50.4
Fair
Property score
50.4
Fair
Overall 50.4
Older than most nearby homes
1,050 sqft (top 31%)
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
Near average
10% 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
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50.4 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
435 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 351 m), 2 education (nearest 207 m), 6 parks (nearest 156 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 21% | 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: 435 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This home is a classic one-and-a-half storey character property built in 1912, situated on a generously sized lot in the Chalmers neighbourhood. Its primary appeal lies in a combination of space, value, and potential. The 5,521 sqft lot is notably larger than most in the immediate area, ranking in the top 4% on its street, offering ample outdoor space uncommon for the locale. The home itself features a renovated basement and a detached garage.
The living area of 1,050 sqft is typical for the neighbourhood, presenting a manageable footprint. The recent sale price of $130k is significantly below the Winnipeg city-wide average, highlighting its accessibility. This property would suit a first-time buyer, an investor, or a hands-on owner looking for a character home on a substantial lot without a premium price tag. Its value proposition is grounded in the land itself and the renovated basement, offering a solid foundation for someone comfortable with the ongoing maintenance of a century-old home or seeing the potential for future updates.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on the finish quality, ceiling height, moisture management, or permitted work are not provided. This is a key detail to investigate during a viewing and with the seller.
2. How does the assessed value relate to the sale price?
The home recently sold for $130k, which is far above its $19.3k assessed value. This is common, as municipal assessed values for tax purposes often lag behind market sale prices, especially in older neighbourhoods with rapidly changing markets.
3. What is the significance of the large lot size?
The lot is a standout feature, being larger than 96% of comparable properties on the street. This offers more privacy, yard space, and future potential (like additions or landscaping projects) than is typically available in this price range.
4. Are there any concerns with a home built in 1912?
While offering character, a 114-year-old home will likely have older systems (plumbing, electrical, foundation). The renovated basement is a positive, but a thorough inspection is essential to understand the condition of the original structure and roof.
5. What is the neighbourhood context?
The home sits on a street where properties are very close together, as seen with neighbouring homes just meters away. The Chalmers area shows a wide mix of assessed values and sale prices, indicating a diverse, transitioning neighbourhood where property conditions can vary significantly from one house to the next.
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