486 Riverton Avenue

Chalmers, Winnipeg

Property score

41.8

Below average

Overall 41.8 · Compared with neighbourhood average

830 sqft (bottom 40%) · Built in 1922 (12 yrs older than avg)

Located in a average-income area with median household income of ~62k

Transit 100.0 · 2-min walk to transit with 6 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 2 place of worships nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Near average

12 yrs older than neighborhood avg.

Mother tongue

English · 78%Tagalog · 3%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

41.8 is composed by the two sections below.

Property Score

34.2Low
Living Area32
830 sqftLow
Year Built20
1922Low
Lot Size53
4,003 sqftFair
Neighbourhood Sales Activity61
Fair

Community Score

53.2Fair
Household Income64
Fair
Education Level34
Low
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health42
Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110688

Community deep dive

$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

Population, labour & age

Population (2021)601
Labour force participation rate57%
Median age30.6
Avg household size2.7
Unemployment rate14%
Population density2003 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households31%
Couple families with children26%
Median household income (2020)$62K

Housing

Renter households46%
Condominium dwellings4%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority33%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
830 sqft
0255075100
Same streetBottom 30%Same areaBottom 40%CitywideBottom 11%
Same street · Riverton Avenue
#140 / 199
Bottom 30% · Avg 1,035 sqft
Same area · Chalmers
#1,687 / 2,815
Bottom 40% · Avg 953 sqft
Citywide · Winnipeg
#173,099 / 194,458
Bottom 11% · Avg 1,342 sqft

Tax-Assessed Value

around average
229k
0255075100
Same streetTop 37%Same areaTop 34%CitywideBottom 13%
Same street · Riverton Avenue
#73 / 199
Top 37% · Avg 218k
Same area · Chalmers
#951 / 2,815
Top 34% · Avg 210.8k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

around average
1922
0255075100
Same streetTop 38%Same areaTop 45%CitywideBottom 14%

Lot Size

above average
4,003 sqft
0255075100
Same streetTop 41%Same areaTop 24%CitywideBottom 26%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

486 Riverton Avenue — 10 amenities found within 500 m, across 5 categories, including 1 dining (nearest 486 m), 1 education (nearest 98 m), 5 parks (nearest 243 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks5
Worship2
🏛️Government1

Crime & Safety

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%

Sales History

Sold 1/2020CA$200k–250k
Sold price

Same street

Top 49%

Same area

Top 43%

City-wide

Bottom 12%

Related homes

Highlights & common questions: 486 Riverton Avenue, Winnipeg

Property Summary: 486 Riverton Avenue, Winnipeg

Key Characteristics & Appeal

This one-storey home on a 4,003 sqft lot in Chalmers presents a practical and straightforward opportunity. Its key characteristic is balance: at 830 sqft, the living space is very typical for the immediate area and neighbourhood, offering a manageable layout. The home’s assessed value is also aligned with local norms, suggesting it fits comfortably within the market context of Riverton Avenue and Chalmers. A notable feature is the renovated basement, adding functional space. The detached garage and a lot size that is above average for Chalmers provide valuable outdoor and storage utility not always found in similar homes.

The appeal lies in its position as a stable, no-surprises property within its community. It’s a home that doesn’t stand out for extreme size or modern age, but rather for being squarely in the middle of its local peer group. This can be attractive for buyers seeking predictability and a sense of proportion in their investment. It would suit first-time buyers or practical downsizers looking for an affordable entry into a neighbourhood without the premium price of a larger or fully modernized home. A thoughtful perspective is that its "average" metrics within the area could mean less volatility and more predictable long-term value, appealing to the cautious investor or homeowner.


Frequently Asked Questions

1. How does the size of this home compare to others?
At 830 sqft, the living area is very close to the average for both Riverton Avenue (1,035 sqft avg.) and the broader Chalmers neighbourhood (953 sqft avg.). It is a comfortably standard size for the area.

2. Is the assessed value typical for this property?
Yes. The assessed value of $22,900 is around the average for comparable homes on its street and in the Chalmers area, indicating it is priced consistently with its local market.

3. What is the significance of the lot size?
The 4,003 sqft lot is a positive feature, ranking above average within the Chalmers neighbourhood. This means you likely get more outdoor space than many nearby properties.

4. The home was built in 1922. Should I be concerned?
The year built (1922) is typical for the street and area, where homes of this era are common. While this suggests potential for older-home maintenance, it also means local trades are very familiar with houses of this style and age.

5. How does it compare to the wider Winnipeg market?
City-wide, this home is below average in size, lot size, and assessed value, which is expected for a mature neighbourhood. This highlights its position as an affordable, community-focused option rather than a large, suburban-style property.