Property score
40.3
Below average
Overall 40.3 · Compared with neighbourhood average
810 sqft (bottom 38%) · Built in 1913 (21 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 place of worship nearby
Living Area
Below average
15% 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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40.3 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: #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
227 Bowman Avenue — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 500 m), 2 parks (nearest 343 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 33% | Bottom 31% | Bottom 5% |
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 is a compact, one-storey home built in 1913, situated on a standard-sized lot in Winnipeg's Chalmers neighbourhood. Its key features include a detached garage and an unfinished basement. The home presents a straightforward, no-frills opportunity, with recent sale prices and its current assessed value significantly below city-wide averages.
Section 1: Key Characteristics & Appeal
The primary appeal of 227 Bowman Avenue lies in its position as an affordable entry point into the Winnipeg housing market. With a living area of 810 sq. ft., it's a modestly sized home that ranks around the average for its immediate street and neighbourhood, indicating a typical scale for the area. The lot size of 2,502 sq. ft. offers a manageable outdoor space without being overwhelming.
This property would suit a first-time buyer, an investor, or a hands-on individual looking for a practical starter home with the potential to add value. Its below-average price point for the city is its most defining characteristic, making it accessible. The unrenovated basement presents a clear, blank-canvas project for future expansion or storage solutions. A less obvious perspective is that a home of this vintage and scale in an established neighbourhood often comes with proportionally lower utility and maintenance costs than larger, newer builds, which can be a significant long-term benefit.
Section 2: Frequently Asked Questions
1. Is this a "tear-down" or a livable home?
Based on its recent sale history and maintained assessed value, it is treated as a livable property. However, given its age and the mention of an unrenovated basement, a buyer should be prepared for updates and should budget for a thorough inspection.
2. How does the lot size compare to others?
The land area is very typical for Bowman Avenue and the Chalmers neighbourhood, ranking near the middle of the pack locally. It is, however, considerably smaller than the average lot across the entire city of Winnipeg.
3. What does the "below average" assessed value mean?
The home's assessed value is below the average for its street, neighbourhood, and especially the city. This generally reflects the home's smaller size, age, and condition relative to the broader market, not necessarily the land itself. It typically translates to lower property taxes.
4. Has the property value been stable?
The home sold for $165,000 in April 2023 and $155,000 in February 2020. This recent history shows modest appreciation in a short period, suggesting relative stability in its market segment.
5. Who would this property not suit?
It would likely not suit buyers looking for a move-in-ready home with modern finishes, those who need significant space, or families requiring multiple bedrooms and bathrooms without a renovation plan. The compact living area and project-ready basement require a realistic vision and budget.
