Property score
54.2
Fair
Overall 54.2 · Larger and newer than most nearby homes
1,152 sqft (top 19%) · Built in 1972 (38 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
Living Area
Above average
21% larger than neighborhood avg.
Year Built
Above average
38 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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54.2 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
495 Riverton Avenue — 11 amenities found within 500 m, across 5 categories, including 1 dining (nearest 460 m), 2 education (nearest 98 m), 5 parks (nearest 195 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 44% | Top 50% | Bottom 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 495 Riverton Avenue in Winnipeg's Chalmers neighbourhood presents a practical opportunity. Built in 1972, it is notably newer than most homes on its street and in the immediate area. Its key features include a renovated basement and a living area that is spacious compared to local norms. The lot size is typical for Riverton Avenue but modest by wider city standards. With no garage or pool, the property leans toward low-maintenance living. Its most defining characteristic is its value proposition: the assessed and recent sale prices are significantly below the Winnipeg city average, offering an accessible entry point into the market.
Who It's For & Its Appeal
This home suits first-time buyers or practical investors seeking a straightforward, no-frills property in a long-established neighbourhood. Its appeal lies in its relative modernity for the area, the updated basement, and its manageable size. A thoughtful perspective is that while the lot is not large, its average size for the street suggests a streetscape of consistent scale, which can contribute to neighbourhood cohesion and a sense of space. It would also suit a buyer who prioritizes putting their own stamp on a home, as the price point may allow room for future updates. The low assessed value indicates very manageable property taxes, a significant and often overlooked ongoing cost benefit.
Frequently Asked Questions
1. How does the year built (1972) compare to nearby homes?
This home is newer than most in its immediate vicinity. It ranks in the top 16% on Riverton Avenue for its year of construction, meaning it is significantly more modern than the majority of its neighbours, which often date to the early 1900s.
2. Is the living space large for the area?
Yes. With 1,152 square feet, the living area is above the average for both Riverton Avenue and the broader Chalmers neighbourhood, offering more interior space than many comparable local properties.
3. What should I know about the lot size?
The land area of 2,814 sqft is around the average for Riverton Avenue and Chalmers. However, it is below the average lot size for the entire City of Winnipeg, which is typical for older, established neighbourhoods closer to the city's core.
4. Why is the assessed value so much lower than the city average?
The assessed value is based on the local market and property characteristics. While it is typical for Chalmers and Riverton Avenue, it is far below the Winnipeg city average because that average includes newer, larger homes in suburban areas with higher-valued land, pulling the city-wide figure up.
5. What does the sale history indicate?
The home sold previously in October 2020 for $19,600, which is closely aligned with its current assessed value of $21,100. This suggests a stable and consistent valuation in the local market context over recent years.
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