388 De La Morenie Street

Central St. Boniface, Winnipeg

Property score

53.1

Fair

Overall 53.1 · Smaller than most nearby homes

942 sqft (bottom 25%) · Built in 1941 (2 yrs newer than avg)

Located in a above-average income area with median household income of ~74.5k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 8 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby

Living Area

Below average

27% smaller than neighborhood avg.

Year Built

Near average

2 yrs newer than neighborhood avg.

Mother tongue

English · 55%French · 19%

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

53.1 is composed by the two sections below.

Property Score

40.8Low
Living Area942 sqft42Low
Year Built194124Low
Lot Size3,834 sqft46Low
Neighbourhood Sales Activity78Good

Community Score

71.6Good
Household Income74Good
Education Level72Good
Housing Stress63Fair
Core Housing Need63Fair
Employment Health76Good

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: #46110547

Community deep dive

$75K

Median household income

$94K

Average household income

12%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

31%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)464
Labour force participation rate74%
Median age36.0
Avg household size2.2
Unemployment rate12%
Population density5155 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households31%
Couple families with children21%
Median household income (2020)$75K

Housing

Renter households37%
Condominium dwellings4%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority19%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 54%
Mother tongue (2nd)French · 19%

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

Rankings

Living Area

around average
942 sqft
0255075100
Same streetBottom 31%Same areaBottom 25%CitywideBottom 20%
Same street · De La Morenie Street
#71 / 103
Bottom 31% · Avg 1,196 sqft
Same area · Central St. Boniface
#796 / 1,058
Bottom 25% · Avg 1,284 sqft
Citywide · Winnipeg
#154,897 / 194,458
Bottom 20% · Avg 1,342 sqft

Tax-Assessed Value

around average
322k
0255075100
Same streetTop 43%Same areaTop 49%CitywideBottom 36%
Same street · De La Morenie Street
#44 / 103
Top 43% · Avg 327.3k
Same area · Central St. Boniface
#517 / 1,058
Top 49% · Avg 347.1k
Citywide · Winnipeg
#124,103 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1941
0255075100
Same streetTop 35%Same areaTop 49%CitywideBottom 20%

Lot Size

around average
3,834 sqft
0255075100
Same streetBottom 16%Same areaBottom 33%CitywideBottom 23%

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

388 De La Morenie Street — 16 amenities found within 500 m, across 9 categories, including 8 dining (nearest 306 m), 1 education (nearest 146 m), 1 healthcare (nearest 333 m).

Search radius
🍽️Dining8
🏫Education1
🏥Healthcare1
🛒Shopping1
🌳Parks1
🏦Finance1
Fuel Stations1
Worship1
🏛️Government1

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 5/2023CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Bottom 46%

City-wide

Bottom 36%

Related homes

Highlights & common questions: 388 De La Morenie Street, Winnipeg

Property Overview & Appeal

This one-and-a-half storey home, built in 1941, sits on a standard-sized lot in Central St. Boniface. Its key characteristic is its compact and efficient 942 sqft living space, which is complemented by a renovated basement, adding valuable functional area. The home features a detached garage. Its appeal lies in its position as an affordable, no-fuss entry point into the established St. Boniface neighbourhood. The recent renovation of the basement suggests some modern updates without the premium of a fully rebuilt home.

This property would suit first-time buyers or investors looking for a straightforward, lower-maintenance footprint in a central location. It’s a practical choice for those who prioritize location and lot potential over square footage, as the living area is modest compared to area averages. A thoughtful perspective is that while the home itself is smaller, it offers the chance to live in a sought-after community at an accessible price point, with the renovated basement providing crucial extra space for storage, a home office, or recreation.

Frequently Asked Questions

Is the lot size a disadvantage?
At 3,834 sqft, the lot is slightly below the average for St. Boniface but is a very typical size for the immediate street. It offers standard outdoor space for a city home without extensive yard maintenance.

What does "renovated basement" typically mean here?
While specifics aren't listed, in a home of this era and price point, this often indicates foundational updates like moisture control, improved flooring, and finished living space, making it a functional part of the home rather than just storage.

How does the assessed value relate to the sale price?
The home last sold for $29.2k, below its $32.2k assessed value. This can reflect market conditions at the time of sale, the property's specific condition, or negotiated terms, and isn't uncommon.

Is the smaller living area a concern?
At 942 sqft, the above-ground living space is compact. The appeal depends on the buyer's needs; it's efficient for individuals or couples, with the renovated basement effectively increasing the usable square footage.

Who might this property not suit?
It may not suit buyers looking for a move-in-ready, modern open-concept layout or those requiring multiple large bedrooms on the main floors. It's a home with classic, compartmentalized layout from the 1940s.

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