Property score
29.7
Below average
Overall 29.7 · Smaller and older than most nearby homes
520 sqft (bottom 2%) · Built in 1908 (26 yrs older than avg)
Located in a above-average income area with median household income of ~67.5k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, and 4 parks nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
26 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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29.7 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: #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
469 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 350 m), 1 education (nearest 220 m), 4 parks (nearest 151 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 1% | Bottom 2% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Summary: 469 Martin Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1908 on a standard city lot in the Chalmers neighbourhood. Its key characteristic is its extremely low financial barrier to entry, reflected in its assessed value, which ranks at the very bottom compared to other properties locally and citywide. The living space is compact at 520 square feet, and the home features an unrenovated basement and no garage.
The primary appeal lies in its potential as a land-value opportunity or a minimalist living project. It suits a very specific type of buyer: an investor or handy homeowner looking for a low-cost entry into the market, willing to undertake a significant renovation or rebuild. It could also appeal to someone seeking the absolute minimum in property taxes and carrying costs. A less obvious perspective is its potential for someone interested in "right-sizing" or building a small, efficient home from the ground up, as the existing structure provides basic utilities and shelter while plans are made.
Section 2: Frequently Asked Questions
1. Why is the assessed value so low?
The assessed value is based on the property's current state. The very low value reflects the age and condition of the existing small home, placing its worth primarily in the land itself.
2. Is this a "tear-down" property?
While the data suggests it, this isn't a given. A buyer should consult with a professional inspector and the local zoning office. The existing structure, while old and small, may be salvageable for a dedicated renovator, but the numbers indicate redevelopment is a strong possibility.
3. What does "Top 100%" in the rankings mean?
In this context, rankings near "Top 100%" mean the property is at the very bottom of the comparison list. For example, a "Top 100%" rank for Living Area means 100% of comparable properties are larger.
4. Can I get a mortgage for a property at this price?
It can be challenging. Many traditional lenders have minimum mortgage amounts that may exceed this property's price. Buyers should be prepared to explore alternative financing, such as a personal loan or using significant cash reserves.
5. What are the real costs beyond the purchase price?
Prospective buyers must budget for immediate maintenance, potential major repairs, and higher insurance premiums due to the age and condition. Property taxes will be low, but the total cost of bringing the property to a livable or desirable standard is the critical financial consideration.
