45.9
Below average
Property score
45.9
Below average
Overall 45.9
Smaller and older than most nearby homes
794 sqft (bottom 15%)
Built in 1910 (29 yrs older than avg)
Located in a above-average income area
with median household income of ~72k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 8 dining spots, 1 school, 1 healthcare facility, and 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
38% smaller than neighborhood avg.
Year Built
Below average
29 yrs older 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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45.9 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
397 Youville Street — 14 amenities found within 500 m, across 6 categories, including 8 dining (nearest 327 m), 1 education (nearest 382 m), 1 healthcare (nearest 438 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 2% | Bottom 5% |
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a modest, one-storey home built in 1910 on a generous lot in Central St. Boniface. Its primary appeal lies in its land potential and location, rather than the current structure. The house itself is compact at 794 sq ft, with an unrenovated basement and no garage. The lot size of over 5,200 sq ft is notably larger than many in the neighbourhood, offering valuable space for expansion, gardening, or future redevelopment. With a very low assessed value, it presents as a true fixer-upper or land-value opportunity. This property would suit a hands-on buyer looking for a project home, an investor interested in the long-term value of the lot, or someone seeking an entry point into the established St. Boniface community with the vision to create their own space.
Key Considerations & FAQs
1. What does "below average" for Year Built and Living Area really mean for a buyer?
It confirms this is a historic, character home with limited modern living space. The appeal is for those who appreciate older homes and are prepared for the maintenance and updates they require, or who see the small structure as something to be significantly altered or replaced.
2. Why is the assessed value so low compared to the last sale price?
Municipal assessed value for taxation is often lower than market value and is based on a prior valuation date. The significant gap between the 2016 sale price ($160k) and the current assessed value ($20.1k) strongly suggests the property is in need of major repairs or updates, which is reflected in the tax assessment.
3. The lot is larger than average. What are the possibilities?
The large lot is the standout feature. It provides ample yard space, room for a significant addition, or the potential for future subdivision or redevelopment, subject to city zoning and bylaws. This land bank is a key part of the property's value.
4. What should I budget beyond the purchase price?
Given the age, unrenovated basement, and below-average metrics, buyers should budget for immediate systems updates (roof, wiring, plumbing, insulation) and foundational repairs. The home likely requires a comprehensive renovation to meet modern standards.
5. Who is this property not suited for?
It is not suited for buyers seeking a move-in ready home, those unable to manage a major renovation project, or anyone needing substantial living space immediately. This is a project that requires vision, time, and a significant renovation budget.
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