Property score
34.1
Below average
Overall 34.1 · Smaller than most nearby homes
603 sqft (bottom 6%) · Built in 1914 (20 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 2 place of worships nearby
Living Area
Below average
37% smaller than neighborhood avg.
Year Built
Near average
20 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
34.1 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
240 Bowman Avenue — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 491 m), 2 parks (nearest 292 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 1% | Bottom 1% | Bottom 1% |
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 240 Bowman Avenue is a compact, century-old property on a standard city lot in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its position as an affordable entry point into the housing market, particularly for land value. The 603 sqft living area is notably modest, ranking well below average for the street, area, and city. The home has a basement (unrenovated) and no garage. Its last recorded sale was in 2016 for $8,300, and its current assessed value is $12,800, which is significantly below city averages. This property would suit a very budget-conscious buyer, such as an investor looking for a land-hold, a hands-on renovator seeking a minimal initial investment, or someone prioritizing absolute lowest cost over living space. Its older age (built in 1914) suggests potential character but also implies a need for thorough inspection regarding systems and maintenance.
Frequently Asked Questions
1. What is the main draw of this property?
The main draw is its low cost. With an assessed value far below the city average, it represents one of the most accessible price points in the Winnipeg market, making homeownership attainable for a very limited budget.
2. Is this a move-in ready home?
Based on the details, likely not. The listing specifies an unrenovated basement, the home is 112 years old, and the living space is very small. Buyers should anticipate needing updates and repairs, and budget accordingly for a thorough inspection.
3. Who would this property not suit?
It would not suit buyers needing move-in readiness, families or individuals requiring more than minimal living space, or anyone unable to handle potential renovation projects and maintenance associated with a century-old home.
4. The land is noted as "around average" for the street. Is that a positive?
Yes, in context. While the house itself is small, the 2,500 sqft lot is typical for Bowman Avenue. This means the property isn't undersized for its location, and the land itself may hold a proportionally higher share of the property's value.
5. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's very small living area, older age, and likely its condition and market position. It is assessed in line with similar, low-value properties in the Chalmers area, not the broader Winnipeg market which includes newer and larger homes.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
