53.0
Fair
Property score
53.0
Fair
Overall 53.0
Larger but older than most nearby homes
1,214 sqft (top 15%)
Built in 1912 (22 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
Above average
27% larger than neighborhood avg.
Year Built
Below average
22 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
53.0 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
475 Tweed Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 449 m), 2 education (nearest 164 m), 6 parks (nearest 103 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 36% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Tweed Avenue, built in 1912, presents a unique opportunity centered on its generous living space and renovated basement. With 1,214 sqft of living area, it stands out as notably larger than most comparable homes in both its immediate street and the broader Chalmers neighbourhood. The lot size is a comfortable 3,641 sqft, typical for the area. While its age and assessed value place it below the Winnipeg citywide average, this positioning is a key part of its character and appeal, suggesting a more accessible entry point into the market. The home last sold in 2016.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average interior space for the locale and the value of a finished basement. It suits a practical buyer looking for more room than is typically available in older neighbourhood homes, without the premium of a new build. It would be ideal for a first-time homeowner comfortable with the character and maintenance considerations of a century-old house, or an investor seeking a property with solid fundamentals in a well-established community. A thoughtful perspective is that its "below average" citywide assessment isn't necessarily a drawback, but rather reflects its authentic place in a mature neighbourhood, potentially offering a more stable and predictable value proposition compared to volatile, high-growth areas.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or quality of the finishes. A professional inspection is recommended to determine the scope of work, compliance with building codes, and its suitability for your needs.
2. How does the low assessed value impact property taxes?
A lower assessed value generally results in lower municipal property taxes compared to a newer or higher-valued home in the city. This can be a significant ongoing cost savings.
3. Are there any concerns with a house built in 1912?
While offering charm, a home of this age will likely have older building materials and systems. Prospective buyers should budget for potential updates to wiring, plumbing, insulation, and the roof, and should always secure a thorough home inspection.
4. There is no garage. What are the parking options?
The property has no garage. Parking would be limited to on-street. It's advisable to check local parking regulations and observe typical availability on the street at different times.
5. The home sold for less than its assessed value in 2016. What does that mean?
A past sale price below assessment is not uncommon and can be influenced by many factors, including market conditions at the time, the property's state then, and specific sale terms. Current market value should be determined by a recent comparative market analysis.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
