Property score
43.9
Below average
Overall 43.9 · Compared with neighbourhood average
920 sqft (top 47%) · Built in 1913 (21 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 76%Tagalog · 3%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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43.9 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: #46110896
$60K
Median household income
$65K
Average household income
18%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
35%
Single-person households
20%
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
221 Bowman Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 491 m), 2 parks (nearest 336 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 24% | Bottom 24% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 221 Bowman Avenue in Winnipeg's Chalmers neighbourhood presents a straightforward opportunity centered on land value and simplicity. Built in 1913, its key characteristic is a modest 920 sqft living area on a 2,552 sqft lot, with an unrenovated basement and no garage. The appeal lies in its position as an affordable entry point into the market. When compared to its immediate street and neighbourhood, its lot size, age, and living space are all around the local average, but its assessed and recent sale values are significantly below Winnipeg-wide averages. This creates a clear value proposition based on location rather than the home's current condition.
It would best suit a pragmatic, value-focused buyer. This could be a first-time purchaser willing to live simply while planning future renovations, or an investor looking for a land-hold or rental property with minimal upfront investment. Its unrenovated state means it's not move-in ready for someone seeking modern finishes, but it offers a blank canvas without a premium price for previous upgrades.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's current state and local market conditions in Chalmers. It reflects a modest, older home without recent renovations. The dramatic difference from the city-wide average highlights the affordability of this specific area and property type compared to newer or more updated homes across Winnipeg.
2. What does "for land value" really mean for a buyer?
It emphasizes that a significant portion of your purchase price is for the lot itself in a settled neighbourhood. The existing house provides basic shelter, but the long-term value and potential are tied to the land. This is common for older, unrenovated properties and suggests future equity may come from improving the structure or the land's redevelopment potential.
3. How significant is the unrenovated basement?
An unrenovated basement typically means it's in a rough, utilitarian state suitable for storage and mechanical systems but not for comfortable living space. Buyers should budget for potential moisture management, insulation, and finishing if they wish to use it as a living area, and should anticipate a professional inspection.
4. The home sold for less than its assessed value in 2016. What does that indicate?
A past sale below assessment can indicate a prior motivated seller, a market dip, or a sale that reflected specific property condition issues at that time. It's a useful data point for negotiation but is less relevant to current market value than recent comparable sales and the present assessment.
5. With no garage, what are the parking options?
The property likely relies on on-street parking. Buyers should verify local parking regulations with the city, observe typical street availability at different times, and consider the practical implications for daily use, especially during Winnipeg winters.
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