35.6
Below average
Property score
35.6
Below average
Overall 35.6
Smaller than most nearby homes
616 sqft (bottom 7%)
Built in 1943 (9 yrs newer than avg)
Located in a average-income area
with median household income of ~62k
Transit 100.0
1-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 1 school, 6 parks, and 3 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
35% smaller than neighborhood avg.
Year Built
Near average
9 yrs newer 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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35.6 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
465 Riverton Avenue — 12 amenities found within 500 m, across 5 categories, including 1 dining (nearest 411 m), 1 education (nearest 181 m), 6 parks (nearest 245 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 23% | Top 17% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 465 Riverton Avenue, Winnipeg
Key Characteristics & Appeal
This one-storey home on Riverton Avenue is a compact, no-fuss property that presents a clear value proposition. At 616 sqft with a renovated basement and a detached garage, it is notably smaller than most homes in Chalmers and Winnipeg overall. However, its assessed value is well above average for its immediate area, suggesting the renovations and lot are key value drivers. The lot itself is a solid, average size for the neighbourhood.
The primary appeal lies in its efficiency and lower maintenance. The small living space is manageable and cost-effective to heat and maintain, while the updated basement adds functional space. It suits a specific buyer: a first-time homebuyer seeking an affordable entry into the market, an investor looking for a straightforward rental property, or a downsizer who values a modest footprint without the need for a large yard or home to care for. It’s a practical choice over a glamorous one, offering the fundamentals of homeownership in a neighbourhood-context where it holds its value well.
Frequently Asked Questions
1. Why is the living area so much smaller than average?
This is a classic, compact one-storey home, common in older neighbourhoods. The size reflects its 1943 construction era and makes for very efficient living, but buyers should be comfortable with cozier quarters.
2. If the house is small, why is the assessed value above average for the street?
The above-average assessment for Riverton Avenue and Chalmers is likely due to the renovated basement, which adds liveable space and modern appeal, and the desirable detached garage. The value is in the updates and land, not the original home's square footage.
3. What does the "below average" city-wide ranking for assessed value mean?
While the property is a strong value in its local area, its assessed value is below the Winnipeg average because it is a modest home in a mature neighbourhood. This isn't unusual and reflects the broader spectrum of property types and values across the entire city.
4. Is the detached garage a standard feature here?
Yes, a detached garage is a common and valuable feature for homes of this vintage in Chalmers, providing essential off-street parking and storage.
5. Who would this property not be well-suited for?
It would likely not suit a growing family needing multiple bedrooms and more living space, or a buyer who prioritizes modern, open-concept layouts, which are difficult to achieve in a home of this size and age.
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