49.1
Below average
Property score
49.1
Below average
Overall 49.1
Older than most nearby homes
1,002 sqft (top 38%)
Built in 1907 (27 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
5% larger than neighborhood avg.
Year Built
Below average
27 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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49.1 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
440 Tweed Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 409 m), 2 education (nearest 150 m), 6 parks (nearest 174 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 26% | Bottom 19% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 440 Tweed Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1907, presents a straightforward opportunity centered on its land and location. Its primary appeal lies in the generous 5,487 sqft lot, which is notably larger than most in the immediate area and Chalmers neighbourhood. This offers valuable outdoor space and potential for gardening, expansion, or future development, subject to zoning. The living space is modest at just over 1,000 sqft, and the basement is noted as unrenovated. A detached garage adds practical storage or workshop space.
The property suits specific buyer profiles: those seeking a lower-entry price point in Winnipeg, with a vision to gradually update a character home; investors or handy buyers comfortable with a project who value land size over a modern, turn-key interior; or anyone looking for a home with significant outdoor space in the city. A thoughtful perspective is that its below-average assessed value and older vintage, while requiring investment, also mean property taxes are likely proportionally lower than for newer, higher-assessed homes in the city.
Section 2: Frequently Asked Questions
1. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloped roof lines, often creating cozy bedrooms with potentially reduced ceiling height in parts. It's a classic Winnipeg architectural style.
2. The assessed value seems very low. What does this indicate?
The assessed value is for municipal tax purposes and reflects the property's estimated market value from a past valuation date. It being significantly below the citywide average is consistent with the home's age, condition, and smaller living area, but does not directly predict its final sale price.
3. How significant is the large lot size?
It's a key feature. The lot is in the top 7% for size within the Chalmers neighbourhood, offering more private outdoor space than is common. This is a permanent advantage that can outweigh the home's need for updates for the right buyer.
4. Are there any obvious major costs to anticipate?
Given the age (1907) and the unrenovated basement, buyers should budget for potential updates to foundational systems like wiring, plumbing, or insulation. A thorough inspection is essential to understand the condition and any moisture issues in the basement.
5. The home sold in 2016 for $14,500. Is the current price listed?
The provided data shows the 2016 sale price as a historical point. The current asking or list price is not included in this data set and would need to be checked on the most recent listing.
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