307 Larsen Avenue

Chalmers, Winnipeg

Property score

64.9

Fair

Overall 64.9 · Larger and newer than most nearby homes

1,200 sqft (top 16%) · Built in 2008 (74 yrs newer than avg)

Located in a above-average income area with median household income of ~65.5k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

26% larger than neighborhood avg.

Year Built

Above average

74 yrs newer than neighborhood avg.

Mother tongue

English · 78%Tagalog · 8%

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

64.9 is composed by the two sections below.

Property Score

66.4Good
Living Area66
1,200 sqftGood
Year Built90
2008Excellent
Lot Size38
3,298 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

62.6Fair
Household Income68
Good
Education Level34
Low
Housing Stress74
Good
Core Housing Need76
Good
Employment Health68
Good

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: #46110895

Community deep dive

$66K

Median household income

$78K

Average household income

14%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)712
Labour force participation rate69%
Median age38.0
Avg household size2.4
Unemployment rate13%
Population density5476 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households29%
Couple families with children21%
Median household income (2020)$66K

Housing

Renter households22%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority30%
Bachelor's or higher (25–64)17%
Mother tongue (1st)English · 77%
Mother tongue (2nd)Tagalog · 7%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,200 sqft
0255075100
Same streetTop 12%Same areaTop 16%CitywideTop 50%
Same street · Larsen Avenue
#24 / 203
Top 12% · Avg 937 sqft
Same area · Chalmers
#440 / 2,815
Top 16% · Avg 953 sqft
Citywide · Winnipeg
#97,378 / 194,458
Top 50% · Avg 1,342 sqft

Tax-Assessed Value

Elite
318k
0255075100
Same streetTop 4%Same areaTop 5%CitywideBottom 35%
Same street · Larsen Avenue
#8 / 203
Top 4% · Avg 201.9k
Same area · Chalmers
#141 / 2,815
Top 5% · Avg 210.8k
Citywide · Winnipeg
#126,739 / 194,458
Bottom 35% · Avg 390.1k

Year Built

above average
2008
0255075100
Same streetTop 7%Same areaTop 6%CitywideTop 13%

Lot Size

around average
3,298 sqft
0255075100
Same streetTop 36%Same areaTop 41%CitywideBottom 16%

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

307 Larsen Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 326 m).

Search radius
🌳Parks1

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 12/2020CA$250k–300k
Sold price

Same street

Top 12%

Same area

Top 12%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 307 Larsen Avenue, Winnipeg

Property Overview & Key Characteristics

This two-storey home at 307 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a compelling mix of modern convenience and established community living. Built in 2008, it is a notably newer construction compared to most homes on its street and in the wider area, offering contemporary building standards and likely lower immediate maintenance needs. Key features include an attached garage and a renovated basement, adding valuable finished living space to the 1,200 sqft main footprint.

The home’s appeal lies in its balanced positioning. It sits on a standard city lot (3,298 sqft) that is typical for the local area, providing manageable outdoor space. The data suggests a strong value proposition for the neighbourhood, with an assessed value significantly higher than area averages, indicating above-average improvements and condition for Chalmers. This property would suit first-time buyers or small families looking for a move-in-ready, modern home without the premium of a brand-new subdivision. It also appeals to practical buyers who want the space and utility of a two-storey with a garage but prefer a neighbourhood with mature character over a sprawling, distant lot.

Frequently Asked Questions

Q: How does the lot size compare?
A: The land area is very typical for both Larsen Avenue and the Chalmers neighbourhood, aligning with the local standard. It is, however, below the city-wide average, which is skewed by larger suburban lots.

Q: What does the high assessed value relative to the area mean?
A: While the sale price is the market determinant, an assessed value in the top 5% for the neighbourhood often reflects the home's newer construction (2008) and renovated condition compared to the many older homes nearby. It suggests the property is considered a premium offering within this specific community.

Q: Is the living space considered large?
A: At 1,200 sqft, the living area is above average for both the immediate street and Chalmers, providing more interior space than many neighbouring homes. City-wide, it sits right at the median, offering a comfortably sized but not exceptionally large footprint.

Q: What is the context of the 2020 sale price?
A: The $280,000 sale price from December 2020 was above average for both the street and neighbourhood at that time. It reflects the property's desirable attributes. Current market value would require a new comparative market analysis.

Q: Are the nearby comparison properties similar?
A: The listed nearby properties on Larsen Avenue are useful for location context, but the "similar assessed value" examples are primarily for tax assessment comparison and are located in different neighbourhoods (like Varsity View), not indicating similar home types or market values in Chalmers.