Property score
35.0
Below average
Overall 35.0 · Smaller than most nearby homes
616 sqft (bottom 7%) · Built in 1913 (21 yrs older than avg)
Located in a average-income area with median household income of ~60.4k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Below average
35% 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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35.0 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
255 Bowman Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 337 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 2% | 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 255 Bowman Avenue in Winnipeg's Chalmers neighbourhood is a property defined by its land and potential. Built in 1913, its key characteristic is a 3,003 sqft lot that is notably larger than most city lots, ranking in the top third for size on its own street. The house itself is modest, with 616 sqft of living space and an unrenovated basement, and it does not include a garage or pool.
The primary appeal lies in its value as a land play or a foundational project. The sizable lot offers room for expansion, gardening, or future outdoor amenities in a well-established area. With a very low assessed value and a last recorded sale price of $8,500 in 2019, it presents an exceptionally low entry point into the market. This property would suit a hands-on buyer looking for a blank-canvas investment, such as a builder, an investor planning a hold-and-develop strategy, or a DIY homeowner with the vision and budget to renovate or rebuild over time. It is less suited for those seeking a move-in-ready home or conventional amenities.
Frequently Asked Questions
1. What is the true condition of the home?
The listing notes an unrenovated basement, and given the home's age (1913) and very small living area, buyers should budget for significant updates or assume the value is primarily in the land. A thorough inspection is essential.
2. Why is the assessed value so much higher than the last sale price?
The last sale in 2019 was at a very low price point, likely reflecting the home's condition. The current assessed value, while still low for the city, may better represent the municipal valuation of the property, which heavily considers the lot size and location.
3. What are the possibilities for expanding or rebuilding on the lot?
The lot size is a major asset. Buyers should consult directly with the City of Winnipeg’s planning department to understand zoning bylaws, setback requirements, and the feasibility of building an addition or a new structure.
4. How does the property rank compared to others?
The data shows a mix: its lot size is above average for the street, but its living space is well below average in every category (street, neighbourhood, and city). This highlights the property's profile as a land-strong holding with a very small existing footprint.
5. Is this a good investment for a first-time buyer?
It could be, but with major caveats. The low cost provides a unique entry opportunity, but the potential for immediate, high-cost repairs is significant. It is best for a first-time buyer who is financially prepared for a project, values outdoor space over indoor square footage, and has a long-term improvement plan.
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