Property score
47.1
Below average
Overall 47.1 · Compared with neighbourhood average
1,009 sqft (top 37%) · Built in 1915 (19 yrs older than avg)
Located in a average-income area with median household income of ~55.6k
Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 1 school, 5 parks, 2 place of worships, and 1 government office nearby
Living Area
Near average
6% larger than neighborhood avg.
Year Built
Near average
19 yrs older than neighborhood avg.
Mother tongue
English · 71%Tagalog · 7%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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47.1 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: #46110687
$56K
Median household income
$69K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
41%
Single-person households
15%
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
488 William Newton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 228 m), 5 parks (nearest 120 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 | Bottom 8% | Bottom 8% | Bottom 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 13% | Bottom 14% | Bottom 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 1% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home, built in 1915, presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its positioning as a land-value proposition with a very modest official assessment. The house itself offers 1,009 sqft of living space, an unrenovated basement, and a detached garage on a 2,675 sqft lot. While its living area and age are generally average for its immediate area, its standout characteristic is its significantly below-average assessed value compared to both the neighbourhood and the entire city. This creates a distinct profile: a century-old home on a standard city lot, priced far below typical market benchmarks. It would suit a buyer looking for an entry point into homeownership with renovation potential, an investor considering land value or redevelopment, or someone seeking a low property tax base. The appeal is pragmatic rather than luxurious, focusing on fundamentals and future potential over present condition.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
The property sold for $120,000 in December 2022, but its 2024 assessed value remains at $14,900. This large gap is common when a sale occurs; municipal assessments often lag behind rapid market shifts and are not instant appraisals. The sale price is likely the best indicator of its current market value.
2. What does "below average" for land area mean in this context?
The lot size of 2,675 sqft is below the average for its street, neighbourhood, and city. However, it's a standard residential lot for older Winnipeg neighbourhoods. The "below average" ranking reflects comparisons to newer areas with larger lots, not a deficiency for the area's typical housing form.
3. Is the unrenovated basement a major concern?
It indicates the home likely needs system updates and cosmetic work. For a buyer planning renovations, it's a blank slate. For someone seeking a move-in-ready home, it represents immediate additional investment. A professional inspection is essential to check for foundational, moisture, or wiring issues common in homes of this era.
4. How significant is the 1915 build date?
The age is typical for Chalmers. It means the home has character but may have outdated plumbing, electrical, and insulation. Its "around average" ranking for the street and neighbourhood suggests the area's housing stock is uniformly historic, so renovation costs are a standard consideration here, not an outlier.
5. What can nearby sales tell us?
The sale history shows rapid appreciation from $9,200 in 2019 to $120,000 in 2022. The nearby property at 438 William Newton Ave (a similar style, built 1907) has a higher assessed value ($19,700) and larger living area, providing a useful benchmark. This suggests the subject property's value is tied closely to its specific condition and lot characteristics within this historic, modestly priced area.
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