Property score
57.3
Fair
Overall 57.3 · Larger than most nearby homes
1,336 sqft (top 8%) · Built in 1914 (20 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 3 parks, and 1 place of worship nearby
Living Area
Above average
40% larger than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 75%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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57.3 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: #46110934
$58K
Median household income
$73K
Average household income
20%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
39%
Single-person households
16%
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
508 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 361 m), 1 education (nearest 396 m), 3 parks (nearest 207 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 35% | Bottom 37% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1914 one-and-a-half storey home on Larsen Avenue in Chalmers presents a specific and compelling opportunity. Its primary appeal lies in its generous proportions relative to its immediate context. With 1,336 sqft of living space, it ranks in the top 8% for size within the neighbourhood, offering significantly more room than many nearby homes. The lot size is also above average for the street. This combination suggests a home with inherent space and potential, positioned on a street of similar vintage homes. It last sold in 2021 for $17,500, with a current assessed value of $18,300.
The property suits a specific buyer: someone looking for a foundational investment in a character home, willing to undertake renovations. The basement exists but is noted as not renovated, and there is no garage. Its value is not in move-in readiness, but in the solid footprint and lot it provides. A thoughtful perspective is that this home represents a "blank canvas" within a historic streetscape—it offers the rare chance to customize a spacious, older home without the premium price often attached to already-renovated properties. It’s a practical choice for a hands-on buyer or investor focused on long-term value over immediate convenience.
Frequently Asked Questions
1. Why is the sale price and assessed value so much lower than the city-wide average?
This is typical for the Chalmers neighbourhood, where property values are generally below the Winnipeg average. The price reflects the local market and the home’s need for modernization, not the square footage or lot size.
2. What does "above average" living area really mean for this home?
While the 1,336 sqft is around average city-wide, it is notably larger than most homes on its street and in Chalmers. This means you get more interior space than many neighbouring properties, which is a key advantage in this area.
3. What are the implications of the "not renovated" basement?
This indicates the basement is in original or utilitarian condition. It likely has foundational utility (furnace, laundry) but will require investment to finish for living space. Buyers should budget for necessary moisture control and upgrades.
4. The home is 112 years old. What should I be most concerned about?
Standard for its age, priority checks should include the foundation, roof, wiring, and plumbing. Its longevity also suggests durable construction materials, but a thorough inspection is essential to understand the scope of needed updates.
5. Who would this property not be suitable for?
It is not a match for buyers seeking a turn-key, modern home with a garage and finished basement. It also may not suit those unwilling to manage or budget for the renovations an older home of this vintage will require.
