, higher assessment following a sale.
2. What does "above average living area for the area" actually mean for me?
While the living area is spacious compared to nearby homes, the 1907 build date means the layout may be compartmentalized rather than open-concept. The value is in the raw square footage to work with, not necessarily in a modern floor plan.
3. The lot is "above average" for the neighbourhood but "below average" citywide. Which is more relevant?
For daily living and potential expansion (like an addition or garage workshop), the local comparison is most relevant—you have more space than many nearby properties. The citywide figure is skewed by newer suburbs with larger lot standards and isn’t practical for evaluating this home's potential.
4. Are the older mechanical systems and the unrenovated basement a major concern?
For a 119-year-old home, they are the primary consideration. An inspection is essential to evaluate the foundation, plumbing, electrical, and heating. Budgeting for major system updates or repairs should be the first step in any renovation plan.
5. Who are the "comparable homes" used in these rankings?
The comparisons are based on homes with similar core attributes (like building type) within the defined geographic filters—same street, Chalmers neighbourhood, or city-wide. This helps show how this property stacks up against its immediate peers versus the broader market.
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