Property score
43.6
Below average
Overall 43.6 · Smaller and older than most nearby homes
680 sqft (bottom 6%) · Built in 1943 (10 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, and 3 parks nearby
Living Area
Below average
36% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 9%
Past 10 years East Elmwood sales snapshot (~80% of all data)
460
277.7k
$225/sqft
1953
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43.6 is composed by the two sections below.
Property Score
Community Score
East Elmwood
How to read: Share of sales in each ~$50k price band for “east elmwood” (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: #46110799
$76K
Median household income
$77K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.2
P90 / P10 ratio
28%
Single-person households
21%
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
872 Chalmers Avenue E — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 430 m), 1 education (nearest 88 m), 3 parks (nearest 210 m).
East Elmwood · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
63%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Bottom 23% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 3% | Bottom 2% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 872 Chalmers Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in East Elmwood presents a straightforward opportunity centered on land value and simplicity. Its key characteristic is a significant lot size of 4,853 sqft, which is well above average for both the immediate street and the East Elmwood neighbourhood. This is contrasted by a modest, 680 sqft living space that is smaller than most comparable homes. The house itself, built in 1943, features a basement (not renovated) and a detached garage.
The primary appeal lies in its potential. The large lot is a blank canvas for gardening, expansion, or future redevelopment, offering a tangible asset that smaller, newer lots cannot. It suits a specific type of buyer: a first-time purchaser or an investor looking for an entry point into the market with a focus on the land rather than the existing structure. It’s a practical choice for those comfortable with a smaller footprint now, who see value in what the property could become over time. The historically low assessed value suggests manageable property taxes, adding to its affordability.
Section 2: Frequently Asked Questions
1. Is the house in move-in condition?
The listing notes the basement is "not renovated," which suggests the home is likely dated and may require updates. Buyers should budget for maintenance and modernizations.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's modest size, age, and condition relative to the broader Winnipeg market. It is more in line with values within its specific local area.
3. What are the real advantages of such a large lot?
Beyond extra yard space, a larger lot in a mature neighbourhood provides long-term flexibility. It could allow for a significant addition, the creation of a separate garden suite (subject to zoning), or simply preserve a sense of privacy and space that is becoming rarer.
4. How does the sale history inform the current value?
The property sold in 2023 for $20.5k and previously in 2016 for $13.5k. This indicates a market for the property at its price point, but a professional appraisal and current market analysis are essential to determine its present value.
5. Who would this property not suit?
It would not suit buyers seeking a turn-key home, modern finishes, or significant interior space from the outset. It is also less ideal for those unwilling to consider future renovation projects or land development.
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