292 Hamel Avenue

Central St. Boniface, Winnipeg

Property score

45.9

Below average

Overall 45.9 · Smaller than most nearby homes

720 sqft (bottom 10%) · Built in 1929 (10 yrs older than avg)

Located in a above-average income area with median household income of ~64k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 5 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

44% smaller than neighborhood avg.

Year Built

Near average

10 yrs older than neighborhood avg.

Mother tongue

English · 50%French · 24%

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

45.9 is composed by the two sections below.

Property Score

26.8Low
Living Area720 sqft22Low
Year Built192920Low
Lot Size3,086 sqft38Low
Neighbourhood Sales Activity78Good

Community Score

74.6Good
Household Income66Good
Education Level91Excellent
Housing Stress63Fair
Core Housing Need88Excellent
Employment Health83Excellent

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: #46110548

Community deep dive

$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

Population, labour & age

Population (2021)450
Labour force participation rate71%
Median age32.0
Avg household size2.0
Unemployment rate4%
Population density6428 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households46%
Couple families with children15%
Median household income (2020)$64K

Housing

Renter households67%
Condominium dwellings4%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority26%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 50%
Mother tongue (2nd)French · 24%

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

Rankings

Living Area

below average
720 sqft
0255075100
Same streetBottom 16%Same areaBottom 10%CitywideBottom 5%
Same street · Hamel Avenue
#21 / 25
Bottom 16% · Avg 1,248 sqft
Same area · Central St. Boniface
#953 / 1,058
Bottom 10% · Avg 1,284 sqft
Citywide · Winnipeg
#184,672 / 194,458
Bottom 5% · Avg 1,342 sqft

Tax-Assessed Value

below average
274k
0255075100
Same streetBottom 24%Same areaBottom 28%CitywideBottom 23%
Same street · Hamel Avenue
#19 / 25
Bottom 24% · Avg 323.5k
Same area · Central St. Boniface
#767 / 1,058
Bottom 28% · Avg 347.1k
Citywide · Winnipeg
#150,265 / 194,458
Bottom 23% · Avg 390.1k

Year Built

around average
1929
0255075100
Same streetTop 40%Same areaBottom 44%CitywideBottom 17%

Lot Size

around average
3,086 sqft
0255075100
Same streetBottom 36%Same areaBottom 14%CitywideBottom 14%

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

292 Hamel Avenue — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 269 m), 5 education (nearest 292 m), 2 parks (nearest 427 m).

Search radius
🍽️Dining2
🏫Education5
🌳Parks2
💪Sports1
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 11/2022CA$250k–300k
Sold price

Same street

Top 29%

Same area

Bottom 34%

City-wide

Bottom 29%
Sold 4/2017CA$200k–250k
Sold price

Same street

Bottom 14%

Same area

Bottom 13%

City-wide

Bottom 13%

Related homes

Highlights & common questions: 292 Hamel Avenue, Winnipeg

Property Overview: 292 Hamel Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1929 on a standard city lot in Central St. Boniface. Its key feature is a renovated basement, adding valuable functional space to the 720 sqft main-floor living area. The property has no garage or pool.

The primary appeal lies in its location within a historic and vibrant neighbourhood, combined with its efficient, low-maintenance footprint. The lot size (3,086 sqft) is typical for the immediate street and offers manageable outdoor space. Market data indicates the home’s assessed value and recent sale price are consistently below average for the area, suggesting a potentially accessible entry point into the St. Boniface market.

This home would suit first-time buyers, downsizers, or investors seeking a character-home location without the scale and upkeep of a larger property. It’s for those who prioritize neighbourhood vibe over interior square footage and see potential in a home where the basement has already been modernized. A thoughtful perspective is that its smaller size and below-average price metrics could represent a strategic opportunity in a desirable area, allowing for equity growth through location rather than sheer property size.


Section 2: Frequently Asked Questions

1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. This is a crucial point to verify with the listing agent and city permits, as it affects rental potential and insurance.

2. How does the below-average living area impact daily life?
At 720 sqft, the main floor is compact. This emphasizes efficient use of space and makes the renovated basement critical for storage, utilities, or additional living areas. It suits a minimalist lifestyle or a household comfortable with multi-level living.

3. The assessed value seems very low compared to the recent sale price. Why?
The assessed value (for municipal tax purposes) is $27.4k, while it sold for $270k in 2022. This large discrepancy is normal; assessed value is not market value. It reflects a provincial valuation formula for taxation and should not be used as a guide for the home’s market price.

4. What does the sale history tell us?
The home sold for $21.2k in 2017 and then $270k in 2022. This significant increase likely reflects a major renovation (potentially the basement) or a change in property condition, not just market appreciation. It’s worth investigating what improvements were made between those sales.

5. With no garage, what are parking options?
The property has no garage. Buyers should confirm on-street parking regulations with the city and observe the typical parking availability on Hamel Avenue, especially during different times of day and in winter months.

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