Property score
54.2
Fair
Overall 54.2 · Newer than most nearby homes
1,026 sqft (top 35%) · Built in 1955 (21 yrs newer 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, 2 schools, 2 parks, and 1 place of worship nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Above average
21 yrs newer than neighborhood avg.
Mother tongue
English · 75%Tagalog · 6%
Past 10 years Chalmers sales snapshot (~80% of all data)
1,193
206.3k
$226/sqft
1934
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
54.2 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: #46110934
$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
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
532 Bowman Avenue — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 461 m), 2 education (nearest 396 m), 2 parks (nearest 146 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 35% | Top 32% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 532 Bowman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Chalmers presents a solid, no-fuss opportunity. Its primary appeal lies in a desirable combination of above-average land size and a recently renovated basement, all at a very accessible price point. With 4,495 sqft of land, the lot is notably larger than most in the immediate area and neighbourhood, offering valuable outdoor space and potential. The home itself, built in 1955, is newer than many neighbouring houses, and the 1,026 sqft living area is spacious for the local market.
The property suits practical buyers looking for value and foundation over flash. It’s ideal for a first-time homeowner who prioritizes yard space and the flexibility a renovated basement provides, whether for extra living area, a rental suite, or a workshop. Investors may also see appeal in its below-city-average assessed value and the stability of the Chalmers area. A less obvious strength is its "middle-ground" position: it offers more modern amenities than many century-old homes nearby, without the premium price of a brand-new build, making it a comfortable and strategic entry into the market.
Section 2: Frequently Asked Questions
Q: How does the property’s value compare to the area?
A: The home’s assessed value is above average for both Bowman Avenue and the wider Chalmers neighbourhood, but it remains significantly below the Winnipeg city average. This suggests a strong value proposition within its specific, well-established community.
Q: What is the significance of the lot size?
A: At 4,495 sqft, the lot is in the top 17% for size in Chalmers. This is a key asset, providing more private outdoor space than typical and greater potential for additions, landscaping, or gardening compared to tighter lots.
Q: The home was built in 1955. What should I consider?
A: While newer than many area homes (ranking in the top 22% on its street for year built), a 1955 home will still require due diligence on major systems like roofing, plumbing, and electrical. The renovated basement is a positive update, but the condition of the main structure should be verified.
Q: Who are the typical neighbours?
A: The nearby properties on Bowman Avenue are a mix of early 20th-century and mid-century homes, indicating a mature, stable streetscape. The comparison list shows a range of home ages and sizes in Chalmers, from 1909 to 2024, reflecting a diverse community.
Q: Is the detached garage a standard feature here?
A: The presence of a detached garage is a noted feature. In neighbourhoods with older housing stock, garages are not always guaranteed, so this adds functional utility for vehicle storage or as a workspace.
