Property score
47.4
Below average
Overall 47.4 · Compared with neighbourhood average
953 sqft (top 43%) · 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 · 6-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
0% 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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Property score
47.4 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
around averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
329 Larsen Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 367 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 12% | Bottom 23% | Bottom 4% |
329 Larsen Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 329 Larsen Avenue, Winnipeg
Property Overview
This one-and-a-half storey home, built in 1914, presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its land value and location-specific context. With a 3,298 sqft lot, the property offers a generous parcel of land for the immediate area, ranking above average on its street and in the neighbourhood. The living space is a modest 953 sqft, and the home includes a basement that has not been renovated. There is no garage or pool.
The property suits a specific type of buyer: those looking for a land play, a renovation project, or an entry point into homeownership with a focus on future potential rather than immediate move-in condition. Its very low assessed and recent sale values indicate it is likely a fixer-upper. A thoughtful perspective is that while its metrics appear "below average" citywide, they are generally "around average" for its own street and neighbourhood, suggesting it is a typical property for this specific, more affordable part of Winnipeg. Its value is intrinsically tied to the land and the buyer's vision for improvement.
Frequently Asked Questions
1. Is this a teardown or a renovation project?
Given the age (1914), modest size, and the note of an unrenovated basement, the property is likely positioned as a major renovation project. The value is heavily weighted toward the land, but the existing structure could be updated depending on its condition and the buyer's goals.
2. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's current state and market value within its specific location. Chalmers and this particular street have notably lower average property values compared to the entire city of Winnipeg, which includes many newer and more affluent areas.
3. What does the land size mean for me?
At 3,298 sqft, the lot is larger than many in the immediate vicinity. This provides more outdoor space than neighbouring properties and could allow for future additions, a garden, or landscaping projects that wouldn't be possible on a smaller lot.
4. The home sold recently. What does that indicate?
The sale in December 2023 for $15,300 suggests a very rapid turnover or an investment purchase. It underscores the property's status as a project and may indicate active interest in the block from investors or renovators.
5. Are the "below average" citywide rankings a concern?
Not necessarily for the right buyer. These rankings show the home is not comparable to the broader Winnipeg market, which is dominated by newer, larger suburban homes. Its "around average" standing within Chalmers itself means it is typical for this affordable, established neighbourhood.
Map & Street View
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