32.2
Below average
Property score
32.2
Below average
Overall 32.2
Smaller and older than most nearby homes
640 sqft (bottom 10%)
Built in 1907 (27 yrs older than avg)
Located in a above-average income area
with median household income of ~67.5k
Transit 86.0
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
33% 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
455 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 312 m), 1 education (nearest 268 m), 4 parks (nearest 180 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 2% | Bottom 3% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 455 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1907, situated on a standard-sized lot in the Chalmers neighbourhood. Its key characteristics are its simplicity and affordability. The 640 sqft living area is compact, and the home features a basement that is present but not renovated, with no garage or pool.
The primary appeal lies in its position as a low-cost entry point into the Winnipeg market. With a very low assessed value and a historically low sale price, it represents a minimal financial barrier to homeownership. This property would suit a specific type of buyer: an investor looking for a land-value play or a rental property with renovation potential, or a highly budget-conscious first-time buyer willing to take on a project. Its older age and smaller size mean it’s not for those seeking modern finishes or spacious living, but rather for those who see value in the land and the opportunity to incrementally improve a basic structure over time. A less obvious perspective is that its low fixed costs (like property taxes) could provide significant financial breathing room for an owner to save for future renovations or other investments.
Section 2: Frequently Asked Questions
1. What is the true condition of the home?
The listing notes the basement is "not renovated," which typically indicates it is in original or rough condition. Given the home's age (1907) and low valuation, buyers should budget for significant updates to essential systems like wiring, plumbing, and insulation, and anticipate a cosmetic overhaul.
2. Why is the assessed value so much lower than the city average?
The assessed value of $12,800 is in the bottom 5% citywide, reflecting the home's older age, very small living area, and likely the need for extensive modernization. Value is primarily in the land rather than the current structure.
3. Is this a good candidate for a "tear-down and rebuild"?
Potentially, yes. The lot size is average for the street but below average for the city. The decision would depend on the specific zoning and building bylaws for the area, and whether the cost of new construction aligns with the values of the surrounding neighbourhood.
4. What are the typical buyers for a home like this in this area?
Similar nearby properties with comparable low assessed values often attract investors or very hands-on owner-occupants. The recent sale of a nearly identical home on the same street suggests a established market for these no-frills, value-priced properties.
5. How does the lack of a garage impact utility, especially in winter?
The property has no garage. This means all vehicle parking will be on-street, and homeowners will need to account for winter plug-in needs for vehicles and the lack of covered storage for tools or belongings.
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