32.2
Below average
Property score
32.2
Below average
Overall 32.2
Smaller and older than most nearby homes
680 sqft (bottom 17%)
Built in 1907 (27 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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
Below average
27 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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32.2 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: #46110931
$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
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
447 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 293 m), 1 education (nearest 296 m), 4 parks (nearest 183 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 6% | Bottom 8% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 447 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1907 on a standard city lot in the Chalmers neighbourhood. Its key characteristics are its modest scale and value-oriented profile. With 680 sqft of living space and an unrenovated basement, it is notably smaller and older than most homes on its street, in the area, and across Winnipeg.
The primary appeal lies in its affordability and potential. The very low assessed value and previous sale price indicate an entry-point opportunity, likely suited for a land-value purchase or a foundational project. It would best suit a practical, hands-on buyer—such as an investor looking for a rental property, a builder considering a future redevelopment, or a homeowner willing to undertake a significant renovation. A less obvious perspective is its location on a street where nearby properties have similar vintage and size, suggesting a character consistent with the block's history, rather than being an outlier. For the right buyer, it represents a chance to secure a footprint in the city with minimal initial investment, trading modern comforts for future potential.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically imply?
It usually means the basement is in original or rough condition, likely lacking modern finishes, and may have older mechanical systems. It should be inspected for moisture, foundation integrity, and wiring.
2. How significant is it that the home is older and smaller than area averages?
The data confirms this is a modest property by local standards. This generally translates to a lower price point but also means any renovation or expansion would be an investment to bring it in line with neighbourhood norms.
3. What is the significance of the lot size?
At 2,266 sqft, the lot is a standard city dimension. It provides adequate outdoor space and is the component of the property that is most aligned with area averages, which can be important for future use or appeal.
4. The assessed value seems very low compared to the city-wide average. Why?
The assessed value reflects the property's current state—its small size, age, and lack of renovation. It is assessed closer to land value with a minimal improvement value, not as a modernized home.
5. Are the nearby "comparable" sold properties truly similar?
The listed nearby properties are similar in vintage, size, and assessed value, indicating this home exists in a cluster of older, modest homes. However, specifics like condition, layout, and exact location will create meaningful differences in value and appeal.
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