Property score
54.2
Fair
Overall 54.2 · Newer than most nearby homes
1,027 sqft (top 35%) · Built in 1954 (20 yrs newer than avg)
Located in a average-income area with median household income of ~58.4k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 school, 2 parks, and 1 place of worship nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Above average
20 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
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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
540 Bowman Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 473 m), 1 education (nearest 378 m), 2 parks (nearest 121 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 15% | Top 15% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 540 Bowman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Chalmers presents a practical opportunity with notable strengths. Built in 1954, it is newer than most homes on its street and in the wider neighbourhood, which can suggest updated core systems. The 4,496 sqft lot is a key asset, significantly larger than area averages, offering ample outdoor space and potential. The home itself, at 1,027 sqft, provides comfortable living space for its type, and it features a renovated basement, adding valuable finished area.
Its primary appeal lies in its position as a solid, grounded property within a mature community. The above-average assessed value for the immediate area indicates it is viewed as a strong contributor within its local market context. This property would suit first-time buyers, downsizers, or practical investors looking for a home with a generous yard in an established neighbourhood. It’s a choice for those who value space and a renovated basement over a brand-new build, offering a balance between vintage neighbourhood charm and more modern livability.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The land is a standout feature. At 4,496 sqft, it is in the top 13% on Bowman Avenue and the top 17% in the Chalmers neighbourhood, offering more private outdoor space than most comparable properties.
2. Is the home newer or older than its neighbours?
The 1954 build date is notably newer than the average home on this street (avg. 1935) and in Chalmers (avg. 1934), which can be advantageous for the age and condition of foundational elements.
3. What does the assessed value tell us?
The assessed value is in the top 9% for the Chalmers area, suggesting the property holds strong value relative to its immediate peers. It's important to note this is for municipal taxation and differs from market value.
4. How does the living space compare?
At 1,027 sqft, the living area is above average for the street and on par for the neighbourhood, but below the city-wide average for one-storey homes, confirming this is a comfortable but not oversized family home.
5. What are nearby properties like?
The neighbourhood features a mix of eras, from early 1900s homes to new constructions (like the 2024 build on Jamison Ave.), indicating an area with ongoing investment and a blend of character and renewal.
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