39.1
Below average
Property score
39.1
Below average
Overall 39.1
Older than most nearby homes
855 sqft (bottom 44%)
Built in 1912 (22 yrs older than avg)
Located in a average-income area
with median household income of ~62k
Transit 92.0
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
10% smaller than neighborhood avg.
Year Built
Below average
22 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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39.1 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
461 Tweed Avenue — 11 amenities found within 500 m, across 4 categories, including 1 dining (nearest 423 m), 2 education (nearest 164 m), 6 parks (nearest 100 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 47% | Bottom 41% | Bottom 8% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 21% | Bottom 4% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 34% | Bottom 21% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 461 Tweed Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Chalmers is a straightforward property where the primary value lies in its land and location, rather than the existing structure. Built in 1912, the 855 sqft house sits on a 2,759 sqft lot and features an unrenovated basement. Its recent sale price and assessed value are significantly below city-wide averages, positioning it as an accessible entry point into the Winnipeg market.
The appeal here is primarily for value-driven buyers. It suits someone looking for a lower-cost footprint in the city—be it a first-time buyer willing to live simply while building equity, an investor considering the lot's future potential, or a buyer who prioritizes financial flexibility over move-in-ready finishes. A thoughtful perspective is that this property represents a "blank canvas" scenario. Its below-average metrics for the area aren't just drawbacks; they signal a lower entry cost in a neighbourhood where you're still paying for the location and community, not a premium for the structure itself. It’s a practical choice for those comfortable with a home that offers basics now, with any improvements directly increasing your own equity rather than paying upfront for someone else’s renovations.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" property?
Not necessarily. While the home is older and the interior is modest, it is a functional dwelling. The decision to renovate, rebuild, or simply maintain would depend on the buyer's goals, budget, and the results of a thorough home inspection.
2. Why is the recent sale price so much lower than the sale in 2021?
The 2021 sale price of $150k is more aligned with the broader market at that time. The recent sale at $18.3k likely reflects a significant price adjustment to its current assessed value and condition, making it a unique, low-cost transaction rather than a typical market sale.
3. What does "below average" for land area in Chalmers mean for me?
While the lot is smaller than the Chalmers average, it is still a standard city lot. It provides manageable outdoor space for gardening or relaxing without the maintenance burden of a larger plot, which can be a benefit for many.
4. Who is responsible for connecting utilities or checking zoning for future changes?
The buyer is responsible for verifying all utility connections and serviceability. For any future plans like an addition or rebuild, checking with the City of Winnipeg’s Planning Department for zoning bylaws, heritage restrictions, and permit requirements is an essential first step.
5. Are the low property taxes reflected in the assessed value a permanent advantage?
Property taxes are based on the assessed value, so a lower assessment generally means lower taxes. However, be aware that any significant improvement to the property or a city-wide assessment update could lead to a higher valuation and increased taxes in the future.
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