Property score
39.8
Below average
Overall 39.8 · Smaller than most nearby homes
720 sqft (bottom 23%) · Built in 1914 (20 yrs older than avg)
Located in a above-average income area with median household income of ~68.5k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 5 schools, 2 parks, and 1 place of worship nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
20 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
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39.8 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: #46110935
$69K
Median household income
$71K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
25%
Single-person households
25%
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
482 Bowman Avenue — 9 amenities found within 500 m, across 4 categories, including 1 dining (nearest 422 m), 5 education (nearest 462 m), 2 parks (nearest 301 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 48% | Top 46% | Bottom 11% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 47% | Top 45% | Bottom 12% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 7% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 482 Bowman Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, situated on a standard 2,500 sqft lot in the Chalmers neighbourhood. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, with a recent sale price and assessed value consistently around the $20k mark. The home offers basic fundamentals: a 720 sqft living area and an unrenovated basement, but does not include a garage or pool.
The property suits specific buyer profiles. It is a straightforward option for investors or handy homeowners looking for a low-cost asset with renovation potential. Its smaller scale and minimal upkeep also make it a candidate for those seeking extreme simplicity or a placeholder property in the city. A less obvious perspective is its relative stability; while its size is below average for the area, its value has held consistently in recent years, suggesting it occupies a reliable niche in the local market. It may not be for everyone, but it represents a clear, no-frills opportunity.
Frequently Asked Questions
1. What is the true cost of ownership given the unrenovated basement?
While the purchase price is low, buyers should budget for potential upgrades to the basement for livable space or necessary improvements for moisture control and insulation, as it is noted as not being renovated.
2. How does the lack of a garage affect practicality in Winnipeg?
Without a garage, vehicle protection during winter and secure storage will require alternative solutions. This is a significant consideration given the climate and may impact daily convenience and long-term vehicle maintenance costs.
3. The home is over a century old. What should I prioritize in an inspection?
Given its age, a thorough inspection should focus on the foundation, roof, electrical wiring, and plumbing. These core systems are the most critical to assess for safety, functionality, and to avoid major unforeseen expenses.
4. The lot size is average for the street but small city-wide. What does this mean?
The 2,500 sqft lot is typical for Bowman Avenue and Chalmers, offering a standard urban yard space. However, it is significantly smaller than the Winnipeg average, limiting potential for large additions or extensive outdoor amenities compared to newer suburban areas.
5. Has the property's value been stable?
Recent sales show stability, selling for $20.30k in early 2024 and $20.50k in late 2022, a notable increase from its 2019 sale of $11.90k. This suggests a recent plateau at its current price point within its immediate market segment.
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