491 Talbot Avenue

Chalmers, Winnipeg

Property score

51.9

Fair

Overall 51.9 · Larger but older than most nearby homes

1,116 sqft (top 24%) · Built in 1907 (27 yrs older than avg)

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

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

Above average

17% larger than neighborhood avg.

Taon ng Paggawa

Below average

27 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

51.9 is composed by the two sections below.

Property Score

51.1Fair
Living Area60
1,116 sqftFair
Taon ng Paggawa10
1907Low
Lupa67
5,084 sqftGood
Neighbourhood Sales Activity61
Fair

Community Score

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

Istatistika ng benta ng komunidad

Chalmers

How to read: Share of sales in each ~$50k price band for “chalmers” (Detached na bahay (hindi 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.

Mga ranggo

Living Area

lampas sa average
1,116 sqft
0255075100
Same streetTop 26%Same areaTop 24%CitywideBottom 41%
Same street · Talbot Avenue
#100 / 384
Top 26% · Avg 997 sqft
Same area · Chalmers
#675 / 2,815
Top 24% · Avg 953 sqft
Citywide · Winnipeg
#114,529 / 194,458
Bottom 41% · Avg 1,342 sqft

Assessed Value

karaniwan
213k
0255075100
Same streetBottom 35%Same areaTop 44%CitywideBottom 10%
Same street · Talbot Avenue
#249 / 384
Bottom 35% · Avg 239.3k
Same area · Chalmers
#1,235 / 2,815
Top 44% · Avg 210.8k
Citywide · Winnipeg
#174,757 / 194,458
Bottom 10% · Avg 390.1k

Taon ng Paggawa

mas mababa sa average
1907
0255075100
Same streetBottom 17%Same areaBottom 11%CitywideBottom 4%

Lupa

lampas sa average
5,084 sqft
0255075100
Same streetTop 15%Same areaTop 10%CitywideBottom 47%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

491 Talbot Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 89 m), 5 parks (nearest 198 m).

Search radius
🏫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%

Kasaysayan ng Benta

Naibenta 7/2020CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 17%

Parehong lugar

Bottom 28%

Buong lungsod

Bottom 5%

Related homes

Mga tampok at karaniwang tanong: 491 Talbot Avenue, Winnipeg

Property Overview & Key Characteristics

This one-and-three-quarter storey home on Talbot Avenue is a classic Winnipeg property with distinct character. Built in 1907, it offers 1,116 sqft of living space and sits on a notably generous 5,084 sqft lot for its Chalmers neighbourhood, placing it in the top 10-15% for land size in the area. The home has a basement, but it is not renovated, and there is no garage or pool. Its assessed value is modest, especially when viewed citywide, which often indicates a different property tax reality compared to newer subdivisions.

The appeal lies in its solid, above-average lot size and the potential that comes with an older, unrenovated character home. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on individual—who values space over turn-key finishes. This buyer would be comfortable with a home that requires updates over time and is more interested in the fundamentals of land value and location than in modern amenities. A less obvious perspective is that the very modest assessment, while reflective of the home's condition, can represent a long-term value proposition in a city where property taxes are a significant ongoing cost.

Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor where the roofline slopes inward, reducing the ceiling height or square footage in parts of the upper level. It often adds unique character but can mean slightly less usable space on the top floor compared to a full two-storey.

2. The assessed value seems very low compared to the last sale price. Why?
The home's assessed value for municipal tax purposes is often based on mass appraisal models and may not directly reflect current market value, especially for older, unique homes. The last sale price from 2020 is a stronger indicator of its market worth, though conditions have changed since then.

3. How significant is the large lot size?
In the Chalmers neighbourhood, a lot over 5,000 sqft is a considerable asset. It offers more outdoor space, better potential for additions or landscaping, and future development options (subject to zoning) than many nearby properties. This is a key differentiator for this home.

4. What should I expect with an unrenovated basement?
This typically indicates original or older foundations, flooring, and utilities. It presents both a blank canvas and a potential project. Budgeting for moisture management, insulation, and modernizing mechanical systems should be a priority in any purchase plan.

5. The home is older than most on the street. Is that a concern?
Its 1907 build date means it has stood for over a century, which speaks to its durability, but it also requires a proactive maintenance mindset. Key considerations for a home of this age include the state of the wiring, plumbing, roof, and insulation. A thorough inspection is essential.