52.1
Fair
Property score
52.1
Fair
Overall 52.1
Newer than most nearby homes
960 sqft (top 42%)
Built in 2014 (80 yrs newer than avg)
Located in a average-income area
with median household income of ~62k
Transit 92.0
2-min walk to transit with 6 nearby routes
Within 500m: 1 dining spot, 2 schools, 5 parks, and 2 place of worships nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Above average
80 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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52.1 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
491 Riverton Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 452 m), 2 education (nearest 108 m), 5 parks (nearest 200 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 4% | Bottom 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 9% | Top 6% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 491 Riverton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 491 Riverton Avenue presents a distinct profile within Winnipeg’s Chalmers neighborhood. Its key characteristic is its modern age, built in 2014, making it a notably newer construction compared to most homes on its street and in the wider area. The home features a renovated basement and a detached garage on a modest, manageable lot. With 960 sqft of living space, it offers compact and efficient living.
The appeal lies in this modern foundation within an established community. Buyers gain a contemporary structure—likely with newer mechanical systems and building standards—without the premium of a brand-new subdivision. The renovated basement adds functional space. This property would particularly suit first-time homebuyers or downsizers seeking a low-maintenance, modern home in a mature neighborhood. It also represents a practical investment opportunity, as its assessed value ranks highly within Chalmers, suggesting strong value retention for the area.
A less obvious perspective is the lot size. While the land area is below the city average, it offers a balance—enough outdoor space for gardening or relaxation without demanding extensive upkeep. For the right buyer, this is a feature, not a drawback.
Section 2: Frequently Asked Questions
1. Is this a recently flipped or renovated property?
The data shows the home was built in 2014, so it is inherently modern. The listing specifically notes the basement has been renovated, but the main structure is only 12 years old, suggesting major systems are relatively new and not part of a wholesale rehab project.
2. How does the assessed value compare to recent sale prices?
The current assessed value is $34,700. The home last sold in December 2019 for $33,500, indicating assessed value is closely aligned with that recent transaction. A prior sale in 2016 was for $320,000, providing a longer-term price history.
3. What does the "Elite" ranking for Year Built mean?
This statistical ranking indicates the home's 2014 build date is newer than approximately 96% of comparable properties in the Chalmers neighborhood and on Riverton Avenue. It is a standout feature in an area with many older homes.
4. Is the living space too small?
At 960 sqft, the living area is slightly below the average for the immediate street but is actually very close to the average for the Chalmers neighborhood (953 sqft). It represents a efficient, compact layout suitable for individuals, couples, or small families.
5. What is the context for the detached garage and lot size?
The home includes a detached garage, a valuable asset in Winnipeg. The lot, at 2,749 sqft, is smaller than the city average but is a typical size for the local area. This can mean lower maintenance and landscaping costs while still providing private outdoor space.
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