45.6
Below average
Property score
45.6
Below average
Overall 45.6
Larger but older than most nearby homes
1,072 sqft (top 29%)
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
Above average
12% larger 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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45.6 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
448 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 262 m), 1 education (nearest 285 m), 4 parks (nearest 159 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 13% | Bottom 15% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 448 Martin Avenue W
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1907, presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its positioning as an affordable entry point, likely requiring vision and investment. The home offers a functional layout with 1,072 sqft of living space, which is notably above average for similar homes on its street and in the immediate area. It sits on a 2,316 sqft lot and includes a detached garage.
The property suits buyers comfortable with a project, such as investors, renovators, or first-time buyers seeking a low-cost foothold. Its significantly below-average assessed value and recent sale price reflect its as-is condition and the unrenovated basement. A thoughtful perspective is that while the home itself is historically older than most, it provides more usable interior space than many comparable properties nearby, offering a tangible foundation to work with. The appeal is grounded in value and potential, not turn-key readiness.
Frequently Asked Questions
1. What does "below average" assessed value indicate?
It primarily reflects the home's as-is condition, age, and market valuations in its area. It suggests significant potential for value increase through renovation, but also indicates current systems and finishes likely need updating.
2. Is the lot size a pro or a con?
At 2,316 sqft, the lot is smaller than the city average but typical for the street and neighbourhood. It provides adequate outdoor space for a home of this size without the maintenance burden of a larger yard.
3. Who might this property not suit?
It is not suitable for buyers seeking a modern, move-in-ready home without renovation work. It may also not fit those needing a large lot or who prefer a newly built area.
4. The home sold recently in 2022. What does that suggest?
The quick resale could indicate a number of scenarios, such as an investor flipping the property, a change in the buyer's circumstances, or the completion of a specific project. Reviewing any visible changes since that sale would be important.
5. How should I interpret the comparison to nearby homes?
Comparisons like 446 Martin Avenue W show this home offers more living space for a similar value, while 430 Martin Avenue W suggests a slightly higher assessment can correspond with more recent updates. This highlights the value-versus-renovation trade-off present in the area.
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