Property score
50.0
Fair
Overall 50.0 · Compared with neighbourhood average
1,000 sqft (top 38%) · Built in 1946 (12 yrs newer than avg)
Located in a average-income area with median household income of ~60.4k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 2 place of worships nearby
Living Area
Near average
5% larger than neighborhood avg.
Year Built
Near average
12 yrs newer 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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50.0 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
257 Larsen Avenue — 4 amenities found within 500 m, across 2 categories, including 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 46% | Bottom 43% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 257 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1946, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key features include a renovated basement and a detached garage. The property’s primary appeal lies in its efficient scale and established location. With 1,000 sqft of living space on a 3,299 sqft lot, it offers a manageable footprint without feeling cramped—a balanced option for those who want a traditional home but don't require extensive square footage.
The data reveals a nuanced position: while the home's living area is around the neighbourhood average, its lot size is notably above average for Larsen Avenue itself, suggesting a bit more outdoor space than some immediate neighbours. The assessed value is above average for both the street and the broader Chalmers area, which often indicates a well-maintained property or desirable location within the micro-market.
This home would suit first-time buyers, downsizers, or pragmatic investors looking for a solid, no-fuss property in an established area. Its renovated basement adds functional space, and the detached garage provides flexibility. The appeal is grounded in value and practicality rather than luxury, ideal for someone seeking a straightforward entry into homeownership with room for personal touches over time.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor where the roofline slopes inward, creating cozy bedrooms with potentially sloped ceilings. It offers more character and space than a bungalow but often with a simpler roof line than a full two-storey.
2. The assessed value seems high for the area. Does that mean the taxes are high?
Not necessarily. While the assessed value is above average for Chalmers, property taxes are calculated using a city-wide mill rate. A higher assessment relative to nearby homes suggests the municipality views the property as being in better condition or having more desirable attributes, but you should calculate the actual tax using the current mill rate for a precise figure.
3. How does the lot size compare practically?
At 3,299 sqft, the lot is larger than many on Larsen Avenue (top 18% on the street). This could mean a more generous backyard or side yard compared to neighbours, offering valuable outdoor space for gardening, recreation, or storage.
4. The home last sold in 2016. What should I consider?
A sale eight years ago suggests the current sellers have had a stable ownership period. It’s wise to inquire about the age and scope of key updates (roof, furnace, windows) made during their tenure, as well as the specifics of the basement renovation (permits, moisture control).
5. The living area is below the Winnipeg city average. Will it feel small?
At 1,000 sqft, it is compact by city-wide standards but typical for the neighbourhood. The efficient use of space across two floors and the addition of a renovated basement can make it feel ample for a small household. It prioritizes function over sheer size, which can mean lower utility costs and less maintenance.
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