Property score
35.3
Below average
Overall 35.3 · Smaller than most nearby homes
630 sqft (bottom 9%) · Built in 1920 (14 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 86.0 · 3-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
Below average
34% smaller than neighborhood avg.
Year Built
Near average
14 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
559 Larsen Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 470 m), 1 education (nearest 318 m), 3 parks (nearest 59 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 38% | Bottom 38% | Bottom 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 11% | Bottom 20% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 559 Larsen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1920 on a standard city lot in the Chalmers neighbourhood. Its key characteristic is its modest scale, with a living area of 630 sqft, which is notably smaller than most homes on its street and across Winnipeg. The lot size of 2,490 sqft is also below average for the area. There is no basement, pool, or garage.
The primary appeal lies in its affordability and simplicity. With a low assessed value and a recent sale price under $20,000, it represents one of the most accessible entry points into homeownership in the city. This isn't a property for those seeking space or modern amenities; instead, it suits a very specific buyer. It would be ideal for an investor looking for a straightforward rental property, a hands-on individual interested in a minimalistic living project, or a buyer who values land ownership in a established neighbourhood over the size or condition of the existing structure. A thoughtful perspective is that its very small footprint could translate to extremely low utility and maintenance costs, offering a unique form of financial efficiency. Its age and size position it as a "blank slate," potentially appealing to someone with a vision for a creative renovation or expansion, subject to local regulations.
Section 2: Frequently Asked Questions
1. Why is the price so low compared to other homes?
The price reflects the home's very small size (630 sqft), its age (built in 1920), and the lack of additional features like a basement or garage. It is priced as a land-value proposition with a basic existing structure.
2. What type of renovation would this home need?
Given its age and size, buyers should budget for comprehensive updates. This likely includes modernizing electrical and plumbing systems, improving insulation, and addressing any foundational or structural concerns common in century-old homes. The layout may also feel cramped by modern standards.
3. Is the land large enough to expand the house or rebuild?
The lot is 2,490 sqft, which is below average for the area but may still allow for an addition or a rebuild, depending on Winnipeg's zoning bylaws and setback requirements. This would be a key question for the city's planning department.
4. How does the lack of a basement affect utility and storage?
Without a basement, mechanical systems like the furnace and water heater will be on the main floor, consuming living space. It also eliminates traditional storage and laundry areas, which would need to be accommodated on the single floor.
5. What is the neighbourhood like?
The home is in Chalmers, an older, established neighbourhood in Winnipeg. The nearby properties on Larsen Avenue are a mix of similarly aged, modest homes. Prospective buyers should visit at different times to assess the street's character and proximity to local amenities.
