40.1
Below average
Property score
40.1
Below average
Overall 40.1
Newer than most nearby homes
784 sqft (bottom 33%)
Built in 1955 (21 yrs newer than avg)
Located in a average-income area
with median household income of ~62k
Transit 92.0
4-min walk to transit with 6 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
Below average
18% smaller than neighborhood avg.
Year Built
Above average
21 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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40.1 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
485 Tweed Avenue — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 486 m), 2 education (nearest 173 m), 4 parks (nearest 124 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 6% | Top 17% | Bottom 26% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 13% | Top 29% | Bottom 18% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Bottom 31% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 485 Tweed Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Chalmers presents a practical and straightforward opportunity. Its key characteristic is a renovated basement, adding valuable finished space to the 784 sqft main floor. The home sits on a decently-sized lot (over 4,200 sqft) and includes a detached garage.
The appeal lies in its position as a well-maintained, no-fuss property in an established neighbourhood. The data suggests it has been updated and cared for, with an assessed value that consistently ranks above average for its immediate area and the Chalmers neighbourhood. This indicates a property that stands out positively among its direct peers. The sales history shows steady appreciation.
It would best suit first-time buyers seeking a manageable, move-in-ready home without the upkeep of a larger property, or an investor looking for a solid, low-maintenance rental. It’s a practical choice for those who value a renovated space, a good-sized yard, and a history of stable value in the local context.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
While the living area is below the city-wide average, it is quite typical for the Tweed Avenue streetscape and the broader Chalmers area. The renovated basement effectively expands the usable space.
2. What does the assessed value ranking mean?
The home’s assessed value is in the top 14% on its own street and top 24% in Chalmers, meaning it is valued higher than most comparable homes nearby. This often reflects updates, condition, and desirability within the immediate micro-market.
3. Is the 1955 build date a concern?
The year built (1955) is actually newer than most homes on the street and in the neighbourhood, ranking in the top 14% locally. This suggests the home may have had fewer decades of wear than many surrounding properties.
4. What is the trend in its sale price?
The home has sold three times since 2019, showing a clear upward trajectory in sale price with each transaction, indicating appreciating market value over this period.
5. How does the land size affect the property?
At over 4,200 sqft, the lot is larger than average for both Chalmers and the specific street. This offers more outdoor space than many neighbouring properties, which is a less obvious but valuable asset for gardening, entertaining, or future expansion.
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