54.2
Fair
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
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
544 Bowman Avenue — 5 amenities found within 500 m, across 4 categories, including 1 dining (nearest 479 m), 1 education (nearest 369 m), 2 parks (nearest 108 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 16% | Top 16% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This one-storey home on Bowman Avenue presents a straightforward opportunity in Winnipeg's Chalmers neighbourhood. Built in 1954, it sits on a notably spacious lot that is larger than most in the immediate area. The house itself offers over 1,000 square feet of living space, which is comfortable for the street and neighbourhood. Key features include a detached garage and a basement, which is noted as being unrenovated. The property recently sold in September 2024.
Its primary appeal lies in its land value and location within a stable, established community. The lot size is a significant asset, offering ample outdoor space and future potential that is increasingly rare. The home suits practical buyers looking for an entry point into homeownership, or investors seeking a property with a strong land component. It’s ideal for someone comfortable with a home that may require updates, viewing the existing structure as a solid foundation rather than a finished product. A thoughtful perspective is that its above-average metrics for the street suggest it's a comparatively strong performer in its immediate micro-market, which can be a stabilizing factor.
1. What is the true value proposition here?
The value is anchored in the land. The lot is substantially larger than the neighbourhood average, which often drives long-term value and redevelopment potential more than the current structure.
2. What does "basement, not renovated" typically imply?
It means the basement is functional but in original or utilitarian condition. Buyers should budget for potential updates and consider it a blank canvas, but also factor in inspections for a home of this age.
3. How does the assessed value compare to the sale price?
The property sold for $26.5k, slightly above its $24.6k assessed value. This is common, but the key takeaway is that both figures are significantly below the Winnipeg city average, highlighting the area's affordability.
4. Who would this property not suit?
It would not suit buyers seeking a modern, turn-key home or those unwilling to consider future renovations. The living space is also below the city average, so those needing substantial room may find it limiting.
5. What can nearby property sales tell us?
Recent sales on the same street show a wide range of values, from $12.5k to $40.9k, often tied to lot size, condition, and year built. This suggests a neighbourhood in transition where each property's specific attributes heavily influence its price.
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