Property score
54.3
Fair
Overall 54.3 · Compared with neighbourhood average
876 sqft (bottom 46%) · Built in 1946 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~79k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
8% smaller than neighborhood avg.
Year Built
Near average
12 yrs newer than neighborhood avg.
Mother tongue
English · 80%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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54.3 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: #46110897
$79K
Median household income
$94K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
23%
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
481 Henderson Highway — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 368 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 19% | Top 37% | Bottom 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 481 Henderson Highway, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 1946 on a notably large lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in the land itself—at 7,490 sqft, the property offers an above-average yard size for the city and is exceptionally large for the Chalmers area, ranking in the top 1% locally. This presents a significant opportunity for gardening, expansion, or future redevelopment. The home features a renovated basement, adding functional living space, and a detached garage.
The living area (876 sqft) is compact, suggesting a cozy, efficient layout that’s easier to maintain. The assessed value is relatively low for the neighbourhood, indicating a potentially accessible entry point into an area where property values are generally higher.
This property would best suit a pragmatic buyer who values land over square footage. It’s ideal for someone looking for a starter home with untapped outdoor potential, an investor interested in the long-term value of the lot, or a downsizer seeking a manageable house with generous garden space. Its location on Henderson Highway offers high visibility and convenience, though buyers should consider traffic noise.
Frequently Asked Questions
1. What is the most significant feature of this property?
The standout feature is the lot size. At 7,490 sqft, it is substantially larger than most properties in Chalmers and across Winnipeg, offering rare potential for outdoor use or future development.
2. Is the house itself in good condition?
The listing notes a renovated basement, which is a positive update. As the main house was built in 1946, prospective buyers should budget for a thorough inspection to assess the condition of major systems (roof, wiring, plumbing) common to homes of this era.
3. Who would this home be a good fit for?
It’s well-suited for first-time buyers or investors focused on land value, or for those who prioritize a large yard over a large house. The efficient living space and renovated basement make it practical, while the lot offers a unique advantage in the area.
4. How does the assessed value compare?
The assessed value is above average for Chalmers but below the city-wide average. This suggests the property is valued more for its desirable location and lot size within the neighbourhood than for the size or condition of the dwelling itself.
5. What should I consider about the location?
Being directly on Henderson Highway means excellent access to major routes and high visibility. Buyers should personally visit to gauge traffic noise and pedestrian accessibility, as these can be trade-offs for the convenience.
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