375 Larsen Avenue

Chalmers, Winnipeg

Property score

47.4

Below average

Overall 47.4 · Compared with neighbourhood average

936 sqft (top 45%) · 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

2% smaller 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
936 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
936 sqft
0255075100
Same streetTop 46%Same areaTop 45%CitywideBottom 20%
Same street · Larsen Avenue
#93 / 203
Top 46% · Avg 937 sqft
Same area · Chalmers
#1,269 / 2,815
Top 45% · Avg 953 sqft
Citywide · Winnipeg
#155,439 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
189k
0255075100
Same streetBottom 49%Same areaBottom 42%CitywideBottom 7%
Same street · Larsen Avenue
#104 / 203
Bottom 49% · Avg 201.9k
Same area · Chalmers
#1,642 / 2,815
Bottom 42% · Avg 210.8k
Citywide · Winnipeg
#181,236 / 194,458
Bottom 7% · 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

375 Larsen Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 450 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 8/2024CA$150k–200k
Sold price

Same street

Bottom 28%

Same area

Bottom 34%

City-wide

Bottom 6%

Related homes

Highlights & common questions: 375 Larsen Avenue, Winnipeg

Property Overview: 375 Larsen Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-three-quarter storey home in Chalmers presents a practical opportunity in Winnipeg's market. Its key characteristic is balance: with 936 sqft of living space on a 3,298 sqft lot, it sits around the average for its immediate street and neighborhood in most metrics. The home, built in 1913, comes with a renovated basement and a detached garage. Its appeal lies in being an honest, no-frills property in a context where its recent sale price of $170k is significantly below the city-wide average. This isn't a luxury offering, but a grounded entry point.

The property would suit first-time buyers or practical investors looking for a functional home without a premium price tag. Its value is relative; while its lot size and living area are below the Winnipeg average, they are typical for Chalmers. This suggests a chance to own in an established neighborhood without the cost of a larger, modern footprint. A thoughtful perspective is that a home of this age and modest size on a standard lot offers manageable upkeep costs and renovation potential, appealing to those who prefer a simpler living space without excessive maintenance.

Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income.

2. How does the 1913 build year affect the home?
While older than many city homes, its build year is around average for Chalmers. This typically means potential for character but also a need for a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation.

3. The assessed value is much lower than the sale price. Why?
The assessed value for taxation purposes ($18.9k) is not a market valuation. The recent $170k sale price reflects the current market value, which is influenced by factors like the renovated basement, condition, and local demand.

4. What is the neighborhood like?
Chalmers is an established, mature neighborhood. The property's metrics (lot size, living area) are consistently around the local average, indicating it fits squarely within the fabric of a classic Winnipeg community, not an outlier.

5. Are the property taxes likely to change?
Following a sale at $170k, the property assessment may be reviewed by the municipal assessor, which could lead to an increase in the assessed value and subsequent property taxes. Budgeting for a potential increase is advisable.