Property score
37.3
Below average
Overall 37.3 · Smaller than most nearby homes
637 sqft (bottom 9%) · Built in 1914 (20 yrs older than avg)
Located in a above-average income area with median household income of ~68.5k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 7 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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37.3 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: #46110935
$69K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
25%
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 Washington Avenue — 10 amenities found within 500 m, across 3 categories, including 7 education (nearest 301 m), 2 parks (nearest 452 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 17% | Bottom 28% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 448 Washington Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This is a compact, one-storey home built in 1914, situated on a standard-sized lot in the Chalmers neighbourhood. Its key characteristics are defined by its modest scale and value. The living space is 637 sq ft, which is notably smaller than most homes in the area and city. It features a basement that is present but not renovated, and there is no garage or pool. The home last sold in June 2022 for $160,000, and its current assessed value is significantly lower than the Winnipeg average.
The primary appeal of this property lies in its affordability and potential as a foundational investment. It suits first-time buyers or investors seeking an entry point into the market with lower upfront costs. The lot size, while not large, is consistent with the immediate street and could be a blank canvas for future expansion or landscaping. A thoughtful perspective is that a home of this age and size offers a lower-cost, lower-maintenance lifestyle, potentially appealing to those looking to minimize their footprint and utility costs. It is not suited for those requiring ample living space, modern finishes, or garage parking.
Section 2: Frequently Asked Questions
1. Is the basement finished or usable for living space?
No. The listing specifies the basement exists but is "not renovated." It should be considered unfinished utility space.
2. How does the assessed value compare to the last sale price?
The home is assessed at $17,600, but it last sold for $160,000 in 2022. This large discrepancy is common and highlights that municipal assessed value is for taxation purposes and does not reflect current market value.
3. What does the "below average" ranking for living area mean practically?
With 637 sq ft, this home's living area is in the bottom 10-11% compared to nearby homes on Washington Avenue and in the Chalmers area. Buyers should expect a very compact floor plan, likely with fewer or smaller rooms than typical houses.
4. Are properties on this street similar in size and value?
Generally, yes. The data shows that for land area and assessed value, this property ranks similarly to others on Washington Avenue (e.g., in the bottom 25%). This suggests a consistent, established streetscape of modest homes.
5. What is a less obvious consideration with a home from 1914?
While charm and character are potential upsides, the age implies that major systems like wiring, plumbing, and the foundation may be original or outdated. Any renovation plans should budget for potential updates to meet modern standards and efficiency.
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