49.2
Below average
Property score
49.2
Below average
Overall 49.2
Larger but older than most nearby homes
1,116 sqft (top 24%)
Built in 1912 (22 yrs older than avg)
Located in a average-income area
with median household income of ~62k
Transit 100.0
1-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 2 schools, 6 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Below average
22 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
49.2 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: #46110688
$62K
Median household income
$62K
Average household income
26%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
31%
Single-person households
26%
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
429 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 341 m), 2 education (nearest 219 m), 6 parks (nearest 171 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 38% | Bottom 47% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 429 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-established one and a half-storey home in the Chalmers neighbourhood, built in 1912. Its key features include a renovated basement and a detached garage. With 1,116 square feet of living space, the home offers a practical footprint that is notably above average for the immediate area, providing good value for the space. The lot size of 2,760 sqft is typical for the street, offering a manageable outdoor area.
The primary appeal lies in its position as a solid, no-frills property in a mature community. It suits first-time buyers, practical downsizers, or investors looking for a character home with foundational updates (like the basement) at a very accessible price point. A thoughtful perspective is that while the home's assessed value is significantly below the Winnipeg average, it is perfectly aligned with its local context on Tweed Avenue and in Chalmers. This suggests a stable, grounded valuation without the premium of a trendy area, making it a sensible choice for budget-conscious buyers seeking affordability in the city. The home’s age and average lot size mean future projects would likely focus on interior modernization rather than major expansion.
Frequently Asked Questions
1. What does a "renovated basement" typically mean in a home of this age?
It usually indicates essential updates have been made, such as moisture control, improved flooring, lighting, and possibly a finished living space or utility area. Given the home's age, it's important to clarify the scope, permits, and the current condition of foundational elements.
2. How does the below-average citywide assessed value affect property taxes?
While the assessed value is far below the city average, property taxes are calculated using a mill rate applied to your assessment. A lower assessment generally translates to lower taxes compared to newer or larger homes citywide, which is a key financial advantage of older neighbourhoods.
3. Is the detached garage a standard size for the area?
The data doesn't specify garage dimensions, but detached garages of this era on standard lots are often single-car or narrow double-car structures. Checking the exact size and condition is advisable for parking or storage needs.
4. The home last sold in 2020. What should I consider?
The sale history shows stability in ownership over the last few years. It’s worthwhile to investigate what improvements the current owner made during their tenure and to understand their reason for selling now.
5. The living area is above average for Chalmers. What does that imply?
This suggests the home may feel more spacious inside than other similar properties in the neighbourhood. It could be due to a practical layout, the inclusion of finished attic space (common in one and a half-storey designs), or a previous interior modification. Verifying the layout and room sizes is key.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
