487 Martin Avenue W

Chalmers, ਵਿਨੀਪਿਗ

Property score

36.0

Below average

Overall 36.0 · Smaller than most nearby homes

707 sqft (bottom 21%) · Built in 1927 (7 yrs older 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

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

26% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

7 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 8%

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

36.0 is composed by the two sections below.

Property Score

23.0Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ707 sqft22Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ192720Low
ਜ਼ਮੀਨ2,266 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

55.4Fair
Household Income70Good
Education Level10Low
Housing Stress74Good
Core Housing Need50Fair
Employment Health60Fair

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Chalmers

How to read: Share of sales in each ~$50k price band for “chalmers” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110931

Community deep dive

$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

Population, labour & age

Population (2021)738
Labour force participation rate61%
Median age35.2
Avg household size2.5
Unemployment rate8%
Population density5271 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households29%
Couple families with children17%
Median household income (2020)$68K

Housing

Renter households32%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority33%
Bachelor's or higher (25–64)8%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 7%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
707 sqft
0255075100
Same streetਹੇਠਲੇ 23%Same areaਹੇਠਲੇ 21%Citywideਹੇਠਲੇ 4%
Same street · Martin Avenue W
#322 / 419
ਹੇਠਲੇ 23% · ਔਸਤ 948 sqft
Same area · Chalmers
#2,222 / 2,815
ਹੇਠਲੇ 21% · ਔਸਤ 953 sqft
Citywide · ਵਿਨੀਪਿਗ
#186,422 / 194,458
ਹੇਠਲੇ 4% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
200k
0255075100
Same streetਹੇਠਲੇ 46%Same areaਹੇਠਲੇ 49%Citywideਹੇਠਲੇ 8%
Same street · Martin Avenue W
#225 / 419
ਹੇਠਲੇ 46% · ਔਸਤ 211.2k
Same area · Chalmers
#1,448 / 2,815
ਹੇਠਲੇ 49% · ਔਸਤ 210.8k
Citywide · ਵਿਨੀਪਿਗ
#178,487 / 194,458
ਹੇਠਲੇ 8% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1927
0255075100
Same streetਟਾਪ 49%Same areaਟਾਪ 40%Citywideਹੇਠਲੇ 16%

ਜ਼ਮੀਨ

ਔਸਤ
2,266 sqft
0255075100
Same streetਹੇਠਲੇ 30%Same areaਹੇਠਲੇ 9%Citywideਹੇਠਲੇ 2%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

487 Martin Avenue W — 6 amenities found within 500 m, across 3 categories, including 1 dining (nearest 404 m), 1 education (nearest 163 m), 4 parks (nearest 137 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks4

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

3/2024 ਵਿਚ ਵਿਕਿਆCA$150k–200k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 35%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 35%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 6%

Related homes

ਵਿਨੀਪਿਗ 487 Martin Avenue W — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 487 Martin Avenue W, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1927, situated on a standard-sized lot in the Chalmers neighbourhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its affordability and efficiency, as reflected in its below-average sale price and modest 707 sq ft living area. It represents a straightforward, lower-maintenance property in a mature community.

The data suggests it suits specific buyer profiles well. First-time buyers or investors looking for an entry point into the market with a manageable footprint and renovation potential (particularly with the basement already updated) will find it compelling. It’s less suited for those needing significant space. A thoughtful perspective is that while the living area is smaller than most, the lot size is relatively generous for the street, offering valuable outdoor space or future expansion potential that isn't immediately obvious from the home's footprint alone. The property’s assessed value is consistent with its immediate area, indicating a stable, no-surprises valuation in a neighbourhood of similar homes.

Section 2: Frequently Asked Questions

1. Is the house particularly small?
Yes. At 707 sq ft, the living area is below average for the street, neighbourhood, and city. It’s a compact home suited for a single person, a couple, or an investor.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent regarding the finish, ceiling height, and permitted uses.

3. How does the sale price compare?
The recent sale price of $173,000 was below the Winnipeg city-wide average but around the average for the Chalmers neighbourhood, indicating a typical price for this specific area.

4. What is the land like?
The lot is 2,266 sq ft, which is around average for Martin Avenue W but smaller than typical lots across Winnipeg. This means yard space is proportionate to the street but not expansive.

5. Are the property taxes likely to be high?
With an assessed value of $200,000, which is around average for the area but below the city average, the property taxes should be correspondingly moderate for Winnipeg, but always verify with an official tax statement.

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