507 Bowman Avenue

Chalmers, Winnipeg

Property score

36.9

Below average

Overall 36.9 · Smaller than most nearby homes

608 sqft (bottom 6%) · Built in 1931 (3 yrs older than avg)

Located in a average-income area with median household income of ~58.4k

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

Below average

36% smaller than neighborhood avg.

Taon ng Paggawa

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 75%Tagalog · 6%

Past 10 years Chalmers sales snapshot (~80% of all data)

Sold Count

1,193

Median price

206.3k

$/sqft

$226/sqft

Avg build year

1934

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Property score

36.9 is composed by the two sections below.

Property Score

20.7Low
Living Area608 sqft15Low
Taon ng Paggawa193122Low
Lupa2,947 sqft28Low
Neighbourhood Sales Activity61Fair

Community Score

61.3Fair
Household Income62Fair
Education Level34Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

Istatistika ng benta ng komunidad

Chalmers

How to read: Share of sales in each ~$50k price band for “chalmers” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110934

Community deep dive

$58K

Median household income

$73K

Average household income

20%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

39%

Single-person households

16%

Families with children

Population, labour & age

Population (2021)583
Labour force participation rate69%
Median age37.6
Avg household size2.2
Unemployment rate6%
Population density1325 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households39%
Couple families with children16%
Median household income (2020)$58K

Housing

Renter households20%
Condominium dwellings0%
Median dwelling value (owners)$214K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority34%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

mas mababa sa average
608 sqft
0255075100
Same streetBottom 8%Same areaBottom 6%CitywideBottom 1%
Same street · Bowman Avenue
#199 / 217
Bottom 8% · Avg 897 sqft
Same area · Chalmers
#2,638 / 2,815
Bottom 6% · Avg 953 sqft
Citywide · Winnipeg
#192,637 / 194,458
Bottom 1% · Avg 1,342 sqft

Assessed Value

karaniwan
189k
0255075100
Same streetBottom 47%Same areaBottom 42%CitywideBottom 7%
Same street · Bowman Avenue
#115 / 217
Bottom 47% · Avg 205.1k
Same area · Chalmers
#1,642 / 2,815
Bottom 42% · Avg 210.8k
Citywide · Winnipeg
#181,236 / 194,458
Bottom 7% · Avg 390.1k

Taon ng Paggawa

karaniwan
1931
0255075100
Same streetTop 34%Same areaTop 37%CitywideBottom 18%

Lupa

karaniwan
2,947 sqft
0255075100
Same streetTop 36%Same areaBottom 39%CitywideBottom 9%

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.

Transit & Walkability

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

507 Bowman Avenue — 10 amenities found within 500 m, across 4 categories, including 1 dining (nearest 480 m), 6 education (nearest 430 m), 2 parks (nearest 232 m).

Search radius
🍽️Dining1
🏫Education6
🌳Parks2
Worship1

Crime & Safety

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%

Kasaysayan ng Benta

Naibenta 3/2021CA$150k–200k
Presyo ng benta

Parehong kalye

Bottom 45%

Parehong lugar

Bottom 44%

Buong lungsod

Bottom 9%
Naibenta 5/2017CA$100k–150k
Presyo ng benta

Parehong kalye

Bottom 6%

Parehong lugar

Bottom 5%

Buong lungsod

Bottom 1%

Related homes

Mga tampok at karaniwang tanong: 507 Bowman Avenue, Winnipeg

Property Overview: 507 Bowman Avenue

Key Characteristics & Buyer Appeal

This is a modest, one-storey home built in 1931 on a standard city lot in the Chalmers neighbourhood. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, particularly for a land-owning property with a detached garage. The home itself is compact at 608 sq ft with an unrenovated basement, presenting it as a classic "starter home" or a hands-on project.

The data reveals a nuanced story. While the living space is significantly below average for the area, the lot size and assessed value are squarely typical for Bowman Avenue and Chalmers. This suggests the property's value is anchored in its land and location rather than its current structure. It would best suit a first-time buyer comfortable with a smaller footprint, an investor looking for a rental property, or a buyer with a long-term vision who values the potential to expand or rebuild on a well-situated lot. Its recent sale history indicates a market that has recognized this underlying value.

Frequently Asked Questions

1. Is the house in livable condition?
The listing notes the basement is "not renovated," which suggests the home likely requires updates and general maintenance. A thorough inspection would be essential to understand the full scope of work needed for comfortable modern living.

2. Why is the living area so much smaller than nearby homes?
At 608 sq ft, this is a notably compact home for the area. This is characteristic of many older, working-class houses built in the early 20th century, designed for essential living without the open layouts and room sizes common in newer builds.

3. What does the assessed value versus sale price tell us?
The City's assessed value is significantly lower than the recent sale price. This is common, as assessed values for tax purposes often lag behind market values. The sale price reflects what buyers are currently willing to pay for the property's combination of land, location, and potential.

4. Is there potential for future expansion or rebuilding?
Given the home's smaller size and the fact the lot is a standard city dimension, there is likely potential to expand the existing structure or, in the long term, consider rebuilding. This would be subject to local zoning bylaws and would require proper permits.

5. How does the 2021 sale price compare to the neighbourhood?
The 2021 sale price of $190k was ranked "around average" for both Bowman Avenue and the wider Chalmers neighbourhood. This indicates the price was competitive and aligned with area norms at that time, not an outlier.

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