Property score
75.5
Good
Overall 75.5 · Larger and newer than most nearby homes
2,424 sqft (top 1%) · Built in 2023 (89 yrs newer than avg)
Located in a average-income area with median household income of ~58.4k
Transit 94.0 · 2-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
154% larger than neighborhood avg.
Year Built
Above average
89 yrs newer 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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Property score
75.5 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
EliteLot Size
below averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
522 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 377 m), 1 education (nearest 362 m), 3 parks (nearest 166 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 1% | Top 17% |
522 Larsen Avenue · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 522 Larsen Avenue, Winnipeg
Property Overview: 522 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This three-storey home, built in 2023, stands out for its modern construction and exceptional interior space within its context. With 2,424 sqft of living area, it ranks in the top 1% for size both on its street and in the broader Chalmers neighbourhood, offering significantly more room than typical local homes. Its assessed value also places it in the top tier locally, indicating a premium property for the area. The appeal lies in acquiring a like-new, spacious home without the wait of new construction, in an established neighbourhood where it is a clear standout in terms of modernity and scale. The trade-off is a land area that is more compact than area averages.
This property would suit a buyer looking for modern finishes, minimal upkeep, and maximum interior space who values being in an established community. It’s ideal for those who prioritize home size and new infrastructure over a large yard. Given its metrics, it would also appeal to an investor or homeowner looking for a property that holds a unique, top-tier position in its immediate market.
Frequently Asked Questions
1. Why is the assessed value relatively low compared to the city-wide average?
The assessed value is reflective of the local Chalmers market, where it ranks in the top 1%. City-wide averages include homes from many higher-value neighbourhoods, so this assessment indicates a premium property within its specific area rather than the entire city.
2. How does such a new home fit into this neighbourhood?
The home is a modern infill, built in 2023 amidst older, predominantly early-1900s homes. This offers the benefit of new construction in a settled area, though the architectural style and lot size may differ from neighbouring properties.
3. What does "Elite — Top 1%" for Living Area mean practically?
It means that for its street and the Chalmers area, this home is larger than 99% of comparable properties. You are getting significantly more interior space than is typical, which is a major advantage if you need room to grow or simply desire spacious modern layouts.
4. Is the lack of a basement or garage a concern?
The listing notes no basement and no garage. This is common for some newer infill designs and simplifies maintenance, but it reduces storage and utility space. Buyers would need to consider alternative storage solutions and where to park vehicles.
5. The land area is noted as "below average." How impactful is this?
The lot is smaller than most in the area. This means less outdoor private space for gardening or recreation, but it also translates to less yard maintenance. The focus of this property is squarely on the interior living experience.