471 Martin Avenue W

Chalmers, Winnipeg

Property score

52.4

Fair

Overall 52.4 · Newer than most nearby homes

905 sqft (top 50%) · Built in 2019 (85 yrs newer 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

Near average

5% smaller than neighborhood avg.

Year Built

Above average

85 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 8%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

52.4 is composed by the two sections below.

Property Score

50.4Fair
Living Area905 sqft42Low
Year Built201997Excellent
Lot Size2,266 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

55.4Fair
Household Income70Good
Education Level10Low
Housing Stress74Good
Core Housing Need50Fair
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110931

Community deep dive

$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

Population, labour & age

Population (2021)738
Labour force participation rate61%
Median age35.2
Avg household size2.5
Unemployment rate8%
Population density5271 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households29%
Couple families with children17%
Median household income (2020)$68K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority33%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
905 sqft
0255075100
Same streetTop 46%Same areaTop 50%CitywideBottom 17%
Same street · Martin Avenue W
#192 / 419
Top 46% · Avg 948 sqft
Same area · Chalmers
#1,396 / 2,815
Top 50% · Avg 953 sqft
Citywide · Winnipeg
#161,579 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
277k
0255075100
Same streetTop 10%Same areaTop 12%CitywideBottom 23%
Same street · Martin Avenue W
#42 / 419
Top 10% · Avg 211.2k
Same area · Chalmers
#348 / 2,815
Top 12% · Avg 210.8k
Citywide · Winnipeg
#148,924 / 194,458
Bottom 23% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 4%

Lot Size

around average
2,266 sqft
0255075100
Same streetBottom 30%Same areaBottom 9%CitywideBottom 2%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

471 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 356 m), 1 education (nearest 213 m), 4 parks (nearest 148 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

Crime & Safety

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%

Sales History

Sold 6/2022CA$350k–400k
Sold price

Same street

Top 2%

Same area

Top 3%

City-wide

Top 44%
Sold 3/2020CA$250k–300k
Sold price

Same street

Top 23%

Same area

Top 20%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 471 Martin Avenue W, Winnipeg

Property Overview: 471 Martin Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This 2019-built bi-level home in Chalmers stands out for its modern construction in an established neighbourhood. Its key appeal lies in being a nearly new property, ranking in the top 2% for year built on its street, which offers move-in readiness and contemporary building standards without the premium of a brand-new subdivision. With 905 sqft of living space, it provides compact, efficient living. The lot size of 2,266 sqft is manageable, placing it around the neighbourhood average, suggesting lower maintenance without sacrificing outdoor space.

The property suits first-time buyers seeking a modern home without a high-rise condo fee, or downsizers looking for a newer, low-maintenance property. A thoughtful perspective is its assessed value ($27.7k), which is above average for the immediate area but well below the city-wide average, indicating a potentially favourable tax position relative to newer parts of the city. The unrenovated basement presents a clean canvas for future expansion. Its last sale was at $360k in 2022, a price point that was among the best for the street at the time, reflecting its desirability as a recent build.

Section 2: Frequently Asked Questions

1. What does "bi-level" mean for this home?
A bi-level typically means living space is split across two main levels, often with a front door opening to a landing between them. This design can offer good separation of living and sleeping areas in a compact footprint.

2. The assessed value seems very low compared to the 2022 sale price. Why?
Municipal assessed value for tax purposes is not the same as market value. It is based on a mass appraisal system and can lag behind rapid market changes. The significant difference here suggests the property's market value has risen considerably since its last assessment.

3. What are the implications of the "unrenovated" basement?
This means the basement is finished to a basic, functional standard but hasn't been upgraded with high-end finishes. It’s a positive for buyers wanting usable space immediately but with the freedom to customize it later to their own taste and budget.

4. How does this home compare to others on the street?
It is notably newer than most. The data shows homes on Martin Avenue W average a build year of 1934, making this 2019 construction a significant outlier. This often translates to modern insulation, wiring, windows, and building codes.

5. Is the lack of a garage a major drawback?
For some buyers, yes. However, the modern build date means the electrical panel is likely equipped to easily handle adding an electric vehicle charger, which can be a consideration for future-proofing, even with only driveway parking.

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