358 Larsen Avenue

Chalmers, Winnipeg

Property score

47.4

Below average

Overall 47.4 · Compared with neighbourhood average

960 sqft (top 42%) · Built in 1913 (21 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: 2 parks nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Below average

21 yrs older 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

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Property score

47.4 is composed by the two sections below.

Property Score

37.2Low
Living Area42
960 sqftLow
Year Built16
1913Low
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

around average
960 sqft
0255075100
Same streetTop 42%Same areaTop 42%CitywideBottom 22%
Same street · Larsen Avenue
#86 / 203
Top 42% · Avg 937 sqft
Same area · Chalmers
#1,193 / 2,815
Top 42% · Avg 953 sqft
Citywide · Winnipeg
#150,758 / 194,458
Bottom 22% · Avg 1,342 sqft

Tax-Assessed Value

around average
170k
0255075100
Same streetBottom 33%Same areaBottom 29%CitywideBottom 5%
Same street · Larsen Avenue
#137 / 203
Bottom 33% · Avg 201.9k
Same area · Chalmers
#1,992 / 2,815
Bottom 29% · Avg 210.8k
Citywide · Winnipeg
#185,155 / 194,458
Bottom 5% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 24%Same areaBottom 33%CitywideBottom 10%

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

358 Larsen Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 411 m).

Search radius
🌳Parks2

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 2/2021CA$150k–200k
Sold price

Same street

Bottom 19%

Same area

Bottom 28%

City-wide

Bottom 5%

Related homes

Highlights & common questions: 358 Larsen Avenue, Winnipeg

Property Overview & Key Characteristics

This one-and-a-half storey home on a 3,298 sqft lot in Chalmers presents a straightforward, value-oriented opportunity. Built in 1913, its core appeal lies in its solid, unrenovated condition and its position as a land-value proposition in a mature neighbourhood. The home offers 960 sqft of living space, a detached garage, and a basement that has not been renovated. Its most recent sale was in February 2021 for $160,000, with a current assessed value of $170,000.

The property’s metrics reveal a nuanced picture: while its lot size, living area, and assessed value are generally around or below the city-wide averages, they are much more in line with—or even above—the averages for Larsen Avenue and the broader Chalmers neighbourhood. This suggests a home that is typical for its immediate area rather than an outlier. Its appeal is primarily for buyers seeking an affordable entry into the Winnipeg market, investors looking for a rental property with future redevelopment potential, or hands-on owners who want a blank canvas for renovations. It suits those who prioritize location and lot value over modern finishes and who are comfortable with a home that requires updates.


Frequently Asked Questions

1. What does "one-and-a-half storey" mean for this home?
This style typically features a main floor with principal rooms and a second floor under sloped roofs, often with smaller or cozier bedrooms. For a 1913 build, it means character but likely lower ceiling heights on the upper level.

2. The assessed value is $170k but it sold for $160k in 2021. What does that indicate?
The assessed value is for municipal tax purposes and can differ from market value. The 2021 sale price provides a concrete recent benchmark, but current market conditions will determine its present value. The close figures suggest stability rather than dramatic fluctuation.

3. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but unfinished space typical of a century-old home. It likely has foundational utility—housing the furnace, laundry, and storage—but will not be a modern living area. Checking for moisture issues and foundational integrity would be a priority.

4. How does this home compare to others on the street and in Chalmers?
The data shows this property is very typical for its specific location. Its lot size, living area, and year built are all around the average for Larsen Avenue and the Chalmers neighbourhood, meaning it’s a representative, not an exceptional, property for the area.

5. Who would this property NOT be well-suited for?
It would not suit buyers seeking a move-in-ready home with modern amenities, those who need significant living space, or anyone averse to taking on renovation projects. The "as-is" condition and vintage require a vision for updates and tolerance for ongoing maintenance.