Property score
53.9
Fair
Overall 53.9 · Newer than most nearby homes
928 sqft (top 47%) · Built in 2022 (88 yrs newer than avg)
Located in a average-income area with median household income of ~60.4k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 2 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
88 yrs newer 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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53.9 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
262 Bowman Avenue — 3 amenities found within 500 m, across 2 categories, including 2 parks (nearest 294 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 | Top 3% | Top 2% | Top 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 262 Bowman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2022, offering a move-in-ready opportunity in Winnipeg's Chalmers neighbourhood. Its primary appeal lies in its new construction, which eliminates concerns over major aging systems and provides contemporary living standards. The home features a renovated basement, adding valuable flexible space.
The property suits first-time buyers or downsizers seeking a low-maintenance, modern home without the wait and uncertainty of a new build. It also appeals to value-conscious investors, as its recent sale price and assessed value are notably high for its immediate area, suggesting strong rental demand or redevelopment potential relative to older neighbours.
A less obvious perspective is the lot dynamics. While the living space is compact (928 sq ft), the 2,500 sq ft land parcel is larger than many nearby properties. This presents a unique blend: a new, efficient home on a lot that has above-average space for the street, offering a patio or garden area that newer infill projects often lack.
Section 2: Frequently Asked Questions
1. Is the home truly "new," given it was built in 2022?
Yes, it is essentially a new construction, being only four years old. This means major components like the roof, windows, HVAC, and plumbing are under no threat of near-term replacement, a significant advantage over the neighbourhood's older housing stock.
2. How does the property's value compare to the area?
Its assessed value is in the top 3% for both Bowman Avenue and the wider Chalmers area, indicating it is valued significantly higher than most neighbouring properties. This typically reflects its modern condition and recent construction.
3. What are the implications of having no garage?
This means all parking will be on-street. Buyers should confirm local parking regulations and assess personal comfort with this arrangement, especially during Winnipeg winters.
4. The living area is noted as "below average" citywide. How livable is the space?
At 928 sq ft, the main living area is efficient and comparable to many modern condos or townhomes. Its practicality hinges on the layout and the additional renovated basement space, which effectively expands the usable square footage.
5. Why is the land area noteworthy?
The lot is 2,500 sq ft, which is above the average for Bowman Avenue. For a new home, this is a relative luxury, providing more private outdoor space than typically found in recent infill projects, where lots are often subdivided to their minimum size.
