Property score
46.1
Below average
Overall 46.1 · Older than most nearby homes
1,040 sqft (top 33%) · Built in 1909 (25 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
9% larger than neighborhood avg.
Year Built
Below average
25 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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46.1 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
427 Talbot Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 477 m), 1 education (nearest 278 m), 5 parks (nearest 317 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 23% | Bottom 35% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 427 Talbot Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, early-20th century one-and-a-half storey home in the Chalmers neighbourhood, built in 1909. With 1,040 sqft of living space, it offers a modest footprint that is quite typical for its immediate area and neighbourhood. The home sits on a 3,632 sqft lot, which is a comfortable size for the area and provides more outdoor space than many city-wide comparables. A key feature is a renovated basement, adding functional space. There is no garage or pool.
Its primary appeal lies in its position as an affordable, no-frills entry point into the Winnipeg market, particularly within a neighbourhood where its lot size and living area are squarely average. The low assessed value and historically low sale price point to a property suited for buyers with a limited budget, those looking for a manageable starter home, or an investor seeking a rental property with a lower entry cost. It would suit a handy buyer comfortable with the maintenance inherent to a 117-year-old home, or someone viewing the land as a long-term value. A less obvious perspective is that its very modest scale and efficient lot use could appeal to those seeking a simpler, lower-maintenance lifestyle without leaving the city.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing notes the basement is renovated, but specifics on finish quality, ceiling height, permits, or moisture control are not provided. This would be a key area for inspection and inquiry.
2. How does the low assessed value impact property taxes?
A lower assessed value generally results in lower municipal property taxes, which is a financial advantage. However, it may also reflect the home's age, condition, or market perceptions.
3. What is the parking situation without a garage?
With no garage, parking is likely limited to on-street. It's important to verify local parking regulations, especially during winter snow clearing.
4. Are homes of this age and price point typically in "move-in ready" condition?
Given the age and price, buyers should be prepared for potential updates or repairs. The renovated basement is a positive, but systems like wiring, plumbing, and the roof may require careful evaluation.
5. How does the lot size compare, and what are the possibilities?
At 3,632 sqft, the lot is larger than many city lots but average for Chalmers. It offers decent outdoor space for a garden or addition, subject to zoning bylaws. Its size is a relative strength compared to the home's smaller living area.
