260 Larsen Avenue

Chalmers, Winnipeg

Property score

37.6

Below average

Overall 37.6 · Smaller than most nearby homes

710 sqft (bottom 21%) · Built in 1913 (21 yrs older than avg)

Located in a average-income area with median household income of ~60.4k

Transit 74.0 · 3-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

Below average

26% smaller than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 76%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

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Property score

37.6 is composed by the two sections below.

Property Score

25.2Low
Living Area22
710 sqftLow
Year Built16
1913Low
Lot Size38
3,300 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

56.1Fair
Household Income64
Fair
Education Level22
Low
Housing Stress74
Good
Core Housing Need63
Fair
Employment Health60
Fair

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: #46110896

Community deep dive

$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

Population, labour & age

Population (2021)583
Labour force participation rate65%
Median age36.4
Avg household size2.2
Unemployment rate13%
Population density5830 / km²

Households & income

Low income (LIM-AT, % pop.)18%
Single-person households35%
Couple families with children20%
Median household income (2020)$60K

Housing

Renter households54%
Condominium dwellings0%
Median dwelling value (owners)$190K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority26%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 76%
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

below average
710 sqft
0255075100
Same streetBottom 22%Same areaBottom 21%CitywideBottom 4%
Same street · Larsen Avenue
#159 / 203
Bottom 22% · Avg 937 sqft
Same area · Chalmers
#2,216 / 2,815
Bottom 21% · Avg 953 sqft
Citywide · Winnipeg
#186,278 / 194,458
Bottom 4% · Avg 1,342 sqft

Tax-Assessed Value

around average
200k
0255075100
Same streetTop 40%Same areaBottom 49%CitywideBottom 8%
Same street · Larsen Avenue
#82 / 203
Top 40% · Avg 201.9k
Same area · Chalmers
#1,448 / 2,815
Bottom 49% · Avg 210.8k
Citywide · Winnipeg
#178,487 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 24%Same areaBottom 33%CitywideBottom 10%

Lot Size

above average
3,300 sqft
0255075100
Same streetTop 10%Same areaTop 39%CitywideBottom 17%

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

260 Larsen Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 478 m), 1 education (nearest 491 m), 2 parks (nearest 214 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks2
Worship2
🏛️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 9/2016CA$150k–200k
Sold price

Same street

Bottom 40%

Same area

Bottom 40%

City-wide

Bottom 8%
Sold 4/2016CA$100k–150k
Sold price

Same street

Bottom 1%

Same area

Bottom 5%

City-wide

Bottom 1%

Related homes

Highlights & common questions: 260 Larsen Avenue, Winnipeg

Property Overview

This one-storey home at 260 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a specific value proposition centred on land and location. Built in 1913, its 710 sqft of living space is compact, and the basement is noted as unrenovated. The home sits on a 3,300 sqft lot and includes a detached garage.

Its primary appeal lies in its above-average lot size for the immediate street and a relatively modest assessed value, suggesting an entry point into the market. The property suits practical buyers looking for a footprint to call their own, with the vision and budget to gradually update an older home. It's particularly fitting for first-time homeowners, investors seeking a rental property, or downsizers who value a smaller interior to maintain but appreciate outdoor space. A thoughtful perspective is that this home represents a "blank canvas" on a well-sized plot in an established area, where the value is more in the potential of the land and location than in the current structure.


Frequently Asked Questions

1. How does the lot size compare to others?
The 3,300 sqft lot is in the top 10% for size on Larsen Avenue itself, meaning it's larger than most direct neighbours. It's about average for the broader Chalmers neighbourhood.

2. Is the home in move-in condition?
The listing notes the basement is "not renovated," and given the home's age (1913) and below-average living area size, buyers should anticipate a property that likely requires updates and maintenance.

3. What is the typical price for this area?
The home's last sale was in 2016 for $180,000. Its current assessed value is $200,000, which is around average for its street and neighbourhood but below the Winnipeg city-wide average.

4. What type of heating or utilities should I expect?
Details aren't provided, but for a home built in 1913, prospective buyers should investigate the age and condition of major systems like heating, plumbing, and electrical during an inspection.

5. Is there potential for expansion or redevelopment?
The combination of a larger-than-standard lot for the street and a small, older structure could present future opportunities, subject to local zoning bylaws and building codes. This is a key point for buyers to research with the city.