370 Larsen Avenue

Chalmers, Winnipeg

Property score

46.2

Below average

Overall 46.2 · Newer than most nearby homes

844 sqft (bottom 42%) · Built in 1953 (19 yrs newer 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 dining spot, and 2 parks nearby

Living Area

Near average

11% smaller than neighborhood avg.

Year Built

Above average

19 yrs newer 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

46.2 is composed by the two sections below.

Property Score

35.2Low
Living Area844 sqft32Low
Year Built195336Low
Lot Size3,298 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

62.6Fair
Household Income68Good
Education Level34Low
Housing Stress74Good
Core Housing Need76Good
Employment Health68Good

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
844 sqft
0255075100
Same streetBottom 41%Same areaBottom 42%CitywideBottom 12%
Same street · Larsen Avenue
#119 / 203
Bottom 41% · Avg 937 sqft
Same area · Chalmers
#1,622 / 2,815
Bottom 42% · Avg 953 sqft
Citywide · Winnipeg
#170,542 / 194,458
Bottom 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
229k
0255075100
Same streetTop 24%Same areaTop 34%CitywideBottom 13%
Same street · Larsen Avenue
#49 / 203
Top 24% · Avg 201.9k
Same area · Chalmers
#951 / 2,815
Top 34% · Avg 210.8k
Citywide · Winnipeg
#169,413 / 194,458
Bottom 13% · Avg 390.1k

Year Built

above average
1953
0255075100
Same streetTop 15%Same areaTop 22%CitywideBottom 31%

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

370 Larsen Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 481 m), 2 parks (nearest 437 m).

Search radius
🍽️Dining1
🌳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 11/2024CA$250k–300k
Sold price

Same street

Top 15%

Same area

Top 17%

City-wide

Bottom 26%

Related homes

Highlights & common questions: 370 Larsen Avenue, Winnipeg

Property Overview

This one-storey home at 370 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a straightforward opportunity centered on its lot and location. Built in 1953, it sits on a 3,298 sqft lot, which is a practical, average-sized parcel for the immediate area. The 844 sqft living space is compact, and the home features a detached garage and an unrenovated basement. It recently sold for $260,000, a price point that was above average for its street but below the city-wide average, highlighting its positioning as an affordable entry in a specific local context.

Key Characteristics & Appeal

The primary appeal of this property lies in its land and established neighbourhood setting. The lot size is squarely typical for Chalmers, offering adequate outdoor space without the maintenance burden of a much larger yard. Its 1953 build date makes it newer than many homes on the street and in the area, potentially suggesting fewer concerns related to very old infrastructure.

This home would suit a practical, value-conscious buyer. It's ideal for a first-time homeowner comfortable with a smaller footprint and willing to tackle basement updates over time. It could also appeal to an investor looking for a land-value play with a rentable structure. The above-average sale price for the street indicates it was likely seen as a solid asset within its very local market, rather than a city-wide standout. Its appeal is less about luxury or move-in-ready finishes and more about securing a grounded, no-frills property in an established community.

Frequently Asked Questions

Q: How does the lot size compare to others?
A: The lot is 3,298 sqft, which is very close to the average for both Larsen Avenue and the broader Chalmers neighbourhood. It provides a standard-sized urban yard.

Q: Is the house newer or older than surrounding homes?
A: Built in 1953, it is notably newer than the average home on its street (avg. ~1930) and in Chalmers (avg. ~1934). This is one of its relative advantages.

Q: Why is the assessed value so much lower than the sale price?
A: The assessed value for tax purposes ($22,900) is not a market valuation. The $260,000 sale price reflects the current market value, which was above average for this specific street.

Q: What is the living space like?
A: At 844 sqft, the living area is modest and slightly below the local average. It's a compact one-storey layout, so buyers should be prepared for efficient use of space.

Q: How does the sale price fit into the Winnipeg market?
A: While the $260,000 price was above average for its immediate area, it sits below the city-wide average sale price, positioning it as an affordable entry point within the broader Winnipeg market.

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