398 Moray Street

Booth, Winnipeg

Property score

69.3

Good

Overall 69.3 · Smaller and older than most nearby homes

1,179 sqft (bottom 29%) · Built in 1960 (2 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 92.0 · 5-min walk to transit with 5 nearby routes · Within 500m: 3 dining spots, 2 schools, and 1 park nearby

Living Area

Below average

16% smaller than neighborhood avg.

Year Built

Below average

2 yrs older than neighborhood avg.

Mother tongue

English · 82%Chinese · 2%

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

Sold Count

358

Median price

427.6k

$/sqft

$303/sqft

Avg build year

1962

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Property score

69.3 is composed by the two sections below.

Property Score

62.0Fair
Living Area1,179 sqft60Fair
Year Built196043Low
Lot Size7,684 sqft91Excellent
Neighbourhood Sales Activity75Good

Community Score

80.2Excellent
Household Income85Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

Booth

How to read: Share of sales in each ~$50k price band for “booth” (Detached houses (non-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: #46110276

Community deep dive

$102K

Median household income

$95K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

18%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)555
Labour force participation rate64%
Median age44.8
Avg household size2.5
Unemployment rate7%
Population density2413 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households18%
Couple families with children27%
Median household income (2020)$102K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority17%
Bachelor's or higher (25–64)31%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Chinese · 1%

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

Rankings

Living Area

around average
1,179 sqft
0255075100
Same streetBottom 33%Same areaBottom 29%CitywideBottom 48%
Same street · Moray Street
#70 / 104
Bottom 33% · Avg 1,303 sqft
Same area · Booth
#717 / 1,011
Bottom 29% · Avg 1,408 sqft
Citywide · Winnipeg
#101,652 / 194,458
Bottom 48% · Avg 1,342 sqft

Tax-Assessed Value

around average
337k
0255075100
Same streetBottom 46%Same areaBottom 31%CitywideBottom 42%
Same street · Moray Street
#56 / 104
Bottom 46% · Avg 353.1k
Same area · Booth
#702 / 1,011
Bottom 31% · Avg 371.4k
Citywide · Winnipeg
#113,671 / 194,458
Bottom 42% · Avg 390.1k

Year Built

above average
1960
0255075100
Same streetTop 13%Same areaBottom 24%CitywideBottom 42%

Lot Size

above average
7,684 sqft
0255075100
Same streetTop 33%Same areaTop 35%CitywideTop 13%

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

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

398 Moray Street — 6 amenities found within 500 m, across 3 categories, including 3 dining (nearest 453 m), 2 education (nearest 231 m), 1 parks (nearest 68 m).

Search radius
🍽️Dining3
🏫Education2
🌳Parks1

Crime & Safety

Booth · WPS public data · 2026

Annual incidents

26

2026

vs. city avg

-12%

relative to avg

Year-over-year

-93%

vs. prior year

Primary type

Property

58%

Full crime data for Booth →Winnipeg crime overview →

Sales History

Sold 8/2016CA$250k–300k
Sold price

Same street

Bottom 21%

Same area

Bottom 19%

City-wide

Bottom 34%

Related homes

Highlights & common questions: 398 Moray Street, Winnipeg

Property Overview

This well-situated one-storey home in Winnipeg's Booth neighbourhood presents a solid opportunity for a range of buyers. Its primary appeal lies in the combination of a generous, above-average lot size and a home that has seen key updates, offering a balance of space and move-in readiness.

Key Characteristics & Appeal

The standout feature is the land itself. At over 7,600 square feet, the lot is significantly larger than most in the area, ranking in the top third for size on its street. This provides ample outdoor space for gardening, play, or future expansion—a valuable asset that is increasingly rare. The home benefits from a renovated basement, adding functional living space. While the house was built in 1960, its assessed value is firmly in the middle range for the city, suggesting it is well-maintained and in line with market expectations.

This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space. It also appeals to the practical investor or homeowner who values a larger parcel of land over a newer or larger house, seeing the long-term potential in the lot itself. A less obvious perspective is its appeal to those who prioritize stability; its value metrics are consistently median-to-above for the area, indicating a property that holds its ground without the volatility of being over-improved for the neighbourhood.


Frequently Asked Questions

Q: How does the lot size compare to a typical city lot?
A: At 7,684 sqft, it is substantially larger than many standard urban lots. This extra outdoor space is a key advantage of this property.

Q: What does "renovated basement" imply?
A: It indicates the basement has been updated, likely creating finished living space. Buyers should inquire about the scope of renovations, permits, and the basement's intended use (e.g., recreation room, rental suite potential).

Q: The home was last sold in 2016. Should I be concerned?
A: Not necessarily. The sale eight years ago at a price significantly below the current assessed value suggests the sellers have likely realized solid equity growth, which is a positive market indicator.

Q: The year built is 1960. What should I budget for?
A: While the basement is renovated, a home of this age may require updates to original major systems like roofing, plumbing, or windows. A thorough inspection is essential to prioritize any future investments.

Q: The rankings show it's "Top 87%" for year built on its street. What does that mean?
A: This statistic means the home is newer than 87% of houses on Moray Street. In this context, it's actually a positive, indicating it's one of the more recently built homes in an established neighbourhood.

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