Property score
43.8
Below average
Overall 43.8 · Compared with neighbourhood average
821 sqft (bottom 39%) · 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
14% 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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43.8 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
325 Larsen Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 359 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 49% | Bottom 47% | Bottom 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 12% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 325 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This is a classic one-and-a-half storey home built in 1914, situated on a standard 3,298 sqft lot in the Chalmers neighbourhood. With 821 sqft of living space, it presents a compact and manageable footprint. The home includes a basement, which is noted as not renovated, and features no garage or pool.
Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, underscored by a low assessed value. The lot size is typical for the immediate street and area, offering a balanced outdoor space without excessive maintenance. This property is not a standout in terms of size or modern amenities, but rather represents a straightforward, no-frills opportunity.
This home would best suit a first-time buyer, an investor looking for a rental property, or a hands-on individual seeking a modest project. It’s for someone prioritizing location and lot over turn-key condition, who is comfortable with a home that has original character and likely requires updates. A less obvious perspective is that its very average metrics within the local context provide stability and predictability, avoiding the premium prices of more exceptional lots or the potential pitfalls of the lowest-tier properties. It’s a practical canvas.
Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It typically means the basement remains in its original or largely unfinished state. Buyers should budget for potential updates to make it a comfortable living or storage space and should investigate for moisture issues common in homes of this era.
2. How does the low assessed value impact property taxes?
A lower assessed value generally results in lower municipal property taxes compared to similar-sized homes with higher assessments. This can be a significant ongoing cost savings for the owner.
3. Is the lack of a garage a major drawback in this area?
Many older homes in Chalmers do not have garages. While off-street parking would be a bonus, the neighbourhood is generally adapted to street parking. Buyers should check specific parking regulations on Larsen Avenue.
4. The home sold for $19.2k in 2022. Why is that price so low?
This is well below typical city-wide sale prices because it reflects the home's condition, size, and the local market dynamics of affordable, older housing stock. It indicates a property likely purchased for its land value or as a hold-and-rent investment.
5. Given its age, what major systems might need attention?
A home from 1914 will have older infrastructure. A thorough inspection is crucial to evaluate the roof, foundation, plumbing, electrical wiring (which may not be modern), and the heating system. Planning for updates to these systems should be part of any offer strategy.
