Property score
45.2
Below average
Overall 45.2 · Newer than most nearby homes
790 sqft (bottom 34%) · Built in 2018 (84 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
Below average
17% smaller than neighborhood avg.
Year Built
Above average
84 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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45.2 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: #46110931
$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
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
483 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 391 m), 1 education (nearest 175 m), 4 parks (nearest 137 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 10% | Top 11% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 2018-built bi-level home at 483 Martin Avenue W in Winnipeg's Chalmers neighbourhood presents a distinct profile. Its key appeal lies in its modern construction, being newer than 98% of homes on its street and in its area. The home features a renovated basement and a living area of 790 sqft, which is typical for the immediate locale. The lot size of 2,266 sqft is also around average for the street. Notably, its assessed value ranks significantly above average for both the street and the neighbourhood, though it sits below the city-wide average. This suggests a property that is modern and well-regarded in its specific, established community context.
It would suit a buyer looking for a low-maintenance, newer build in a mature neighbourhood without paying a premium for a large lot or extensive square footage. It's a practical choice for a first-time homebuyer, a downsizer, or an investor seeking a modern property with a renovated basement in a long-established area.
Key Questions & Considerations
1. Why is the assessed value so much higher than nearby homes on the same street?
The primary reason is the home's age. Built in 2018, it is decades newer than most neighbouring properties, which were built in the early 1900s. Modern construction standards, systems, and materials typically result in a higher valuation.
2. Is the living space sufficient for a growing family?
At 790 sqft, the living area is compact. The bi-level design and renovated basement likely provide additional functional space, but buyers should consider if the above-ground footprint meets their long-term needs for a family.
3. What are the implications of not having a garage?
This means all parking will be on-street or via a potential driveway (if space permits). Buyers should consider vehicle security, winter convenience, and storage needs, as the basement may become crucial for storing seasonal items.
4. How does the lot size compare, and what does it allow?
The lot is average for the street but below average for the wider city. It provides adequate outdoor space for a patio or small garden but may not accommodate large additions or extensive landscaping. This can mean less yard maintenance.
5. The home sold very recently (December 2023). What should I ask about this?
It's important to inquire why it is back on the market so quickly. This could be due to a change in the owner's circumstances, but it warrants understanding if there were any undisclosed issues or if the current sale is part of a flip or investment strategy.
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