264 Larsen Avenue

Chalmers, Winnipeg

Property score

61.3

Fair

Overall 61.3 · Larger and newer than most nearby homes

1,122 sqft (top 23%) · Built in 2021 (87 yrs newer 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

Above average

18% larger than neighborhood avg.

Year Built

Above average

87 yrs newer 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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

61.3 is composed by the two sections below.

Property Score

64.8Fair
Living Area60
1,122 sqftFair
Year Built100
2021Excellent
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

above average
1,122 sqft
0255075100
Same streetTop 18%Same areaTop 23%CitywideBottom 42%
Same street · Larsen Avenue
#36 / 203
Top 18% · Avg 937 sqft
Same area · Chalmers
#646 / 2,815
Top 23% · Avg 953 sqft
Citywide · Winnipeg
#112,296 / 194,458
Bottom 42% · Avg 1,342 sqft

Tax-Assessed Value

Elite
393k
0255075100
Same streetTop 2%Same areaTop 2%CitywideTop 40%
Same street · Larsen Avenue
#5 / 203
Top 2% · Avg 201.9k
Same area · Chalmers
#48 / 2,815
Top 2% · Avg 210.8k
Citywide · Winnipeg
#78,073 / 194,458
Top 40% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 2%Same areaTop 1%CitywideTop 2%

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

264 Larsen Avenue — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 482 m), 1 education (nearest 499 m), 2 parks (nearest 216 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 9/2021CA$350k–400k
Sold price

Same street

Top 5%

Same area

Top 2%

City-wide

Top 41%

Related homes

Highlights & common questions: 264 Larsen Avenue, Winnipeg

Property Overview: 264 Larsen Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This bi-level home at 264 Larsen Avenue in Chalmers is defined by its modern foundation and efficient use of space. Built in 2021, it is a notably new construction for the area, ranking in the top 2% of homes on its street and in the neighbourhood for year built. This translates to modern building standards, energy efficiency, and minimal immediate maintenance concerns. The home features 1,122 sqft of living space, which is above average for both the immediate street and the broader Chalmers area, and includes a renovated basement. The lot size of 3,300 sqft is generous for the street (top 10%) and neighbourhood, offering good outdoor space for a home of this vintage.

Its primary appeal lies in being a low-maintenance, modern property in an established community. It suits first-time buyers seeking a move-in-ready home without the worries of older systems, or downsizers looking for a manageable property without sacrificing a decent yard. The above-average assessed value for the area suggests a premium for its newness, making it a solid, modern option for those prioritizing a contemporary build over an older, potentially larger character home. A thoughtful perspective is that this property offers a rare compromise: you get the benefits of a new build while still being integrated into a long-established neighbourhood with mature infrastructure and landscaping.

Section 2: Frequently Asked Questions

1. What does the assessed value indicate?
At $39,300, the assessed value is elite for both Larsen Avenue and Chalmers (top 2%), reflecting the premium for a new build. City-wide, it sits around average, indicating you are paying primarily for the modern home itself rather than an exceptionally large lot or location by broader Winnipeg standards.

2. How does the lot size compare?
The 3,300 sqft lot is in the top 10% on Larsen Avenue and top 39% in Chalmers, meaning it has a larger-than-typical yard for the immediate area. City-wide, however, lots are generally larger, so this is a compact but efficient urban parcel.

3. What is the significance of the 2021 build year?
Built just 5 years ago, this is a significantly newer home than almost all of its neighbours, where average build years are around 1930-1934. This suggests newer wiring, plumbing, insulation, and windows, leading to lower expected repair costs and better energy efficiency.

4. Is there a garage or pool?
No, the property has neither a garage nor a pool. The listing confirms "Garage: None" and "Pool: No."

5. What was the previous sale price?
The home last sold in September 2021 for $37,100. This provides a historical benchmark, though current market value would be influenced by conditions and improvements since that time.