Property score
35.3
Below average
Overall 35.3 · Smaller than most nearby homes
680 sqft (bottom 17%) · 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, 2 parks, and 1 place of worship nearby
Living Area
Below average
29% smaller 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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35.3 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
519 Larsen Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 413 m), 1 education (nearest 402 m), 2 parks (nearest 179 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 4% | Bottom 6% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 519 Larsen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old (1914) one-storey home in the Chalmers neighbourhood. Its primary characteristic is its modest scale, featuring 680 sq ft of living space on a 2,495 sq ft lot, both of which are below average for the immediate area and the city. There is no basement, pool, or garage. The home’s appeal lies squarely in its value and potential. With a very low assessed value and a recent sale price of $11,600, it represents one of the most accessible entry points into homeownership in Winnipeg. This isn’t a move-in-ready property for most; its value is as a blank canvas. It would suit a hands-on buyer looking for a project—perhaps a first-time buyer with renovation skills, an investor considering a hold or redevelopment, or someone seeking the absolute minimum footprint and tax burden. A less obvious perspective is that its smaller lot and home size could mean lower utility costs and less maintenance, appealing to those looking to minimize ongoing expenses. Its age and condition suggest it requires a vision and a willingness to invest sweat equity or capital into improvements.
Section 2: Frequently Asked Questions
1. Is this a livable home in its current state?
Based on the very low sale price and assessed value relative to its size and age, it is likely a fixer-upper. Prospective buyers should budget for significant updates or repairs and plan for a thorough inspection.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property’s relatively small size, older age, and likely current condition compared to the typical Winnipeg home. It is in line with other smaller, older homes in the Chalmers area.
3. What are the implications of having no basement?
This limits storage space and eliminates the potential for a traditional basement suite or developed recreational area. It may also mean mechanical systems like the furnace and water heater are located on the main floor, impacting living space layout.
4. Can the house be expanded or the lot redeveloped?
The lot size is below average for the area, which may limit possibilities for a large addition. Any expansion or redevelopment would need to comply with local zoning bylaws regarding setbacks and lot coverage. The potential may lie in a thoughtful renovation of the existing footprint.
5. How does the lack of a garage affect parking and storage?
Buyers will need to rely on street parking. The absence of a garage also means all storage and vehicle protection must be addressed creatively, which is a key consideration given the home’s already limited living area.
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