42.7
Below average
Property score
42.7
Below average
Overall 42.7
Older than most nearby homes
920 sqft (top 47%)
Built in 1911 (23 yrs older than avg)
Located in a average-income area
with median household income of ~62k
Transit 100.0
2-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
3% smaller than neighborhood avg.
Year Built
Below average
23 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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42.7 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
451 Tweed Avenue — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 396 m), 2 education (nearest 172 m), 6 parks (nearest 111 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 | Top 49% | Bottom 37% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 451 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This is a classic one-storey home built in 1911, situated on a 2,760 sqft lot in the Chalmers neighbourhood. With 920 sqft of living space, an unrenovated basement, and no garage, it presents a straightforward, no-frills opportunity. Its primary appeal lies in its value as a land play or a foundational project. The lot size is notably larger than the city-wide average for comparable homes, offering relative rarity and potential in a mature neighbourhood. The home last sold in 2020 for $17,500, with a current assessed value of $200,000, positioning it well below the Winnipeg average and indicating a value-driven entry point.
This property would best suit a practical buyer who sees potential rather than perfection. It’s a fit for an investor looking for a hold-and-rent scenario, a hands-on individual seeking an affordable first step into homeownership with plans to gradually improve it, or a builder/developer attracted by the lot size and the area's established character. A less obvious perspective is its appeal to those who value architectural simplicity and the authenticity of an older home, preferring a "blank canvas" over a recently updated property that may have erased original character.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean for a home of this age?
It generally indicates the original foundation and layout, likely with low ceilings, basic finishes, and mechanical systems that may be older. It should be inspected for moisture issues, but it also represents full potential for a customized renovation.
2. How significant is the lot size here?
The lot is larger than over 90% of comparable properties city-wide. In a mature neighbourhood where new lots are scarce, this provides valuable outdoor space, better drainage potential, and future flexibility for additions or landscaping.
3. The 2020 sale price seems very low compared to the assessed value. Why is that?
Such a significant discrepancy often indicates the previous sale was not a standard, arms-length transaction on the open market. It could have been a transfer between family members or sold "as-is" for land value. The assessed value is a better gauge for current market comparison.
4. With no garage, what are the parking options?
The property likely relies on on-street parking, which is common in this area. Buyers should verify local parking bylaws and observe daily availability, though the low density on the street is a positive sign.
5. What are the immediate priorities for a new owner?
Given the age, a thorough inspection of the roof, wiring, plumbing, and foundation is essential. The heating system and windows are also key points to evaluate for efficiency and condition, as updating these can significantly improve comfort and long-term costs.
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