Property score
40.2
Below average
Overall 40.2 · Compared with neighbourhood average
794 sqft (bottom 35%) · Built in 1914 (20 yrs older than avg)
Located in a above-average income area with median household income of ~65.5k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
Living Area
Below average
17% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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40.2 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: #46110895
$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
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
315 Larsen Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 339 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 48% | Bottom 46% | Bottom 9% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-a-half storey home at 315 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a straightforward opportunity. Built in 1914, its key characteristics include a renovated basement, a detached garage, and a modest 794 sqft of living space on a standard 3,298 sqft lot. The home last sold in July 2022.
Its appeal lies in its relative affordability and its position as a functional, no-frills property in an established area. The renovated basement adds usable space, a valuable upgrade in a home of this era. The lot size is typical for the street, offering a manageable yard without extensive upkeep.
This property would suit a first-time buyer seeking an entry point into the market, an investor looking for a rental property with a stable assessment history, or a downsizer wanting a compact, low-maintenance home. It’s a practical choice for those comfortable with the character and potential maintenance considerations of a 110-year-old structure, who prioritize location and value over modern square footage.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows this home is very typical for Larsen Avenue. Its lot size, year built, and assessed value all rank close to the average for the street, meaning it fits right into the existing fabric of the neighbourhood without standing out as unusually large, small, new, or old.
2. What does the "renovated basement" likely entail?
While specifics aren't listed, in a 1914 home, a renovated basement often means it has been modernized for use as living or utility space—possibly with updated flooring, walls, and lighting. It's wise to inquire about the scope of the renovation, any moisture-proofing measures taken, and whether it includes a proper egress window for safety.
3. Is the assessed value a good indicator of the sale price?
The assessed value for municipal taxes ($19,600) is notably low and should not be confused with market value. The home last sold for $19,100 in 2022. Market value is determined by current conditions, buyer demand, and the home's specific state, so recent sales of similar homes in Chalmers are a more reliable guide.
4. What are the less obvious considerations for a home built in 1914?
Beyond the charm, consider the state of major aging components not always highlighted in listings: the roof, original windows, plumbing, and electrical systems. The detached garage is also likely original; assess its condition and potential utility. The modest living area (794 sqft) requires efficient use of space.
5. How does the property rank city-wide, and why does that matter?
City-wide rankings show this home is below average in size, value, and age compared to the entire Winnipeg market. This isn't necessarily negative; it clearly indicates this is a smaller, older, and more affordable home. It highlights that its appeal is hyper-local, offering value within its specific neighbourhood context rather than competing with newer suburban developments.
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