85 Watt Street

Chalmers, Winnipeg

Property score

50.1

Fair

Overall 50.1 · Larger but older than most nearby homes

1,130 sqft (top 22%) · Built in 1907 (27 yrs older than avg)

Located in a average-income area with median household income of ~62k

Transit 100.0 · 1-min walk to transit with 7 nearby routes · Within 500m: 1 school, 5 parks, 3 place of worships, and 1 government office nearby

Living Area

Above average

19% 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)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

50.1 is composed by the two sections below.

Property Score

48.0Low
Living Area60
1,130 sqftFair
Year Built10
1907Low
Lot Size46
3,942 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

53.2Fair
Household Income64
Fair
Education Level34
Low
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health42
Low

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110688

Community deep dive

$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

Population, labour & age

Population (2021)601
Labour force participation rate57%
Median age30.6
Avg household size2.7
Unemployment rate14%
Population density2003 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households31%
Couple families with children26%
Median household income (2020)$62K

Housing

Renter households46%
Condominium dwellings4%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority33%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 3%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,130 sqft
0255075100
Same streetBottom 37%Same areaTop 22%CitywideBottom 43%
Same street · Watt Street
#5 / 8
Bottom 37% · Avg 1,124 sqft
Same area · Chalmers
#625 / 2,815
Top 22% · Avg 953 sqft
Citywide · Winnipeg
#110,983 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

around average
156k
0255075100
Same streetBottom 37%Same areaBottom 20%CitywideBottom 4%
Same street · Watt Street
#5 / 8
Bottom 37% · Avg 220.3k
Same area · Chalmers
#2,243 / 2,815
Bottom 20% · Avg 210.8k
Citywide · Winnipeg
#187,579 / 194,458
Bottom 4% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 1%Same areaBottom 11%CitywideBottom 4%

Lot Size

above average
3,942 sqft
0255075100
Same streetTop 38%Same areaTop 26%CitywideBottom 25%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

85 Watt Street — 10 amenities found within 500 m, across 4 categories, including 1 education (nearest 201 m), 5 parks (nearest 184 m).

Search radius
🏫Education1
🌳Parks5
Worship3
🏛️Government1

Crime & Safety

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%

Sales History

Sold 7/2020CA$150k–200k
Sold price

Same street

Bottom 33%

Same area

Bottom 28%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 85 Watt Street, Winnipeg

Property Overview

85 Watt Street is a one-and-a-half storey home built in 1907, offering a blend of historic character and practical space. With 1,130 sqft of living area and a 3,942 sqft lot, it sits comfortably above average for its Chalmers neighbourhood in terms of interior and land size. The home features a detached garage and an unrenovated basement, presenting a classic Winnipeg layout. Its assessed value is notably below both city and neighbourhood averages, indicating a potentially accessible entry point into the market. The appeal here lies in its generous lot size for the area, the charm of a century-old home, and a price point that allows room for personal updates. It would suit a hands-on buyer looking for a character home with space to grow, an investor seeking a property with solid fundamentals in a stable neighbourhood, or a first-time purchaser prioritizing lot size and interior space over modern finishes.

Frequently Asked Questions

1. What does the below-average assessed value mean for me?
It typically suggests a lower municipal tax burden and can indicate a purchase price that is more accessible compared to newer or fully renovated homes. It also means the property is likely priced with the understanding that it requires updates.

2. How significant is the unrenovated basement?
This is a key consideration. It offers functional space for storage and utilities but represents both a project and an opportunity. A buyer should budget for potential moisture management, insulation, or finishing to fully utilize the square footage.

3. The home is older than most in the city. What should I check?
While the structure has stood for over a century, a thorough inspection is essential. Focus on the foundation, roof, wiring, and plumbing to understand the condition and prioritize any necessary repairs or updates for safety and efficiency.

4. The lot size is above average for Chalmers. Why is that an advantage?
A larger lot in an established neighbourhood provides more outdoor space for gardens, recreation, or additions. It also often contributes to a less crowded feel and can be a valuable long-term asset as lot sizes in newer developments shrink.

5. Who are the most likely neighbours or buyers for similar properties?
The area attracts a mix of long-term residents, practical first-time homebuyers seeking value, and investors. The demographic tends to be those who appreciate the established community feel of Chalmers and the practicality of a detached home with a garage.