Central St. Boniface, Winnipeg
Property score
52.0
Fair
Overall 52.0 · Smaller but newer than most nearby homes
703 sqft (bottom 6%) · Built in 1986 (47 yrs newer than avg)
Located in a above-average income area with median household income of ~64k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 4 schools, 2 parks, and 1 sports facility nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Above average
47 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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52.0 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
262 Hamel Avenue — 10 amenities found within 500 m, across 5 categories, including 2 dining (nearest 220 m), 4 education (nearest 173 m), 2 parks (nearest 398 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 | Bottom 43% | Bottom 20% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 262 Hamel Avenue, Winnipeg
Key Characteristics & Appeal
This 1986 bi-level home at 262 Hamel Avenue in Central St. Boniface presents a specific and compelling value proposition. Its key characteristic is its modest scale, featuring a 703 sqft living area and a 2,782 sqft lot, both of which are notably smaller than area averages. This is balanced by a renovated basement and a detached garage. The home’s primary appeal lies in its efficiency and relative modernity within a historic neighbourhood—it is a much newer construction than most homes on its street and in St. Boniface overall. The below-average assessed and recent sale prices point directly to its accessibility.
This property would suit a pragmatic first-time buyer or an investor seeking an entry point into a desirable central neighbourhood without a premium price tag. It’s also a potential fit for those seeking a low-maintenance footprint or a strategic land holding, given the lot, while smaller than others, offers development potential subject to zoning. The renovated basement adds functional living space, making the compact main floor more manageable.
Frequently Asked Questions
1. Is the home unusually small for the area?
Yes. The living area is 703 sqft, ranking it in the bottom 5-6% for size compared to nearby homes. This is the defining feature of the property and is reflected in its pricing.
2. What does "above average for year built" mean here?
Most homes in Central St. Boniface are much older, averaging from the late 1930s. Built in 1986, this bi-level is a relatively modern structure in the context of the neighbourhood, which may mean fewer concerns associated with very aged plumbing, wiring, or foundations.
3. How should I interpret the assessed value versus the sale price?
The property last sold in September 2020 for $22,500, which was below its then-assessed value of $25,500. This discrepancy can be common for unique, smaller properties and underscores the importance of a current market evaluation rather than relying on older administrative assessments.
4. Who might this property not suit?
It is likely not a fit for buyers needing multiple bedrooms, ample storage, or large indoor and outdoor family spaces. The compact size is a trade-off for the location and price.
5. What is the potential here beyond just a home?
The combination of a newer structure on a serviced lot in a central location could be of interest for future redevelopment (e.g., building a new, larger home), making it a potential long-term hold. The current dwelling offers an affordable way to secure the location while planning for the future.
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