Property score
47.9
Below average
Overall 47.9 · Compared with neighbourhood average
952 sqft (top 43%) · 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 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby
Living Area
Near average
0% smaller 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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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
433 Larsen Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 408 m), 2 parks (nearest 320 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 44% | 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
This one-and-a-half storey home on Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a practical, no-frills opportunity. Built in 1913, its key characteristic is a renovated basement, adding valuable finished space to the 952 sqft living area. The lot is a standard city size for the area at just under 3,300 sqft. The home lacks a garage and pool, positioning it as a straightforward, functional property.
Its appeal lies in its affordability and simplicity, underscored by a low assessed value. It suits first-time buyers seeking an entry point into the market, investors looking for a rental property with a manageable price tag, or downsizers who prioritize minimal upkeep over modern amenities. A less obvious perspective is its potential for someone interested in the character of an early 20th-century home without the burden of an extremely large or historically significant property. The renovated basement is a notable asset, offering immediate usable space rather than a project.
Frequently Asked Questions
1. What does "one-and-a-half storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloped roof lines, which may have smaller or fewer rooms. Given the era, expect cozier upper-level spaces.
2. How significant is the lack of a garage?
For this price point in Chalmers, it's common. Buyers should budget for street parking and consider the cost of adding a shed or future parking pad if needed.
3. The assessed value seems very low. Does that reflect the sale price?
Assessed value is for municipal tax purposes and often differs from market value. The home last sold in 2019 for $18,300, closely aligning with its current assessment, suggesting it's priced for its condition and location.
4. Is the 1913 build date a concern?
While older, the home has been maintained for over a century. A key focus for inspections should be the foundational integrity, wiring, and plumbing updates over the years, as well as the quality of the basement renovation.
5. How does the lot size compare?
At 3,298 sqft, the lot is very typical for Chalmers and on Larsen Avenue itself. It offers a standard backyard space but is considerably smaller than the city-wide average, reflecting its established inner-city location.
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