Property score
59.2
Fair
Overall 59.2 · Larger than most nearby homes
1,432 sqft (top 6%) · 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 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby
Living Area
Above average
50% 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
59.2 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
386 Larsen Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 447 m), 2 parks (nearest 398 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 25% | Top 27% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-and-three-quarter storey home, built in 1913, presents a unique profile. Its key appeal lies in its generous 1,432 sqft of living space, which is notably larger than most homes on its street and in the Chalmers neighbourhood. The property sits on a standard 3,298 sqft lot and features a basement that has not been renovated. There is no garage or pool. The home last sold in December 2019 for $23,800 and has a current assessed value of $25,700.
This property would suit a specific type of buyer. It’s ideal for a hands-on purchaser looking for a character home with solid "bones" and above-average interior space relative to the area, who is prepared to take on updates over time. It may also appeal to an investor seeking an entry-point property in Winnipeg, given its low assessed value and sale price compared to city-wide averages. The unrenovated basement and age of the home mean its appeal is grounded in potential and square footage rather than modern finishes.
Frequently Asked Questions
1. What does "one & 3/4 storey" mean?
This is a common Winnipeg architectural style. It typically means the home has a full main floor and a second floor where the roofline slopes inward, making the upstairs rooms have slightly sloped ceilings or reduced square footage compared to the main floor.
2. The sale price and assessed value seem very low. Is this accurate?
Yes, based on the provided data. This indicates the home is in a market segment with very accessible pricing, especially when compared to Winnipeg's city-wide average assessed value of $390k. It reflects the home's age, condition, and the local neighbourhood market.
3. How does the living area compare to nearby homes?
Its living area is a standout feature. It ranks in the top 5% on Larsen Avenue and the top 6% in Chalmers, meaning it offers significantly more interior space than most comparable properties nearby.
4. What should I consider about the 1913 build date?
While it adds character, it necessitates careful inspection for aging components like wiring, plumbing, and the foundation. The "below average" ranking for year built on its street suggests many neighbours' homes are newer, which could be a factor for future resale or insurance.
5. What is the potential here for a buyer?
The potential is in the spacious layout on a standard lot. A buyer could gradually modernize the home while benefiting from ample room. The low purchase barrier allows for budget to be allocated to renovations rather than the initial purchase price.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
