1-448 Valade Street

Central St. Boniface, Winnipeg

Property score

73.1

Good

Overall 73.1 · Larger and newer than most nearby homes

1,666 sqft (top 18%) · Built in 2021 (82 yrs newer than avg)

Located in a above-average income area with median household income of ~63.6k

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 schools, 4 healthcare facilitys, 1 shop, and 5 parks nearby

Living Area

Above average

30% larger than neighborhood avg.

Year Built

Above average

82 yrs newer than neighborhood avg.

Mother tongue

English · 63%French · 18%

Past 10 years Central St. Boniface sales snapshot (~80% of all data)

Sold Count

407

Median price

293k

$/sqft

$337/sqft

Avg build year

1939

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Property score

73.1 is composed by the two sections below.

Property Score

80.6Excellent
Living Area83
1,666 sqftExcellent
Year Built100
2021Excellent
Lot Size46
3,641 sqftLow
Neighbourhood Sales Activity78
Good

Community Score

61.8Fair
Household Income66
Good
Education Level63
Fair
Housing Stress52
Fair
Core Housing Need50
Fair
Employment Health60
Fair

Neighbourhood Sales

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.

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: #46110551

Community deep dive

$64K

Median household income

$77K

Average household income

19%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

28%

Single-person households

17%

Families with children

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age32.8
Avg household size2.3
Unemployment rate7%
Population density3453 / km²

Households & income

Low income (LIM-AT, % pop.)19%
Single-person households28%
Couple families with children17%
Median household income (2020)$64K

Housing

Renter households43%
Condominium dwellings17%
Median dwelling value (owners)$310K

Diversity, education & language

Immigrants (share of pop.)7%
Visible minority28%
Bachelor's or higher (25–64)34%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 17%

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

Rankings

Living Area

above average
1,666 sqft
0255075100
Same streetTop 33%Same areaTop 18%CitywideTop 22%
Same street · Valade Street
#5 / 15
Top 33% · Avg 1,495 sqft
Same area · Central St. Boniface
#189 / 1,058
Top 18% · Avg 1,284 sqft
Citywide · Winnipeg
#43,410 / 194,458
Top 22% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.26M
0255075100
Same streetTop 7%Same areaTop 1%CitywideTop 1%
Same street · Valade Street
#1 / 15
Top 7% · Avg 433.1k
Same area · Central St. Boniface
#2 / 1,058
Top 1% · Avg 347.1k
Citywide · Winnipeg
#901 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2021
0255075100
Same streetTop 7%Same areaTop 1%CitywideTop 2%

Lot Size

above average
3,641 sqft
0255075100
Same streetTop 20%Same areaBottom 30%CitywideBottom 21%

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

1-448 Valade Street — 13 amenities found within 500 m, across 5 categories, including 2 education (nearest 259 m), 4 healthcare (nearest 209 m), 1 shopping (nearest 411 m).

Search radius
🏫Education2
🏥Healthcare4
🛒Shopping1
🌳Parks5
Worship1

Crime & Safety

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%

Sales History

Sold 9/2017CA$200k–250k
Sold price

Same street

Bottom 1%

Same area

Bottom 20%

City-wide

Bottom 16%

Related homes

Highlights & common questions: 1-448 Valade Street, Winnipeg

Property Summary: 1-448 Valade Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a distinctive, modern two-and-a-half storey home built in 2021, offering a rare combination of new construction within the established, historic Central St. Boniface neighbourhood. Its key appeal lies in this contrast: you get a contemporary, low-maintenance living space without sacrificing the character and convenience of a mature, central community.

The home features a renovated basement and a detached garage on a 3,641 sqft lot. With 1,666 sqft of living space, it is notably larger than most homes in both the neighbourhood and city-wide. The statistics are compelling: its Year Built and Assessed Value rank in the top 1-2% for the area, indicating a property that stands out significantly from its peers in terms of modernity and valuation.

This property would ideally suit buyers who want a turn-key, newer home but are drawn to the authenticity and roots of St. Boniface, rather than a suburban subdivision. It’s also a strong match for those who value above-average interior space and who see the detached garage as a key asset for vehicles, storage, or a workshop. The high assessed value suggests it appeals to buyers looking for a long-term investment in a premier inner-city location.

Section 2: Frequently Asked Questions

1. How does a 2021 home fit into St. Boniface?
It represents a thoughtful infill development, replacing an older property. This allows you to enjoy modern building standards, energy efficiency, and contemporary layouts while being steps away from the area's historic landmarks, cafes, and the Provencher Bridge.

2. The assessed value seems high compared to the last sale price. Why?
The property last sold in 2017 for $22,500, which was likely for the old structure or vacant land. The current $1.26M assessment reflects the complete value of the new, substantial home built in 2021, aligning it with other high-end properties in Winnipeg.

3. Is the lot size a pro or a con?
It depends on your priorities. The lot is above average for Valade Street itself, providing good outdoor space for a central location. However, it is below the city-wide average. This is typical for desirable, established neighbourhoods and means less yard maintenance but also defines the home's urban, community-focused setting.

4. What does the "Elite" ranking for Year Built really mean?
In practical terms, it means major components like the roof, windows, furnace, and appliances are under 5 years old. You can expect significantly lower immediate repair costs and higher energy efficiency compared to the neighbourhood's average home, which is nearly a century old.

5. Who might this home not suit?
Buyers seeking a very large yard or those who prefer the uniform streetscape of a brand-new development might find it less ideal. Similarly, if your priority is purchasing a home below area-average pricing, this premium, modern property may not align with that goal.