Property score
51.0
Fair
Overall 51.0 · Compared with neighbourhood average
1,018 sqft (top 36%) · 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: 1 dining spot, and 2 parks nearby
Living Area
Near average
7% 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)
1,193
206.3k
$226/sqft
1934
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51.0 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
374 Larsen Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 467 m), 2 parks (nearest 424 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 45% | Top 47% | Bottom 11% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 41% | Bottom 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 374 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1913, presents a classic character home opportunity in the Chalmers neighbourhood. Its key appeal lies in its solid, average-sized footprint—offering a 1,018 sqft living area and a 3,298 sqft lot—which is very typical for its immediate area. This creates a predictable and stable investment profile within a well-established community. The home features a detached garage and an unrenovated basement, indicating a property that is functional but holds potential for future updates.
Its strongest suit is value and location within its micro-market. While its assessed value and metrics are below Winnipeg-wide averages, they are consistently "around average" when compared directly to its neighbours on Larsen Avenue and in Chalmers. This suggests you are purchasing a home in line with local norms, not an outlier. It would particularly suit a value-conscious buyer looking for a character home in a mature neighbourhood, who is comfortable with a property that may require modernization over time. A thoughtful perspective is that its 1913 build date, while older, means it has stood for over a century, potentially indicating durable construction. The recent 2022 sale price of $200k, significantly higher than its 2019 sale, also points to active market interest and a measurable increase in perceived value.
Frequently Asked Questions
1. What does "around average for the street/area" actually mean for me?
It means the home’s lot size, living space, and assessed value are very typical for Chalmers and Larsen Avenue. You’re not overpaying for an oversized lot nor getting a deal on a unusually small one—it’s a standard offering for this specific location, which can provide stability.
2. The basement is noted as "not renovated." What should I expect?
You should anticipate a functional but unfinished space. It likely provides essential utilities and storage but would require investment to convert into modern living space, offering both a project opportunity and a clear understanding of immediate condition.
3. How significant is the difference between the assessed value and the 2022 sale price?
The assessed value for municipal taxes is $20,400, while it sold for $200,000 in 2022. This large gap is normal; assessed value is not market value. The recent sale price is the critical figure for understanding current market worth.
4. The home is older (1913). Are there any less obvious concerns or advantages?
Beyond expected maintenance, an advantage is the proven longevity of the structure. A consideration is that building materials and standards from 1913 differ from today, so inspections should be thorough for items like wiring, plumbing, and insulation.
5. Who would this property NOT be well-suited for?
It may not suit buyers seeking a move-in-ready, modernized home without projects, or those prioritizing large, suburban-sized lots and square footages well above the city average. It’s a home for those who appreciate established neighbourhood character and see potential in a solid foundation.
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