Property score
75.8
Good
Overall 75.8 · Larger and newer than most nearby homes
2,084 sqft (top 1%) · Built in 2016 (82 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: 2 parks nearby
Living Area
Above average
119% larger than neighborhood avg.
Year Built
Above average
82 yrs newer 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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75.8 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
371 Larsen Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 458 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 8% | Top 5% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This two-storey home at 371 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a distinct profile. Its key characteristic is being a modern outlier in an older area. Built in 2016, it is newer than over 95% of homes on its street and in the wider neighbourhood. With over 2,000 sqft of living space, it is exceptionally large for the locale, ranking in the top 1% for size both locally and city-wide. The home sits on a standard city lot and features a renovated basement. Notably, it does not include a garage.
The appeal lies in acquiring a relatively new, spacious, and modern home without the premium typically associated with newer suburban developments. It suits buyers seeking low-maintenance, contemporary living within an established community, and who do not require a private garage. A thoughtful perspective is the financial efficiency it represents: the assessed value is among the highest in the immediate area, suggesting a solid investment in a neighbourhood where such modern inventory is rare, yet the 2016 sale price indicates potential for significant equity growth.
Frequently Asked Questions
1. Is the lack of a garage a significant drawback?
While the home has no garage, its recent build date means it was constructed under modern standards, likely including sufficient electrical capacity and space to add a garage later, subject to permits. On-street parking is typical for the area.
2. Why is the assessed value so high compared to neighbouring homes?
The assessment reflects the home's modern construction, significant size, and renovated basement—attributes that are exceptional for Chalmers. It is assessed among the top 1% of properties in the neighbourhood, aligning with its status as a newer, substantially larger home.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. This should be verified during a viewing to understand if it's a finished living space, a modern utility area, or a combination.
4. How does the lot size compare?
At 3,298 sqft, the lot is around average for Larsen Avenue and the Chalmers neighbourhood. This is a standard city lot, providing typical outdoor space but not an unusually large yard.
5. The home sold in 2016 for $32,900—is that accurate?
Yes, that was the sale price at the time of its initial construction. The substantial increase to its current assessed value of $45,300 highlights the appreciation and equity established in less than a decade.
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