44.2
Below average
Property score
44.2
Below average
Overall 44.2
Older than most nearby homes
990 sqft (top 39%)
Built in 1907 (27 yrs older than avg)
Located in a average-income area
with median household income of ~62k
Transit 92.0
3-min walk to transit with 6 nearby routes
Within 500m: 2 schools, 5 parks, 1 place of worship, and 1 government office nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
4% larger than neighborhood avg.
Year Built
Below average
27 yrs older 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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44.2 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
525 Riverton Avenue — 9 amenities found within 500 m, across 4 categories, including 2 education (nearest 86 m), 5 parks (nearest 193 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 11% | Bottom 17% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 525 Riverton Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1907, presents a classic character property with practical fundamentals. Its key appeal lies in a value-oriented proposition within the Chalmers neighbourhood. The 990 sqft living space is typical for the immediate area, but the property stands out with a notably generous 4,396 sqft lot, offering above-average outdoor space compared to most neighbours—a significant asset for gardening, expansion, or simply enjoying more privacy.
The home’s assessed value is well below city averages, indicating a potentially accessible entry point into the market. It features a detached garage and an unrenovated basement, presenting a straightforward canvas. This property would suit a pragmatic first-time buyer, an investor looking for a character home with land, or a hands-on owner comfortable with a home that may require updates over time. Its appeal is grounded in space and location rather than modern finishes, offering a chance to build equity through gradual improvement.
Frequently Asked Questions
1. What does "below average" assessed value mean for a buyer?
A lower assessment often correlates with a more accessible purchase price and lower property taxes. However, it typically reflects the home’s age, condition, and market position, suggesting buyers should budget for maintenance or updates.
2. How significant is the larger lot size?
A lot size in the top 20% for the area is a considerable advantage. It provides more yard space than most nearby homes and could offer future potential, such as adding a garden suite (subject to zoning approval) or simply enjoying more outdoor living area.
3. The basement is noted as "not renovated." What should I expect?
This indicates the basement is likely in original or functional condition, with unfinished or dated finishes. It provides essential utility space and storage but may not be suited for modern living quarters without investment.
4. The home last sold in 2016. What does that indicate?
A sale eight years ago suggests the current owners have had a stable tenure. It may also indicate that any updates made since then are now nearly a decade old, so a thorough inspection is advisable to understand the home’s current state.
5. How does the living area compare to nearby modern homes?
At 990 sqft, the living space is compact by today’s standards but is actually slightly above the average for the Chalmers area. This suggests efficient use of space is characteristic of the neighbourhood, and the home’s footprint is competitive locally despite being smaller than newer suburban builds.
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