Property score
54.4
Fair
Overall 54.4 · Larger than most nearby homes
1,116 sqft (top 24%) · Built in 1913 (21 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 2 parks nearby
Living Area
Above average
17% larger than neighborhood avg.
Year Built
Below average
21 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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54.4 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
428 Larsen Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 369 m), 2 parks (nearest 288 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 28% | Top 32% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 31% | Bottom 34% | Bottom 6% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 428 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home in Chalmers presents a straightforward opportunity centered on its lot and living space. Built in 1913, it is an older home with an unrenovated basement and a detached garage. Its primary appeal lies in its above-average living area (1,116 sq ft) for both its street and neighbourhood, offering more interior space than many comparable local properties. The lot size (3,298 sq ft) is typical for the area, providing standard outdoor space for a mature community.
The property suits practical buyers looking for a value-oriented entry into the market, or investors considering land value. It’s a home that asks for modernization, making it a potential project for a hands-on buyer. A less obvious perspective is its consistent, middle-of-the-road assessed value within Chalmers, suggesting it’s a stable, no-surprises option in the area rather than a standout bargain or premium property. Its recent sale history shows gradual appreciation, indicating steady local demand.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style, typically featuring a full main floor and a second floor with sloped ceilings where the roof line begins, making the upstairs rooms slightly smaller.
2. Is the basement finished or usable for storage?
The listing specifies the basement exists but is "not renovated." It is likely a functional, unfinished space for utilities and storage, not a finished living area.
3. How does the assessed value relate to the likely sale price?
The assessed value for taxation ($19.3k) is significantly lower than the last sale price ($22.5k in 2023). Sale price is determined by the market, while assessed value is for municipal tax purposes; the latter is not a direct indicator of current market value.
4. The home is older—what should I consider?
Built in 1913, potential buyers should budget for updates to major systems like wiring, plumbing, and insulation. A thorough home inspection is essential to understand the condition and needed repairs.
5. How does this property compare to others on the street?
The data shows this home offers more living space than the average on Larsen Avenue, while its lot size and age are fairly typical for the street. It sits in the middle of the pack for assessed value among its immediate neighbours.
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