Central St. Boniface, Winnipeg
Property score
61.1
Fair
Overall 61.1 · Newer than most nearby homes
1,029 sqft (bottom 33%) · Built in 1953 (14 yrs newer than avg)
Located in a above-average income area with median household income of ~72k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, and 2 parks nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 48%French · 39%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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61.1 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: #46110812
$72K
Median household income
$96K
Average household income
10%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
35%
Single-person households
19%
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
386 Cabana Place — 5 amenities found within 500 m, across 3 categories, including 1 dining (nearest 108 m), 2 education (nearest 347 m), 2 parks (nearest 447 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 1% | Bottom 18% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 386 Cabana Place, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Central St. Boniface is defined by its substantial, above-average lot size—over 6,200 square feet—which is its most standout feature. Built in 1953, the house itself is of average size for the area at just over 1,000 square feet, but it comes with a renovated basement and a detached garage. The appeal here is primarily in the land and location. It offers space for gardening, expansion, or simply enjoying a larger private yard than most city properties, all within a mature, established neighbourhood. The home last sold in 2018 for $220k, and its current assessed value is notably lower than the citywide average sale price, which may present an opportunity.
This property would best suit a practical buyer who values outdoor space over a large interior footprint. It’s ideal for a first-time homeowner willing to live in a modestly sized, updated home while holding a valuable asset in the land, or for a long-term investor who recognizes the potential in a sizable lot in a central neighbourhood. A less obvious perspective is that this home represents a "blank canvas" property: the renovated basement provides modern livability now, while the generous lot holds future potential, whether for a major renovation, an addition, or simply as a hedge against increasing land scarcity in the city core.
Section 2: Frequently Asked Questions
1. Is the lot size unusual for the area?
Yes. The property’s lot is in the top 12% for size within Central St. Boniface, meaning it’s significantly larger than most neighbouring properties. This is a key advantage.
2. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. A buyer would need to inquire about the finishes, legal egress, ceiling height, and whether it includes a separate entrance or rental potential.
3. Why is there a large gap between the 2018 sale price and the current assessed value?
Assessed value for tax purposes is not the same as market value. The assessed value is typically lower and used for calculating property taxes, while market value is determined by what buyers are currently willing to pay. The 2018 sale price is a historical data point, not a current valuation.
4. Who would this home not suit?
It may not suit buyers seeking a large, move-in-ready interior without future projects, or those who prioritize a modern, open-concept layout typical of newer builds. The living space is functionally average for the immediate area.
5. How does the age of the home (1953) affect things?
While the systems and structure are 70+ years old, the renovated basement suggests some updates. A pre-purchase inspection would be crucial to understand the condition of the original foundation, roof, wiring, and plumbing. Its vintage also means it was built during a period of solid construction, often on a desirable larger lot.
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