Property score
51.6
Fair
Overall 51.6 · Newer than most nearby homes
984 sqft (top 40%) · Built in 1996 (62 yrs newer 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
3% larger than neighborhood avg.
Year Built
Above average
62 yrs newer 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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51.6 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
492 William Newton Avenue — 9 amenities found within 500 m, across 4 categories, including 1 education (nearest 219 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 | Top 29% | Top 24% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 492 William Newton Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 492 William Newton Avenue in the Chalmers neighbourhood presents a practical and modernized living option. Its key characteristics include a renovated basement, a detached garage, and a notably newer construction year (1996) compared to most homes on its street and in the wider area. The living space (984 sqft) is typical for the local context but modest by city-wide standards.
The appeal lies in its balance of contemporary infrastructure and manageable scale. Unlike many older homes in Winnipeg, it offers modern systems and likely requires less immediate maintenance. The renovated basement adds valuable finished space. Its lot size, while below the city average, is generous for the neighbourhood, offering good outdoor space without excessive upkeep. This property would suit first-time buyers seeking a move-in-ready home without the surprises of an older build, or downsizers looking for a modern, low-maintenance property in a well-established area. It’s a pragmatic choice for those who value newer construction and updates over sheer square footage.
Section 2: Frequently Asked Questions
1. How does the 1996 build year impact this home?
Being built in 1996 means major components like wiring, plumbing, and insulation meet modern standards, potentially leading to lower maintenance costs and better energy efficiency compared to the century-old homes common in the area.
2. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value of $28.2k is for municipal tax purposes. The last recorded sale was in 2017 for $24.6k. Market conditions and property improvements since then will determine the current listing and sale price.
3. What does the "below average" city-wide land area actually mean for me?
While the lot is smaller than the Winnipeg average, it is actually close to the average for Chalmers. This suggests a manageable yard that requires less work than a larger plot, which can be a benefit for those not wanting extensive landscaping duties.
4. The home is described as a "bi-level." What should I expect?
A bi-level typically has a ground-level entry leading to a short staircase. One flight goes up to the main living areas (kitchen, living room), and another goes down to a lower level (often with a family room, utilities, and the renovated basement space mentioned). This style offers good separation of living and sleeping areas.
5. How does this property compare to its immediate neighbours?
The data shows it is newer than nearby homes (like 490 William Newton, built in 1907) and has a higher assessed value. This indicates it may offer more modern amenities and condition compared to adjacent properties, potentially standing out on the block.
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