Property score
34.4
Below average
Overall 34.4 · Smaller than most nearby homes
550 sqft (bottom 2%) · Built in 1931 (3 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 5 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Near average
3 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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34.4 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: #46110934
$58K
Median household income
$73K
Average household income
20%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
39%
Single-person households
16%
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
530 Washington Avenue — 8 amenities found within 500 m, across 3 categories, including 5 education (nearest 352 m), 2 parks (nearest 253 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 4% | Bottom 8% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 530 Washington Avenue
Key Characteristics & Appeal
This is a compact, one-storey home built in 1931 on a standard city lot in the Chalmers neighbourhood. Its key characteristics are its modest 550 sqft living area, an unrenovated basement, and a detached garage. The data reveals this property sits at the more affordable end of the market, with an assessed value significantly below local and city-wide averages. Its last sale price was $120k in early 2022.
The primary appeal lies in its position as a potential entry point into homeownership or a straightforward investment property. It suits a very specific buyer: someone seeking a low-cost footprint to customize according to their own vision and timeline, or an investor looking for a rental property with a manageable overhead. The lot size, while below average for the city, is typical for the immediate area and offers standard outdoor space for a home of this era.
A less obvious perspective is that this home represents a "blank canvas" opportunity in a market often filled with renovated flips. For the right person, its below-average metrics on size and value are not drawbacks but the very features that make a purchase feasible, allowing for sweat equity to build value over time.
Frequently Asked Questions
1. Is this a "tear-down" or a livable home?
Based on the sale history and assessed value, it is likely a functional but basic home. The mention of an unrenovated basement suggests it is livable but would benefit from updates. Its fate as a tear-down would depend entirely on a buyer's plans and the specific structural condition.
2. Why is the assessed value so much lower than the last sale price?
Municipal assessed value for tax purposes often lags behind market sale prices and is calculated using a different methodology. The 2022 sale price of $120k is a more current indicator of its market value at that time.
3. What does the "top 99%" ranking for living area mean?
This statistic means the home's living area (550 sqft) is smaller than approximately 99% of comparable homes in the city. It clearly highlights the compact nature of the interior living space.
4. What are the implications of an unrenovated basement?
This typically indicates the basement is in original or functional condition, but not modernized. It presents both a potential for future finished space and a responsibility for the buyer to inspect for foundational integrity, moisture management, and necessary updates to electrical or plumbing systems.
5. Who would this property not suit?
It would not suit buyers looking for a move-in-ready home, those needing significant space, or anyone unwilling to take on potential renovation projects. The data consistently shows this property is well below averages for size and value, indicating a project or a very modest living arrangement.
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