Property score
58.9
Fair
Overall 58.9 · Larger than most nearby homes
1,092 sqft (top 26%) · Built in 1946 (12 yrs newer than avg)
Located in a above-average income area with median household income of ~79k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 park, 1 bank/ATM, and 1 place of worship nearby
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Near average
12 yrs newer than neighborhood avg.
Mother tongue
English · 80%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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58.9 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: #46110897
$79K
Median household income
$94K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
35%
Single-person households
23%
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
531 Henderson Highway — 4 amenities found within 500 m, across 4 categories, including 1 education (nearest 490 m), 1 parks (nearest 344 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 35% | Top 24% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 531 Henderson Highway
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a practical opportunity on a well-known Winnipeg artery. Its key appeal lies in its position as a modest, entry-level property with a surprisingly spacious lot for the Chalmers neighborhood. At 1,092 sqft, the living space is manageable and typical for the area, but the 4,623 sqft land parcel is notably larger than most in the community, offering valuable outdoor space or future potential.
The home’s assessed value is significantly below average for Henderson Highway itself, suggesting it may be a more affordable option on this major route. It suits first-time buyers, investors, or handy individuals comfortable with a property that has an unfinished basement and likely requires updates reflective of its era. The appeal is grounded in location, lot size, and affordability rather than turn-key finish. A thoughtful perspective is that while the house itself is unassuming, the above-average lot size in Chalmers provides a balance of urban accessibility and private outdoor room that is increasingly rare at this price point.
Section 2: Frequently Asked Questions
1. What does the assessed value tell us about the property?
The assessed value is below average for Henderson Highway but around average for the wider Chalmers area. This typically indicates the property is a more modest offering on this main road, which is reflected in its recent sale price.
2. Is the lot size a significant feature?
Yes. While the lot is smaller than others directly on Henderson Highway, it ranks in the top 14% for size within the Chalmers neighborhood. This means you get more private outdoor space than most homes in the community.
3. What should I expect with a home from 1946?
Buyers should anticipate character-appropriate updates may be needed. The unfinished basement presents both a project and a blank canvas for storage or future development, subject to permits and inspections.
4. How does the living space compare?
At 1,092 sqft, it is slightly above average for Chalmers but smaller than the typical Winnipeg home. It offers a practical footprint for a smaller household or those prioritizing lot size over interior square footage.
5. Who might this property not suit?
It may not suit those seeking a modern, renovated home with a large garage or those sensitive to traffic noise from Henderson Highway. The detached garage and unfinished basement also mean maintenance and improvement projects are likely part of the long-term plan.
