Property score
48.6
Below average
Overall 48.6 · Larger than most nearby homes
1,073 sqft (top 29%) · 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
Above average
13% 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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48.6 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
521 Larsen Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 415 m), 1 education (nearest 396 m), 2 parks (nearest 172 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 | Top 48% | Bottom 48% | Bottom 9% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 39% | Bottom 38% | Bottom 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 521 Larsen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1914, presents a practical opportunity in Winnipeg's Chalmers neighbourhood. Its key appeal lies in its efficient, above-average living space (1,073 sq ft) for the immediate area, offering more room than many neighbouring homes. It features a detached garage and sits on a modest, manageable lot.
The property suits first-time buyers or practical investors looking for an entry point into the market with a functional amount of space. Its assessed value is very typical for Larsen Avenue and Chalmers, suggesting a straightforward, no-surprises valuation in line with local norms. A thoughtful perspective for the right buyer is the home's established location: while the lot is smaller than the city average, it translates to less exterior maintenance. Additionally, its "around average" metrics on the street indicate a stable, non-speculative piece of the neighbourhood, insulated from the extremes of the wider city market.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,073 sq ft, the living area is above average for both Larsen Avenue and the broader Chalmers neighbourhood, meaning it offers more interior space than most comparable local properties.
2. Is the assessed value typical for the area?
Yes. The home's assessed value is squarely around the average for both the street and the Chalmers area, indicating it is priced in line with local market norms.
3. What should I know about the lot size?
The land area is smaller than average for the street, neighbourhood, and especially the city. This is a consideration if outdoor space is a priority, but it also means less yard work and potentially lower landscaping costs.
4. How does this home compare to the Winnipeg market overall?
Citywide, this home is smaller, on a smaller lot, and has a lower assessed value than the typical Winnipeg property. This highlights its position as a more affordable, compact option within the city.
5. Have there been recent sales on this street?
The provided data shows two sales for this specific address in recent years (2021 and 2018), indicating an active sales history. Nearby comparable listings on Larsen Avenue are also noted, which can be useful for direct comparison.
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