Property score
56.7
Fair
Overall 56.7 · Newer than most nearby homes
921 sqft (top 47%) · Built in 2017 (83 yrs newer 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, 6 schools, 2 parks, and 1 place of worship nearby
Living Area
Near average
3% smaller than neighborhood avg.
Year Built
Above average
83 yrs newer 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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56.7 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
483 Bowman Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 468 m), 6 education (nearest 417 m), 2 parks (nearest 311 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 6% | Top 9% | Bottom 36% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 483 Bowman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 483 Bowman Avenue in Chalmers presents a compelling mix of modern convenience and practical living. Its key characteristic is its newer construction, built in 2017, which places it in the top 5% of homes city-wide for age. This means buyers can expect contemporary building standards, newer major systems, and minimal immediate maintenance. The home features a renovated basement and a detached garage, and offers a comfortable 921 sqft of living space, which is typical for the immediate area.
The appeal lies in its strong value proposition within its local context. While the living area is modest by city-wide standards, the property holds an "Elite" assessed value ranking for its street and neighbourhood, suggesting it is perceived as a premium offering in the Chalmers area. The lot size of 2,500 sqft is manageable, offering outdoor space without the burden of extensive upkeep.
This property would best suit first-time homebuyers, downsizers, or pragmatic investors seeking a modern, low-maintenance home in a well-established neighbourhood. It’s ideal for those who prioritize newer construction and solid value retention over having a larger footprint. A thoughtful perspective is that this home represents an efficient use of space and capital—it’s a newer asset in a mature neighbourhood, offering a balance between modern comforts and community stability.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean for this home?
It indicates that, compared to similar properties on its street and in the Chalmers neighbourhood, this home has one of the highest municipal assessments (top 5%). This often reflects its newer construction and renovated condition relative to its immediate peers.
2. Is the living space sufficient for a small family?
At 921 sqft, the living area is around average for the local area but below the city-wide average. The bi-level layout and renovated basement can help maximize usable space, making it a functional option for a small family or couple, though those needing multiple large bedrooms or dedicated living areas may find it compact.
3. How does the 2017 build year impact insurance or utilities?
Newer construction typically means modern electrical, plumbing, and insulation standards. This can lead to lower utility costs and potentially more favourable home insurance premiums due to reduced risk, which is a significant, less obvious financial benefit.
4. The lot is smaller than the city average. Is that a drawback?
The 2,500 sqft lot is manageable and common for the area. For the target buyer, this is often an advantage: it requires less maintenance than a larger lot while still providing private outdoor space, aligning with a desire for a simpler lifestyle.
5. Why is the last sale price from 2017, and what does that mean?
The home was last sold when it was newly built. The lack of recent resale data means its current market price isn't directly benchmarked by a recent transaction. Its value should be evaluated based on its current condition, recent assessments, and comparable nearby sales, not the 2017 price.
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