477 Larsen Avenue

Chalmers, Winnipeg

Property score

44.3

Below average

Overall 44.3 · Compared with neighbourhood average

858 sqft (bottom 44%) · Built in 1913 (21 yrs older than avg)

Located in a above-average income area with median household income of ~68.5k

Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 parks, and 1 place of worship nearby

Living Area

Near average

10% 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)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

44.3 is composed by the two sections below.

Property Score

31.2Low
Living Area32
858 sqftLow
Year Built16
1913Low
Lot Size38
3,298 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

64.0Fair
Household Income70
Good
Education Level44
Low
Housing Stress74
Good
Core Housing Need76
Good
Employment Health52
Fair

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
858 sqft
0255075100
Same streetBottom 43%Same areaBottom 44%CitywideBottom 13%
Same street · Larsen Avenue
#115 / 203
Bottom 43% · Avg 937 sqft
Same area · Chalmers
#1,574 / 2,815
Bottom 44% · Avg 953 sqft
Citywide · Winnipeg
#169,072 / 194,458
Bottom 13% · Avg 1,342 sqft

Tax-Assessed Value

around average
202k
0255075100
Same streetTop 39%Same areaTop 50%CitywideBottom 8%
Same street · Larsen Avenue
#80 / 203
Top 39% · Avg 201.9k
Same area · Chalmers
#1,414 / 2,815
Top 50% · Avg 210.8k
Citywide · Winnipeg
#177,947 / 194,458
Bottom 8% · Avg 390.1k

Year Built

around average
1913
0255075100
Same streetBottom 24%Same areaBottom 33%CitywideBottom 10%

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

477 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 386 m), 2 education (nearest 497 m), 2 parks (nearest 273 m).

Search radius
🍽️Dining1
🏫Education2
🌳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 3/2016CA$150k–200k
Sold price

Same street

Bottom 45%

Same area

Bottom 41%

City-wide

Bottom 8%

Related homes

Highlights & common questions: 477 Larsen Avenue, Winnipeg

Property Overview & Key Characteristics

This one-storey home at 477 Larsen Avenue in Winnipeg's Chalmers neighbourhood presents a straightforward, no-frills opportunity. Built in 1913, its 858 sqft of living space and 3,298 sqft lot are very typical for its immediate area. The property features a detached garage and an unrenovated basement. Its appeal lies in its simplicity and positioning as a modest, entry-level property within a well-established community. The data suggests it is not a standout in size, assessed value, or modern features, but rather a representative example of the local housing stock.

This home would suit a pragmatic, value-conscious buyer—perhaps a first-time purchaser, an investor looking for a rental property, or someone seeking a manageable footprint without the premium of a recent renovation. Its unrenovated state offers a blank canvas for gradual improvements. A less obvious perspective is that its very "averageness" for the street and area could indicate stability and predictability, with less risk of being over-improved compared to neighbouring properties.


Frequently Asked Questions

1. How does this home compare to others in the area?
Based on available metrics, this property is consistently around the average for Larsen Avenue and the broader Chalmers neighbourhood in terms of living area, land size, and assessed value. It is notably older than many city-wide averages.

2. What is the condition of the basement?
The listing specifies the basement is "not renovated." Prospective buyers should budget for potential updates and include a thorough inspection to assess its current state and any necessary repairs.

3. Is the assessed value the same as the market value?
No. The listed assessed value is for municipal tax purposes. Market value is determined by what a buyer is willing to pay in the current market, which can be higher or lower than the assessed value.

4. What are the potential uses for the detached garage?
The detached garage offers valuable additional storage, workshop space, or secure parking. Its condition and size should be verified in person to ensure it meets the buyer's needs.

5. The home is over a century old. What should I consider?
While the structure has proven its durability, key considerations include the age and condition of major systems (like plumbing, electrical, and the roof), potential for historical building materials (like lead or asbestos), and the energy efficiency of the original windows and insulation. An inspection is crucial.