Property score
41.2
Below average
Overall 41.2 · Compared with neighbourhood average
897 sqft (bottom 49%) · Built in 1914 (20 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 2 place of worships nearby
Living Area
Near average
6% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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41.2 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: #46110896
$60K
Median household income
$65K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
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
223 Larsen Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 493 m), 1 education (nearest 428 m), 2 parks (nearest 268 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 36% | Bottom 38% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home on Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a straightforward opportunity centered on its land and location. Built in 1914, the 897 sqft house sits on a 3,299 sqft lot and features a detached garage and an unrenovated basement. Its key appeal lies in its relative affordability and its position on a street where the property's lot size is notably above average compared to immediate neighbours. The home suits a practical buyer—perhaps a first-time purchaser, an investor, or a hands-on renovator—who sees value in the underlying asset and location over a move-in-ready condition. It's a property for those comfortable with a project, where the equity may be built through future updates rather than purchased upfront.
Frequently Asked Questions
What does "above average for land area on Larsen Avenue" mean?
Compared to other homes on the same street, this property's lot size (3,299 sqft) ranks in the top 18%, meaning it is larger than most of its immediate neighbours. This is its strongest comparative metric.
Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it being in original or utility condition, requiring work to become finished living space.
How recent are the sale history details?
The last recorded sale was in June 2019 for $17,700. The current assessed value is $19,100.
How does this home compare to Winnipeg averages?
While competitive on its own street and in Chalmers for lot size and value, the home is below the Winnipeg city-wide averages for living area, lot size, and year built. This highlights its position as a more compact, character home in an established area.
What is the significance of the assessed value being much lower than the city-wide average?
The city-wide average assessed value noted ($390k) includes all property types and sizes across Winnipeg. This home's significantly lower assessment reflects its smaller size, age, and likely its unrenovated state, indicating a lower tax assessment and an entry-level price point.
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