Central St. Boniface, Winnipeg
Property score
47.9
Below average
Overall 47.9 · Smaller than most nearby homes
728 sqft (bottom 11%) · Built in 1945 (6 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
43% smaller than neighborhood avg.
Year Built
Near average
6 yrs newer than neighborhood avg.
Mother tongue
English · 55%French · 19%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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47.9 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: #46110547
$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
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
401 Des Meurons Street — 17 amenities found within 500 m, across 9 categories, including 8 dining (nearest 342 m), 1 education (nearest 208 m), 1 healthcare (nearest 380 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 38% | Bottom 34% | Bottom 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 401 Des Meurons Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1945 on a generous lot in Central St. Boniface. Its key characteristic is the significant disparity between its small living footprint (728 sq ft) and its larger-than-average land area (4,654 sq ft). The home itself is compact and dated, featuring an unrenovated basement and a detached garage. Its appeal lies squarely in its land and location. The lot size offers valuable potential for expansion, gardening, or outdoor living in a well-established neighbourhood. With a very low assessed value, it presents as an entry point into the market or a strategic land purchase. This property would best suit a buyer looking for a project—whether that’s a gradual live-in renovation, a complete rebuild, or a long-term land investment. It’s less suited for those seeking immediate move-in condition or ample interior space.
Section 2: Frequently Asked Questions
1. Is this a teardown property?
While the home is small and older, it is a functioning house. The decision to renovate or rebuild would depend on the buyer's goals, budget, and the specific condition of the structure, which should be verified by a professional inspection.
2. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's current state—a small, older home with unrenovated spaces. The value is primarily in the land, not the existing improvements, which is typical for properties with redevelopment potential.
3. What can I do with such a large lot relative to the house?
The lot offers several options: creating extensive private outdoor space, adding a significant addition to the existing home, or potentially subdividing the lot, subject to municipal zoning and approval.
4. How does the living area compare to nearby homes?
The living area is notably smaller than most in the area. Comparable homes on the same street average about 1,196 sq ft, making this one of the more compact properties, which is a key factor in its lower price point.
5. The home sold in 2020 for $26,900. What does that indicate?
The recent sale at a price closely aligned with its assessed value suggests it was treated as a land-value transaction or a functional starter home. It underscores the property's status as a base for future investment rather than a premium, updated residence.
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