49.2
Below average
Property score
49.2
Below average
Overall 49.2
Larger than most nearby homes
1,131 sqft (top 22%)
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
Above average
19% 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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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
437 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 362 m), 2 education (nearest 196 m), 6 parks (nearest 142 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 34% | Bottom 21% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-and-a-half storey home on Tweed Avenue in Chalmers presents a practical opportunity with distinct character. Built in 1914, its key characteristics include a renovated basement, a detached garage, and a living area of 1,131 sqft, which is notably above average for both the street and the neighbourhood. The lot size is standard for the immediate area but smaller than the citywide average, suggesting a manageable outdoor space.
The appeal lies in its balance of historic charm and updated utility, anchored by a solid, renovated basement. It suits first-time buyers or practical investors looking for a character home without the largest yard to maintain. Its above-average interior space for the area offers good value for those prioritizing indoor living area over expansive land. A thoughtful perspective is that its "around average" metrics for the street and neighbourhood indicate a stable, predictable investment within a community of similar homes, rather than an outlier.
Frequently Asked Questions
1. What does a "renovated basement" typically mean for a home of this age?
While specifics should be verified by a viewing and inspection, in a 1914 home this usually indicates foundational updates like moisture management, improved insulation, and finished living space. It’s a significant advantage, as basement concerns are common in century-old properties.
2. How should I interpret the assessed value versus the last sale price?
The assessed value ( $20.4k ) is for municipal tax purposes and is not a market valuation. The home last sold for $150k in 2019. Market value is determined by current conditions, recent comparable sales, and the home's updated condition.
3. The living area is above average for the area, but the lot is smaller city-wide. What does this mean for me?
This suggests the home makes efficient use of its footprint, offering more interior space than many neighbours. It’s ideal if you prefer a more manageable yard but don’t want to compromise on indoor living space.
4. What are the implications of the detached garage?
A detached garage offers flexibility (e.g., for a workshop) and can reduce noise transfer into the home. However, consider convenience during Winnipeg winters compared to an attached garage.
5. The home ranks "below average" citywide for several metrics. Is this a concern?
Not necessarily. These rankings reflect how it compares to all Winnipeg properties, including newer suburban developments. Its rankings are consistently stronger within its own street and neighbourhood, showing it is competitive and typical for the established Chalmers community, which is often the more relevant comparison.
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