Property score
61.2
Fair
Overall 61.2 · Larger than most nearby homes
1,430 sqft (top 6%) · 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
Above average
50% larger 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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61.2 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
345 Larsen Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 406 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 | Top 26% | Top 29% | Bottom 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 345 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1914, is situated on a notably spacious lot of nearly 5,000 sqft in the Chalmers neighbourhood. Its primary appeal lies in the generous proportions of both its land and living space. The 1,430 sqft living area is significantly larger than most comparable homes on its street and in the immediate area, offering ample room within a classic layout. It features a detached garage and an unrenovated basement, presenting a solid foundation with clear potential for customization.
The property’s value is rooted in its land asset and spacious interior relative to its local market. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a hands-on renovator—who sees value in a larger-than-average lot and a home with good bones in a stable area. The appeal is less about modern finishes and more about the inherent value of space and the opportunity to tailor the property over time. A thoughtful perspective is that while the home is older than the city average, its above-average size for the locale suggests it was a substantial property in its time, offering a character and scale that can be harder to find in newer builds at this price point.
Frequently Asked Questions
1. What does the "Elite" or "Top 5%" ranking for Living Area mean?
This means the home’s interior square footage is larger than 95% of similar one-and-a-half storey homes on Larsen Avenue. It indicates you are getting significantly more living space than is typical for this specific street and property type.
2. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." It is present and likely usable for utilities and basic storage, but it should be expected as an unfinished space requiring work for any living or recreational use.
3. How does the large lot size impact maintenance or potential?
The nearly 5,000 sqft lot is a standout feature, offering excellent outdoor space for gardening, play, or expansion. Buyers should factor in the associated maintenance (lawn care, snow clearing) and see the size as a long-term asset for enjoyment or future property value.
4. The home is older than the city average. What should I consider?
Built in 1914, the home will likely have the charm and solid construction of its era, but also require careful attention to aging components like plumbing, electrical, and insulation during an inspection. Its assessed value reflects this age relative to the wider Winnipeg market.
5. Who are the most likely buyers for this property?
This home is well-suited for value-driven buyers prioritizing space over turn-key condition. It’s a strong candidate for a renovator, an investor looking for a property with a strong land-to-structure ratio, or a family needing room to grow who is willing to make updates over time.
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