32.7
Below average
Property score
32.7
Below average
Overall 32.7
Smaller than most nearby homes
558 sqft (bottom 2%)
Built in 1919 (15 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
Below average
41% smaller than neighborhood avg.
Year Built
Near average
15 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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32.7 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
438 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 402 m), 2 education (nearest 159 m), 6 parks (nearest 181 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 40% | Bottom 46% | Bottom 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 15% | Bottom 6% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 438 Tweed Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Chalmers presents a unique opportunity centered on its land and location. Built in 1919, its key characteristic is a generous 4,277 sqft lot, which is notably larger than many in the immediate area and neighbourhood. The home itself is modest, with 558 sqft of living space, and features a renovated basement and a detached garage.
Its primary appeal lies in its potential. The sizable lot in a long-established community offers room for expansion, gardening, or outdoor living that is harder to find in newer subdivisions. The recently renovated basement adds functional living space. With an assessed value and recent sale price significantly below the city-wide average, it represents an accessible entry point into the Winnipeg market.
This property would best suit a value-conscious buyer looking for a project or a long-term land play. It’s a fit for someone willing to live in a compact footprint while benefiting from a large yard, or for an investor who sees the underlying value in the lot itself. It’s less suited for those seeking a move-in-ready home with ample interior space.
Section 2: Frequently Asked Questions
1. Is the living area really only 558 sqft?
Yes. The home's interior is compact. The renovated basement provides additional functional space, but the above-ground square footage is minimal, emphasizing an outdoor-centric lifestyle.
2. Why is the assessed value so much lower than the city average?
Assessed values are based on a mass appraisal system. This home’s low assessment reflects its small size, age, and the lower average values in its immediate area compared to the wider city, not necessarily its market sale price.
3. What does the large lot size mean for me?
Beyond a big backyard, it offers future flexibility. It could accommodate a significant addition, a large workshop, or be a key asset if the neighbourhood sees redevelopment trends. It’s a long-term advantage that may not be reflected in the current home's price.
4. The home sold for $190k in 2023 but only $11.5k in 2018. What happened?
The 2018 sale price is exceptionally low and not representative of market value. It likely indicates a non-arms-length transaction, such as a transfer between family members or a sale for nominal consideration, which is not uncommon.
5. How does this home compare to others on the street?
It sits on a larger-than-average lot for Tweed Avenue but has a smaller and older living space than most direct neighbours. This creates a unique profile: more land but less house than the typical property on the block.
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