443 Larsen Avenue

Chalmers, Winnipeg

Property score

41.2

Below average

Overall 41.2 · Smaller than most nearby homes

764 sqft (bottom 30%) · Built in 1925 (9 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, 2 parks, and 1 place of worship nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

9 yrs older than neighborhood avg.

Mother tongue

English · 69%Tagalog · 13%

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

41.2 is composed by the two sections below.

Property Score

26.0Low
Living Area764 sqft22Low
Year Built192520Low
Lot Size3,298 sqft38Low
Neighbourhood Sales Activity61Fair

Community Score

64.0Fair
Household Income70Good
Education Level44Low
Housing Stress74Good
Core Housing Need76Good
Employment Health52Fair

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: #46110935

Community deep dive

$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

Population, labour & age

Population (2021)540
Labour force participation rate67%
Median age36.8
Avg household size2.5
Unemployment rate20%
Population density5400 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households25%
Couple families with children25%
Median household income (2020)$69K

Housing

Renter households23%
Condominium dwellings0%
Median dwelling value (owners)$180K

Diversity, education & language

Immigrants (share of pop.)30%
Visible minority41%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 69%
Mother tongue (2nd)Tagalog · 12%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
764 sqft
0255075100
Same streetBottom 30%Same areaBottom 30%CitywideBottom 7%
Same street · Larsen Avenue
#142 / 203
Bottom 30% · Avg 937 sqft
Same area · Chalmers
#1,967 / 2,815
Bottom 30% · Avg 953 sqft
Citywide · Winnipeg
#180,913 / 194,458
Bottom 7% · Avg 1,342 sqft

Tax-Assessed Value

around average
212k
0255075100
Same streetTop 35%Same areaTop 44%CitywideBottom 10%
Same street · Larsen Avenue
#71 / 203
Top 35% · Avg 201.9k
Same area · Chalmers
#1,249 / 2,815
Top 44% · Avg 210.8k
Citywide · Winnipeg
#175,062 / 194,458
Bottom 10% · Avg 390.1k

Year Built

above average
1925
0255075100
Same streetTop 27%Same areaTop 42%CitywideBottom 15%

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

443 Larsen Avenue — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 399 m), 2 parks (nearest 305 m).

Search radius
🍽️Dining1
🌳Parks2
Worship1

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 12/2024CA$250k–300k
Sold price

Same street

Top 19%

Same area

Top 21%

City-wide

Bottom 23%

Related homes

Highlights & common questions: 443 Larsen Avenue, Winnipeg

Property Overview: 443 Larsen Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Chalmers presents a practical and value-conscious opportunity. Its key features include a renovated basement, a detached garage, and a notably generous 3,298 sqft lot, which is larger than many in the immediate area. Built in 1925, the house itself is compact at 764 sqft of living space, a layout typical of its era.

The primary appeal lies in its balance of a sizable, usable yard with a home that has seen foundational updates, most notably in the basement. It suits first-time buyers seeking an entry point into the market with outdoor space, or investors looking for a manageable rental property. The recent sale price of $250k positions it as an accessible option, especially for those who value land size over square footage. A thoughtful perspective is that while the living area is modest, the large lot offers clear potential for future expansion or outdoor living, something not always available in this price range. It’s a property that prioritizes land and location, offering a canvas for the right buyer.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
The 3,298 sqft lot is a standout feature, ranking in the top 36% on Larsen Avenue itself. It is larger than the average lot for both the street and the broader Chalmers neighbourhood.

2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes are not detailed. This would be a key point for a home inspection and discussion with the seller to understand the work done.

3. Is the assessed value a good indicator of the sale price?
Not directly. The home recently sold for $250k, significantly above its $21,200 assessed value. In Manitoba, assessed value is for municipal tax purposes and often lags behind current market values.

4. What is the neighbourhood context of Chalmers?
The home’s sale price ranked in the top 23% for the Chalmers neighbourhood, indicating it sold for more than many area homes. This suggests it was viewed as a desirable property within this community.

5. Are comparable homes larger?
Yes. Data shows comparable homes on the same street average about 937 sqft of living area, making this home’s 764 sqft layout more compact. This highlights a trade-off: you gain a larger-than-average lot but with a smaller interior footprint.

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