Property score
71.5
Good
Overall 71.5 · Larger and newer than most nearby homes
1,768 sqft (top 2%) · Built in 2020 (86 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, 4 parks, and 1 place of worship nearby
Living Area
Above average
85% larger than neighborhood avg.
Year Built
Above average
86 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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71.5 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
526 Larsen Avenue — 7 amenities found within 500 m, across 4 categories, including 1 dining (nearest 383 m), 1 education (nearest 349 m), 4 parks (nearest 151 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 1% | Top 1% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 526 Larsen Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2020, stands out for its modern construction and generous living space in the Chalmers neighbourhood. Its primary appeal lies in its exceptional standing compared to nearby properties. With 1,768 sqft of living area, it ranks in the top 2% on its street and in Chalmers, offering significantly more room than the local average. It also boasts a renovated basement and a high assessed value of $470k, placing it in the top 1% of the area—a strong indicator of its perceived market value and quality.
The home is ideally suited for buyers seeking a modern, move-in-ready property without the typical maintenance concerns of an older home. It appeals to those who prioritize interior space and modern amenities over a large yard, as the lot size is more compact than area averages. This is a solid choice for professionals, small families, or anyone looking for a newer build in a well-established neighbourhood, offering a blend of contemporary living within a mature community context.
Frequently Asked Questions
1. How does the property’s value hold up in the broader Winnipeg market?
While it’s an elite property within its immediate area, citywide comparisons show it is above average (top 25%), suggesting it offers strong value for its size and condition compared to the full Winnipeg market.
2. What are the trade-offs for having a newer home here?
The trade-off is typically lot size. This home is on a smaller, more urban lot compared to area averages, meaning less outdoor private space but also less yard maintenance.
3. The assessed value seems high for the area. What does that mean?
The assessed value places it in the top 1% for Chalmers. This reflects its modern build year, size, and renovations, setting it apart from the many older, smaller homes in the neighbourhood. It’s valued more similarly to homes in areas like Elmhurst.
4. Is the renovation in the basement a legal suite?
The details provided state the basement is renovated but do not specify it as a legal secondary suite. A buyer should verify its status and compliance with local regulations if that is a consideration.
5. How does the recent sale history influence its current price?
The home sold in May 2022 for $540k. This recent transaction provides a concrete market benchmark, indicating strong past demand and helping to anchor its current valuation.
