Central St. Boniface, Winnipeg
Property score
82.3
Excellent
Overall 82.3 · Larger and newer than most nearby homes
1,928 sqft (top 10%) · Built in 2020 (81 yrs newer than avg)
Located in a above-average income area with median household income of ~64k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 shop, and 1 park nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Above average
81 yrs newer than neighborhood avg.
Mother tongue
English · 50%French · 24%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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82.3 is composed by the two sections below.
Property Score
Community Score
Central St. Boniface
How to read: Share of sales in each ~$50k price band for “central st. boniface” (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: #46110548
$64K
Median household income
$71K
Average household income
20%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.2
P90 / P10 ratio
46%
Single-person households
15%
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
1-427 St Jean Baptiste Street — 10 amenities found within 500 m, across 7 categories, including 2 dining (nearest 341 m), 3 education (nearest 255 m), 1 shopping (nearest 405 m).
Central St. Boniface · WPS public data · 2026
Annual incidents
64
2026
vs. city avg
+117%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
55%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 2% | Top 1% | Top 1% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 2% | Top 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home at 1-427 St Jean Baptiste Street in Central St. Boniface presents a compelling mix of modern convenience and established neighbourhood character. Built in 2020, it is a notably new construction in an area dominated by heritage homes, offering a move-in-ready experience without the typical renovation projects of the neighbourhood. Its appeal lies in this balance: a contemporary, low-maintenance home set on a generous, average-sized lot within a historic and vibrant community. The 1,928 sqft living area is spacious for the area, and the home features a renovated basement.
The property suits buyers looking for modern finishes and systems in a walkable, culturally rich neighbourhood. It’s ideal for those who appreciate St. Boniface’s atmosphere but prefer the peace of mind and energy efficiency of a new build. The significant appreciation from its 2020 sale price to its 2022 sale price of $860,000 also suggests it attracts buyers viewing it as a premium, long-term investment in a high-demand location.
Key Details & FAQs
Frequently Asked Questions
Is this a good investment given its recent sale history?
The home sold for $71,400 in late 2020 and then for $860,000 in August 2022. This indicates very strong short-term appreciation, likely reflecting the value of constructing a new home in the area. Buyers should consult with a local agent to understand current market conditions, but its history shows it is positioned as a premium property.
How does the lack of a garage affect daily living in this location?
While the property has no garage, its location in dense, walkable St. Boniface means many amenities are close by. Buyers should assess on-street parking availability and consider the trade-off: the lot space is used for the home and yard rather than a vehicle shelter, which may align with an urban lifestyle.
Why is the assessed value so much lower than the sale price?
The assessed value for tax purposes ($69,500) is not a market valuation. In Manitoba, assessments are based on a mass appraisal system and can lag significantly behind rapid market changes, especially for a unique, new property in an older neighbourhood.
What does it mean that this is a new home in an old neighbourhood?
You benefit from modern construction standards, floor plans, and efficiency, but your immediate streetscape will consist of older, character homes. This can be a great blend but it’s wise to ensure the home’s style and lot use fit comfortably within the community’s aesthetic.
Are the property taxes likely to increase?
Given the large discrepancy between the recent sale price and the current assessed value, a future property tax reassessment is probable, which would lead to higher taxes. Budgeting for this increase is advisable.
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