Property score
35.5
Below average
Overall 35.5 · Smaller than most nearby homes
637 sqft (bottom 9%) · Built in 1925 (9 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, 2 place of worships, and 1 government office nearby
Living Area
Below average
33% smaller than neighborhood avg.
Year Built
Near average
9 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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35.5 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
239 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 education (nearest 464 m), 2 parks (nearest 257 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 16% | Bottom 25% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1925 one-storey home at 239 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a specific and compelling opportunity. Its key appeal lies in the value of its land and location rather than the size of the home itself. The house sits on a 3,299 sqft lot, which is notably larger than many in the immediate area and offers space for gardening, expansion, or future development. A significant feature is the recently renovated basement, adding functional living space to the modest 637 sqft main floor. The detached garage provides additional storage or workshop potential.
This property is ideally suited for a first-time buyer, an investor, or a downsizer seeking an affordable entry into the market with a solid foundation to build upon. Its below-average assessed value and sale price reflect its compact living area, making it a practical choice for those comfortable with a smaller footprint or looking for a strategic hold. The appeal is for a buyer who sees potential in the land and the renovated basement, and who values character and location over sheer square footage. It’s a home that asks for a pragmatic vision, offering the chance to live in a established neighbourhood while investing in the asset of the property itself.
Frequently Asked Questions
1. Is the house too small?
At 637 sqft, the living area is compact, ranking below most homes in the city. However, the renovated basement significantly expands the usable space, making it functional for a single person, a couple, or someone looking to downsize without sacrificing all their belongings.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific characteristics: a smaller, older home on a standard-sized lot. It is priced in line with similar homes in the Chalmers area, offering affordability compared to the Winnipeg-wide average, which is skewed by newer, larger homes in different neighbourhoods.
3. What does the land size mean for me?
The 3,299 sqft lot is larger than many on Larsen Avenue and in Chalmers. This provides a generous outdoor space for its setting and could offer future potential for additions, a garden, or landscaping projects that wouldn't be possible on a smaller plot.
4. What should I know about a house built in 1925?
A home of this age has character but requires due diligence. While systems may have been updated, a thorough inspection is essential to understand the condition of the original structure, wiring, and plumbing. The renovated basement is a positive modern update.
5. Who would this property not suit?
It likely wouldn't fit a growing family needing multiple bedrooms or someone seeking a modern, open-concept layout without renovation work. It’s best for those who appreciate the practicality of a smaller home and see value in the lot and location over immediate size and modern finishes.
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