41.2
Below average
Property score
41.2
Below average
Overall 41.2
Compared with neighbourhood average
874 sqft (bottom 46%)
Built in 1925 (9 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 8 nearby routes
Within 500m: 1 dining spot, 2 schools, 4 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
Near average
8% smaller than neighborhood avg.
Year Built
Near average
9 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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41.2 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
476 Thames Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 411 m), 2 education (nearest 201 m), 4 parks (nearest 62 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 33% | Top 34% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 476 Thames Avenue presents a practical opportunity in Winnipeg's Chalmers neighborhood. Built in 1925, its key characteristic is its solidly average standing within its immediate area. With 874 sqft of living space and a detached garage, it sits on a lot that is notably above average in size for Chalmers. The unrenovated basement indicates potential for future customization. Its appeal lies in its stable, middle-of-the-road metrics for the street and neighborhood, suggesting a property that is neither over-improved nor an outlier, which can be a prudent choice. It would suit a first-time buyer, an investor, or a downsizer looking for a straightforward, lower-maintenance home with the space of a decent lot in an established area. A thoughtful perspective is that its "average" rankings locally, paired with a larger-than-average lot for the neighborhood, could represent a value proposition where you're paying primarily for the land and location, with the house itself offering a blank canvas.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within its immediate area and on Thames Avenue, this home is consistently around average in terms of living space, assessed value, and lot size. Its lot is actually above average for the wider Chalmers neighborhood.
2. What does the "unrenovated basement" imply?
It indicates the basement is in functional, original condition. It offers usable space but likely requires updates to finishes, flooring, or layout to modernize it, representing both a project and an opportunity to add value.
3. Is the assessed value the same as the market value?
No. The assessed value (approximately $20,900) is for municipal tax purposes. The last known sale was in June 2021 for $22,500. Current market value is determined by recent sales of comparable homes and will differ.
4. Who might this property not suit?
It may not suit buyers seeking a modern, move-in-ready home without projects, or those who prioritize a large interior living space, as the square footage is below the citywide average.
5. What is a less obvious consideration with a home from 1925?
While it offers classic charm, a home of this age requires a diligent inspection for its core systems (wiring, plumbing, foundation) and updates that may have been made over the decades. Its longevity can be a testament to its build quality, but maintenance history is key.
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