517 Larsen Avenue

Chalmers, ਵਿਨੀਪਿਗ

Property score

35.8

Below average

Overall 35.8 · Smaller than most nearby homes

627 sqft (bottom 8%) · Built in 1925 (9 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, 2 parks, and 1 place of worship nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

34% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

9 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 6%

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

35.8 is composed by the two sections below.

Property Score

18.8Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ627 sqft15Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ192520Low
ਜ਼ਮੀਨ2,495 sqft18Low
Neighbourhood Sales Activity61Fair

Community Score

61.3Fair
Household Income62Fair
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Chalmers

How to read: Share of sales in each ~$50k price band for “chalmers” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 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: #46110934

Community deep dive

$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

Population, labour & age

Population (2021)583
Labour force participation rate69%
Median age37.6
Avg household size2.2
Unemployment rate6%
Population density1325 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households39%
Couple families with children16%
Median household income (2020)$58K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$214K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority34%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 5%

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

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
627 sqft
0255075100
Same streetਹੇਠਲੇ 7%Same areaਹੇਠਲੇ 8%Citywideਹੇਠਲੇ 1%
Same street · Larsen Avenue
#188 / 203
ਹੇਠਲੇ 7% · ਔਸਤ 937 sqft
Same area · Chalmers
#2,581 / 2,815
ਹੇਠਲੇ 8% · ਔਸਤ 953 sqft
Citywide · ਵਿਨੀਪਿਗ
#191,977 / 194,458
ਹੇਠਲੇ 1% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ
166k
0255075100
Same streetਹੇਠਲੇ 30%Same areaਹੇਠਲੇ 27%Citywideਹੇਠਲੇ 4%
Same street · Larsen Avenue
#142 / 203
ਹੇਠਲੇ 30% · ਔਸਤ 201.9k
Same area · Chalmers
#2,062 / 2,815
ਹੇਠਲੇ 27% · ਔਸਤ 210.8k
Citywide · ਵਿਨੀਪਿਗ
#185,847 / 194,458
ਹੇਠਲੇ 4% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ ਤੋਂ ਉੱਪਰ
1925
0255075100
Same streetਟਾਪ 27%Same areaਟਾਪ 42%Citywideਹੇਠਲੇ 15%

ਜ਼ਮੀਨ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
2,495 sqft
0255075100
Same streetਹੇਠਲੇ 9%Same areaਹੇਠਲੇ 14%Citywideਹੇਠਲੇ 4%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

517 Larsen Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 410 m), 1 education (nearest 408 m), 2 parks (nearest 187 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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

5/2017 ਵਿਚ ਵਿਕਿਆCA$100k–150k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 5%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 10%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 2%

Related homes

ਵਿਨੀਪਿਗ 517 Larsen Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 517 Larsen Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1925, situated on a modest lot in the Chalmers neighbourhood. Its key characteristic is its efficiency: with 627 sq ft of living space, it is notably smaller than most homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value, which is around average for Larsen Avenue but below average for the wider city.

The appeal lies in its potential as an affordable entry point into homeownership or as a straightforward investment property. It suits buyers seeking minimal upkeep, such as first-time buyers comfortable with a cozy footprint, or investors looking for a rental property with lower carrying costs. A less obvious perspective is that its older construction date (1925) is actually above average for its immediate street, suggesting it may be among the more established homes in the block. The presence of a detached garage adds practical storage or workshop space. This property is not suited for those needing ample room, modern finishes (the basement is noted as not renovated), or a large yard.

Frequently Asked Questions

1. How does the size of this home compare to others?
It is significantly smaller than average. Its living area ranks in the bottom 7% on its own street, the bottom 8% in Chalmers, and the bottom 1% city-wide.

2. What does the assessed value indicate?
The assessed value of $16,600 is typical for Larsen Avenue but is well below the Winnipeg city average. This generally suggests a lower property tax burden and reinforces its positioning as an affordable option.

3. Is the lot size a constraint?
The land area of 2,495 sq ft is smaller than most comparable lots on the street and in the city. This means limited outdoor space but also less yard maintenance.

4. How old is the house, and what does that mean?
Built in 1925, it is 101 years old. While this means systems and structure may require attention, the data shows it is actually newer than many homes on Larsen Avenue, where it ranks in the top 27% by year built.

5. What are comparable nearby properties like?
Listed references show a mix of similarly aged, smaller homes and newer, larger constructions in Chalmers. This highlights the neighbourhood's range, with 517 Larsen Avenue sitting at the more compact and historic end of the spectrum.

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