36.4
Below average
Property score
36.4
Below average
Overall 36.4
Older than most nearby homes
792 sqft (bottom 35%)
Built in 1907 (27 yrs older than avg)
Located in a average-income area
with median household income of ~62k
Transit 92.0
3-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 2 schools, 6 parks, and 1 place of worship nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Below average
27 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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36.4 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
473 Tweed Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 441 m), 2 education (nearest 164 m), 6 parks (nearest 101 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 11% | Top 24% | Bottom 21% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 10% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 473 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home on a standard city lot in the Chalmers neighbourhood. Built in 1907, it offers a classic, no-frills layout with 792 sqft of living space and an unrenovated basement. The detached garage and a land area of 3,754 sqft are practical features for the area. Its appeal lies in its simplicity and position as an entry-point property. The assessed value is very low compared to the citywide average, translating to correspondingly low property taxes. Recent sale prices, while significantly higher than past transactions, remain accessible.
This home would suit a specific buyer: a hands-on first-time purchaser, an investor looking for a straightforward rental, or someone seeking the absolute minimum in ongoing property tax burden. It’s not a move-in-ready showhome but a functional canvas. A thoughtful perspective is that while the home itself is modest, its lot size is above average for Chalmers, offering relative outdoor space and potential for expansion or redevelopment in the long term, subject to zoning.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value reflects the market value estimate for taxation purposes. For this older, smaller home in its specific neighbourhood context, the value is understandably far below the citywide average, which includes newer and much larger properties.
2. What does "Top X%" in the rankings mean?
It indicates how this property compares to a group of peers. For example, a "Top 39%" rank for land area means the lot is larger than 39% of comparable lots on the same street. It’s a relative performance indicator, not an absolute grade.
3. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should assume it is in original, utilitarian condition and budget accordingly for any desired improvements or moisture control.
4. How significant is the jump in sale price from 2021 to 2022?
The price increased from $12.6k to $24.5k between late 2021 and mid-2022. While a large percentage increase, the absolute dollar value change remains relatively small in the broader market. It may reflect increased demand for entry-level assets during that period.
5. What are the main considerations for a buyer here?
The primary considerations are the condition and maintenance needs of a 119-year-old structure, the cost and scope of any desired updates, and the intended use. It is likely best viewed as a long-term hold with a focus on utility rather than short-term resale value.
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