45.6
Below average
Property score
45.6
Below average
Overall 45.6
Newer than most nearby homes
832 sqft (bottom 41%)
Built in 1951 (17 yrs newer 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, 5 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
13% smaller than neighborhood avg.
Year Built
Above average
17 yrs newer 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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45.6 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
484 Tweed Avenue — 10 amenities found within 500 m, across 5 categories, including 1 dining (nearest 498 m), 2 education (nearest 122 m), 5 parks (nearest 156 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 17% | Top 32% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 28% | Top 45% | Bottom 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 484 Tweed Avenue, Winnipeg
Key Characteristics & Appeal
This 1951 one-storey home in Chalmers presents a unique value proposition centered on its land and location. Its primary appeal lies in the generous 5,505 sqft lot, which is significantly larger than most in both the immediate area and the wider neighbourhood, ranking in the top 11% on its street. This offers substantial outdoor space and potential in a well-established community. The home itself is modest at 832 sqft of living space, but features a renovated basement, adding functional square footage. It includes a detached garage.
The property suits practical, value-oriented buyers. It’s ideal for someone seeking an entry point into homeownership with a premium lot size, or an investor looking for a property with land value and renovation potential. The historically low assessed and sale prices indicate a lower financial barrier to entry, but the below-average city-wide rankings for living area and value suggest a compact home in a more affordable market segment. A thoughtful perspective is that this property trades interior square footage for exterior space and neighbourhood positioning, appealing to those who prioritize yard over house size.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The lot is notably larger than typical properties on Tweed Avenue and in the Chalmers area, offering more private outdoor space than you’d find in most comparable listings.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or finish. This should be verified during a viewing to understand the quality and layout of the additional space.
3. Who is this home most suitable for?
It's well-suited for first-time buyers, downsizers seeking a manageable home with a large yard, or investors. The modest living area may not fit growing families unless expansion is planned.
4. How does the assessed value compare to recent sale prices?
The current assessed value ($24.3k) is slightly higher than the last recorded sale price in 2021 ($22.6k). This is common, but it's important to note both figures are significantly below Winnipeg city-wide averages, reflecting the property's scale and market segment.
5. Are there any concerns about the home's age?
Built in 1951, the home is older than the Winnipeg average. While the basement has been renovated, a thorough inspection is recommended to assess the condition of major systems like plumbing, electrical, and the foundation.
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