446 Martin Avenue W

Chalmers, Winnipeg

Property score

34.8

Below average

Overall 34.8 · Smaller and older than most nearby homes

702 sqft (bottom 20%) · Built in 1909 (25 yrs older than avg)

Located in a above-average income area with median household income of ~67.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby

Living Area

Below average

26% smaller than neighborhood avg.

Year Built

Below average

25 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 8%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

34.8 is composed by the two sections below.

Property Score

21.0Low
Living Area702 sqft22Low
Year Built190910Low
Lot Size2,316 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

55.4Fair
Household Income70Good
Education Level10Low
Housing Stress74Good
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110931

Community deep dive

$68K

Median household income

$74K

Average household income

19%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.4

P90 / P10 ratio

29%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)738
Labour force participation rate61%
Median age35.2
Avg household size2.5
Unemployment rate8%
Population density5271 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households29%
Couple families with children17%
Median household income (2020)$68K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority33%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

below average
702 sqft
0255075100
Same streetBottom 21%Same areaBottom 20%CitywideBottom 4%
Same street · Martin Avenue W
#329 / 419
Bottom 21% · Avg 948 sqft
Same area · Chalmers
#2,246 / 2,815
Bottom 20% · Avg 953 sqft
Citywide · Winnipeg
#186,768 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

below average
125k
0255075100
Same streetBottom 4%Same areaBottom 2%CitywideBottom 1%
Same street · Martin Avenue W
#402 / 419
Bottom 4% · Avg 211.2k
Same area · Chalmers
#2,749 / 2,815
Bottom 2% · Avg 210.8k
Citywide · Winnipeg
#191,687 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1909
0255075100
Same streetBottom 10%Same areaBottom 14%CitywideBottom 5%

Lot Size

around average
2,316 sqft
0255075100
Same streetBottom 34%Same areaBottom 12%CitywideBottom 2%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

446 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 257 m), 1 education (nearest 292 m), 4 parks (nearest 153 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

Crime & Safety

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%

Sales History

Sold 5/2024CA$100k–150k
Sold price

Same street

Bottom 3%

Same area

Bottom 5%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 446 Martin Avenue W, Winnipeg

Property Overview

This is a compact, one-storey home built in 1909 on a standard city lot in the Chalmers neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With a modest 702 sqft of living space, an unfinished basement, and no garage, it is a straightforward property that has recently sold for $110,000—a price point significantly below city averages.

The home suits first-time buyers or investors seeking a low-cost acquisition with minimal financial barrier to entry. Its below-average assessed value translates to very low property taxes, a notable ongoing savings. The lot size, while average for the immediate street, offers potential for expansion or outdoor space relative to the home's small footprint. A thoughtful perspective for the right buyer is viewing this not just as a finished house, but as a foundational asset: the low purchase price allows for a renovation budget to customize the space over time without immediately over-investing for the area. It is less suited for those seeking move-in-ready finishes or ample storage.


Frequently Asked Questions

What is the true cost of ownership with such a low purchase price?
Beyond the mortgage, the primary costs will be utilities for an older home and maintenance. The significantly below-average assessed value means annual property taxes will be exceptionally low, which is a major long-term financial benefit.

Is there potential to expand the living space?
The existing living area is small, but the lot is a standard city size. The unfinished basement presents one opportunity for additional space. A main-floor addition or building a garage could also be possible, subject to local zoning and permits.

How does the age of the home (1909) affect it?
Expect character common to early 20th-century construction, but also the need for careful attention to aging systems like plumbing, wiring, and the foundation. An inspection is essential to understand the condition and any imminent updates required.

The sale price is far above the assessed value. Why?
Assessed value for municipal taxes is not the same as market value. This sale reflects current market demand for affordable housing. The large gap suggests the property may have been under-assessed, but the new sale price will likely influence future assessment increases.

What is the neighbourhood like?
Chalmers is an established, central neighbourhood. The provided comparable sales on the same street and nearby indicate a mix of similar modest, older homes. Buyers should visit at different times to gauge traffic, noise, and overall community feel firsthand.

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