46.3
Below average
Property score
46.3
Below average
Overall 46.3
Compared with neighbourhood average
1,020 sqft (top 36%)
Built in 1914 (20 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
7% larger than neighborhood avg.
Year Built
Near average
20 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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46.3 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
437 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 358 m), 2 education (nearest 200 m), 6 parks (nearest 148 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 40% | Bottom 25% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview & Appeal
This one-and-a-half storey home, built in 1914, presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Its key characteristics include a 1,020 sqft living area and a 2,760 sqft lot, both of which are very typical for the immediate street and area. The basement is noted as unrenovated, and the property does not have a garage or pool.
The primary appeal lies in its position as an affordable, no-frills entry point. With a notably low assessed value that sits well below city averages, it suits buyers with a limited budget or those seeking a minimal property tax burden. It would be a practical fit for an investor looking for a rental property with lower carrying costs, a hands-on buyer planning a gradual, sweat-equity renovation, or someone seeking the absolute most land for their dollar in the city, as the lot size is significantly larger than many Winnipeg properties. A less obvious perspective is that a home of this age and value in a stable area could represent a "blank canvas" with fewer heritage restrictions or modern finish expectations, allowing for creative, personalized upgrades over time.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as being unrenovated. Buyers should budget for any desired improvements and consider a thorough inspection for a home of this age.
2. What is the typical buyer for a home at this price point?
Given the low assessed and recent sale value, this property typically attracts investors, first-time buyers prioritizing affordability, or those interested in a value-add project.
3. How does the lot size compare to others?
The 2,760 sqft lot is average for Tweed Avenue and Chalmers, but it ranks in the top 8% citywide, meaning it's substantially larger than most residential lots in Winnipeg.
4. What should I consider about the home's age?
Built in 1914, the home is older than the Winnipeg average. Prospective buyers should factor in potential maintenance or updates needed for older plumbing, electrical, and the structure itself.
5. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific characteristics, location, and market value. Its low value relative to the city reflects its smaller living area, older age, and the market conditions of its immediate area compared to newer or more developed neighbourhoods.
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