Central St. Boniface, Winnipeg
Property score
55.6
Fair
Overall 55.6 · Smaller but newer than most nearby homes
975 sqft (bottom 28%) · Built in 1946 (7 yrs newer than avg)
Located in a above-average income area with median household income of ~64k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 2 dining spots, 3 schools, 1 shop, and 1 park nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Above average
7 yrs newer than neighborhood avg.
Mother tongue
English · 50%French · 24%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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55.6 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: #46110548
$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
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
423 Ritchot Street — 10 amenities found within 500 m, across 7 categories, including 2 dining (nearest 423 m), 3 education (nearest 286 m), 1 shopping (nearest 403 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 46% | Bottom 29% | Bottom 23% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 423 Ritchot Street, Central St. Boniface
Key Characteristics & Appeal
This is a classic, no-frills property in the heart of St. Boniface, built in 1946. Its primary appeal lies in its location and land. The lot is a generous 4,088 sqft, which is above average for the immediate street and neighbourhood, presenting a significant opportunity for expansion, gardening, or outdoor living. The home itself is a modest, one-storey bungalow with 975 sqft of living space and includes a basement (unrenovated) and a detached garage.
The data suggests this is a value-driven proposition. The home’s assessed value and recent sale price are notably below city-wide averages, positioning it as an accessible entry point into a well-established community. Its strongest suit is the land-to-price ratio in a central location. This property would suit a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees potential in the lot size and is comfortable with a home that requires updates. It’s less about move-in-ready perfection and more about securing a footprint in a historic neighbourhood with room to grow or customize over time.
Frequently Asked Questions
1. Is the land size a major advantage here?
Yes. The lot is larger than most on the street and in Central St. Boniface. This provides more private outdoor space and future potential than is typical for homes in this price range in the area.
2. What should I expect regarding the home’s condition?
The listing notes an unrenovated basement. Given the home's age (1946) and below-average living area, buyers should budget for modernizing essential systems and likely updating the main living spaces to suit contemporary needs.
3. How does the assessed value relate to the likely market price?
The property is assessed at $27,300 and sold for $25,200 in late 2020. This indicates it is valued as a land-play with a modest structure. Market price will be influenced by current conditions, but it will likely remain significantly below the Winnipeg average, reflecting the work needed on the home itself.
4. Who would this property not be suitable for?
It may not suit buyers seeking a turn-key, modern home with ample finished space. The living area is below average, and the property requires a vision for utilizing the land or a willingness to undertake renovations.
5. What is the context of the sale history?
The 2020 sale price was well below neighbourhood and city averages at that time. This history reinforces the property's profile as a value-based purchase focused on lot size and location rather than the existing structure's premium features.
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