Property score
33.2
Below average
Overall 33.2 · Smaller than most nearby homes
572 sqft (bottom 3%) · Built in 1944 (10 yrs newer than avg)
Located in a average-income area with median household income of ~47.6k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 7 schools, 1 shop, 1 park, and 1 place of worship nearby
Living Area
Below average
40% smaller than neighborhood avg.
Year Built
Near average
10 yrs newer than neighborhood avg.
Mother tongue
English · 69%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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33.2 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: #46110893
$48K
Median household income
$61K
Average household income
23%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
54%
Single-person households
16%
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
463 Ottawa Avenue — 10 amenities found within 500 m, across 4 categories, including 7 education (nearest 171 m), 1 shopping (nearest 435 m), 1 parks (nearest 494 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 24% | Bottom 25% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 463 Ottawa Avenue in Winnipeg's Chalmers neighbourhood presents a specific and straightforward opportunity. Built in 1944, its key characteristic is a modest 572 sqft living area, which is notably compact compared to most homes in the city. It sits on a roughly 3,000 sqft lot, which is a typical size for the local area. The property includes a detached garage and a basement that has not been renovated. Its most recent recorded sale was in 2021 for $15,700, and its current assessed value is significantly below the Winnipeg average.
The appeal here lies almost entirely in the land and location, not the existing structure. It suits a very specific type of buyer: someone looking for a land value play, a tear-down candidate to build new, or an investor comfortable with a major renovation or holding property. It is not a move-in-ready home. A less obvious perspective is that its compact size and low assessed value could potentially translate to very manageable property taxes, which is a point for cost-conscious investors or builders.
Frequently Asked Questions
1. Is this a move-in-ready home?
No. The listing notes an unrenovated basement, and the living area is among the smallest in the city, indicating the existing house is likely very basic and in need of significant updates.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the current state and size of the property. With a very small, older home on a standard city lot, the value is driven by the land and location in Chalmers, not by the structure itself.
3. What kind of buyer would this property suit best?
It would primarily suit buyers interested in the land value, such as builders looking for a lot to develop, investors considering a future tear-down, or perhaps homeowners planning a extensive, ground-up renovation.
4. How does the lot size compare to the neighbourhood?
The land area of 3,061 sqft is around the average for both Ottawa Avenue and the wider Chalmers area, making it a standard-sized city lot for that community.
5. Can anything be inferred from the 2021 sale price?
The 2021 sale price of $15,700 is consistent with the property's low assessed value and suggests it has been valued as a land play for some time. It provides a recent benchmark for the property's market value in its current state.
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