Property score
34.2
Below average
Overall 34.2 · Smaller than most nearby homes
585 sqft (bottom 4%) · Built in 1913 (21 yrs older than avg)
Located in a above-average income area with median household income of ~65.5k
Transit 76.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 school, and 1 park nearby
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Below average
21 yrs older than neighborhood avg.
Mother tongue
English · 78%Tagalog · 8%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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34.2 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: #46110895
$66K
Median household income
$78K
Average household income
14%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.0
P90 / P10 ratio
29%
Single-person households
21%
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
362 Bowman Avenue — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 487 m), 1 parks (nearest 468 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 12% | Bottom 10% | Bottom 2% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 362 Bowman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1913 on a standard city lot in the Chalmers neighbourhood. Its key characteristic is its modest scale, with a living area of 585 sqft that is notably smaller than most homes on its street and across Winnipeg. The lot size is average for the immediate area, and the home has a detached garage.
The primary appeal lies in its affordability and land value. With a very low assessed value and a last recorded sale price of $12,600 in 2019, it represents one of the most accessible entry points into homeownership in the city. This isn't a move-in-ready family home, but a property with potential. It would suit a specific type of buyer: an investor looking for a land-value play or a very hands-on, budget-conscious buyer willing to undertake a significant renovation or rebuild. The numbers suggest the value is primarily in the land, making it a candidate for a teardown or a major expansion project for someone seeking to customize their own space from the ground up.
Section 2: Frequently Asked Questions
1. Is this a liveable home in its current condition?
Based on the very small living area (585 sqft) and low assessed value, it is likely a very basic or dated property. Prospective buyers should budget for significant updates or a full rebuild and plan for a thorough inspection.
2. Why is the assessed value so much lower than other homes?
The assessed value reflects the property's current state. The combination of a very small, 113-year-old house on a standard lot results in a valuation driven largely by the land value rather than the structure.
3. Who would this property be best for?
It's best suited for an investor or a hands-on owner. An investor might hold it for the land value or develop it. An owner-user would need to see it as a long-term project, either planning a major renovation to expand the living space or considering a future rebuild.
4. How does the lot size compare?
The lot is 2,638 sqft, which is around average for Bowman Avenue but below the average for both the Chalmers neighbourhood and Winnipeg as a whole. It is a standard city lot, not an unusually large or small parcel.
5. The last sale price was $12,600 in 2019. What does that indicate?
This exceptionally low sale price strongly indicates the property was sold in as-is condition, likely requiring substantial work. It is not indicative of current area prices for standard, liveable homes, as shown by the higher assessed values of nearby reference properties.
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