Property score
47.9
Below average
Overall 47.9 · Compared with neighbourhood average
970 sqft (top 41%) · Built in 1919 (15 yrs older than avg)
Located in a above-average income area with median household income of ~68.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 1 park nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Near average
15 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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47.9 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: #46110935
$69K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
25%
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
411 Larsen Avenue — 2 amenities found within 500 m, across 2 categories, including 1 dining (nearest 431 m), 1 parks (nearest 356 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 | Bottom 24% | Bottom 32% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1919-built, one-and-a-half storey home on Larsen Avenue in Chalmers presents a straightforward opportunity. Its key appeal lies in its position as a modest, no-frills property in a long-established neighbourhood. With 970 square feet of living space, a detached garage, and an unrenovated basement, it is a functional blank canvas. The lot size is typical for the street and area, offering standard outdoor space.
The home’s standout characteristic is its value proposition. Its assessed value is significantly below the Winnipeg citywide average, reflecting its age and condition. This makes it a candidate for buyers seeking an entry point into the market, an investor looking for a rental property, or a hands-on owner prepared to take on gradual updates. Its appeal is practical rather than luxurious, suited for those who prioritize land and location over move-in-ready finishes. A less obvious perspective is its potential as a "hold" property in a neighbourhood that may see incremental change over time, where the value is currently in the land and structure rather than high-end finishes.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean for a house of this age?
It generally indicates the original foundation, flooring, and utilities, likely with limited finishing. Buyers should budget for potential updates to plumbing, electrical, or insulation, and plan for a professional inspection to assess its condition and potential.
2. How does the very low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes compared to newer or more extensively renovated homes in the city. This can be a significant ongoing cost savings for the owner.
3. Is the detached garage in usable condition?
The listing does not specify. Given the home's age and overall description, a prospective buyer should verify the garage's structural state, door operation, and whether it has electrical service.
4. What is the neighbourhood character of this part of Chalmers?
The provided data shows homes on Larsen Avenue are of similar vintage, size, and value, indicating a consistent, mature streetscape. It suggests a stable, established community rather than an area undergoing rapid redevelopment.
5. Why is the sale price from 2019 lower than the current assessed value?
The 2019 sale price of $16,800 was likely a market transaction that set a baseline. The current assessed value of $19,800 is an estimate for taxation purposes by the municipal authority and can differ from market value, which is determined by what a buyer is willing to pay today.
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