484 Larsen Avenue

Chalmers, Winnipeg

Property score

44.3

Below average

Overall 44.3 · Compared with neighbourhood average

898 sqft (bottom 49%) · Built in 1915 (19 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, 1 school, 2 parks, and 1 place of worship nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Near average

19 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 Area898 sqft32Low
Year Built191516Low
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
898 sqft
0255075100
Same streetBottom 49%Same areaBottom 49%CitywideBottom 16%
Same street · Larsen Avenue
#104 / 203
Bottom 49% · Avg 937 sqft
Same area · Chalmers
#1,424 / 2,815
Bottom 49% · Avg 953 sqft
Citywide · Winnipeg
#163,110 / 194,458
Bottom 16% · Avg 1,342 sqft

Tax-Assessed Value

above average
221k
0255075100
Same streetTop 29%Same areaTop 38%CitywideBottom 11%
Same street · Larsen Avenue
#58 / 203
Top 29% · Avg 201.9k
Same area · Chalmers
#1,079 / 2,815
Top 38% · Avg 210.8k
Citywide · Winnipeg
#172,179 / 194,458
Bottom 11% · Avg 390.1k

Year Built

around average
1915
0255075100
Same streetTop 46%Same areaBottom 48%CitywideBottom 11%

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

484 Larsen Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 342 m), 1 education (nearest 474 m), 2 parks (nearest 226 m).

Search radius
🍽️Dining1
🏫Education1
🌳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 3/2023CA$200k–250k
Sold price

Same street

Top 26%

Same area

Top 29%

City-wide

Bottom 18%
Sold 8/2020CA$200k–250k
Sold price

Same street

Top 32%

Same area

Top 34%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 484 Larsen Avenue, Winnipeg

Property Overview: 484 Larsen Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1915, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. With 898 square feet of living space and a 3,298 sqft lot, its size is very typical for the immediate area but sits below the city-wide average, positioning it as a more manageable property. A key characteristic is the unrenovated basement, indicating potential for future customization or storage, and the home includes a detached garage.

Its primary appeal lies in its established neighbourhood context and value proposition. The home's assessed value ranks above average for Larsen Avenue itself, suggesting it is viewed favorably within its specific streetscape of similar vintage homes. It suits first-time buyers looking for an entry point into homeownership without the scale or price of a larger modern house, or practical investors seeking a character rental in a long-standing community. A thoughtful perspective is that while its city-wide rankings for size and value are below average, this reflects its authentic place in a core neighbourhood—offering a simpler footprint and a chance to be part of a community's history rather than a standout new build.


Frequently Asked Questions

1. How does the home’s size compare to others?
At 898 sqft, the living area is very close to the average for both Larsen Avenue and the broader Chalmers neighbourhood, but is notably smaller than the Winnipeg city-wide average for homes.

2. What does the "unrenovated basement" mean?
This indicates the basement remains in its original or older state, without recent upgrades or finishing. It provides functional space and storage but presents a future opportunity for customization.

3. Is the assessed value high for the area?
The assessed value is above the average for Larsen Avenue itself, but aligns more closely with the typical value seen across the Chalmers neighbourhood.

4. How old is the home, and is that typical?
Built in 1915, the home is over a century old. This is typical for its street and neighbourhood, where many homes were built in the early 20th century.

5. What is the land size, and are there expansion possibilities?
The lot is 3,298 sqft, which is standard for the area. Any potential for expansion, like an addition or a new garage, would be subject to the lot's dimensions and local zoning bylaws.

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