Property score
35.2
Below average
Overall 35.2 · Smaller than most nearby homes
640 sqft (bottom 10%) · Built in 1922 (12 yrs older than avg)
Located in a average-income area with median household income of ~47.6k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 7 schools, and 2 place of worships nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
33% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Near average
12 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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35.2 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” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110893
$48K
Median household income
$61K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
54%
Single-person households
16%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
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.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
433 Washington Avenue — 9 amenities found within 500 m, across 2 categories, including 7 education (nearest 262 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%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 5% | ਹੇਠਲੇ 8% | ਹੇਠਲੇ 2% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Overview
This 1922 one-and-a-half storey home at 433 Washington Avenue in Winnipeg's Chalmers neighbourhood presents a specific value proposition. Its key appeal lies in its land—a 3,001 sqft lot that is above average for the city—paired with a very modest 640 sqft living area and an unrenovated basement. The detached garage adds practical utility. With a historically low assessed and recent sale value, this property is fundamentally a land play with a liveable structure.
It would best suit a hands-on buyer looking for an affordable entry into the market, willing to live modestly while planning future expansion or redevelopment. It could also appeal to an investor seeking a low-cost holding property with redevelopment potential down the line. The data suggests you are purchasing a lot that is larger than most in Winnipeg, with a home that requires vision and investment to modernize or enlarge.
Frequently Asked Questions
1. Is this a "tear-down" property?
Not necessarily. The home is livable but very compact. The value is significantly in the land. A buyer could live in it as-is, renovate and possibly expand over time, or eventually redevelop the lot.
2. What does "below average" for assessed value really mean?
The assessed value is significantly lower than both neighbourhood and city averages. This typically results in lower property taxes, but it also strongly indicates the current structure adds minimal value compared to the land itself.
3. How usable is the unrenovated basement?
The listing notes it is "not renovated." Buyers should budget for professional inspection to understand its condition, potential for moisture issues, and the scope/cost required to make it a functional space.
4. The home sold for less than its assessed value in 2019. Why?
This isn't uncommon for unique, smaller properties where the market price is negotiated based on condition and specific buyer demand, rather than the city's mass appraisal model. It underscores the property's niche appeal.
5. What are the less obvious considerations with a property like this?
Consider future development potential: check the city's zoning bylaws for the lot to understand what you could eventually build. Also, while the lot is large for the city, it's average for the immediate street, so your future plans should be mindful of the existing streetscape character.
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