Central St. Boniface, Winnipeg
Property score
65.0
Good
Overall 65.0 · Larger than most nearby homes
1,764 sqft (top 14%) · Built in 1940 (1 yr newer than avg)
Located in a above-average income area with median household income of ~63.6k
Transit 94.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 6 dining spots, 2 schools, 5 healthcare facilitys, and 2 shops nearby
Living Area
Above average
37% larger than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 63%French · 18%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
65.0 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: #46110551
$64K
Median household income
$77K
Average household income
19%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.3
P90 / P10 ratio
28%
Single-person households
17%
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
424 Valade Street — 19 amenities found within 500 m, across 7 categories, including 6 dining (nearest 441 m), 2 education (nearest 308 m), 5 healthcare (nearest 147 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 33% | Top 4% | Top 10% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 424 Valade Street, Central St. Boniface
Key Characteristics & Appeal
This two-storey home, built in 1940, presents a compelling blend of established neighbourhood character and above-average interior space. With 1,764 sqft of living area, the home is notably larger than most comparable properties in St. Boniface and across Winnipeg, offering more room than typical for the area. It sits on a 3,640 sqft lot, which is a comfortable size for the central neighbourhood. A key modern update is the renovated basement, adding functional living space, and the property includes a detached garage. The home last sold in December 2022 for $56,500, and its current assessed value is positioned above average for its immediate street and wider community.
The appeal lies in its generous interior footprint within a mature, sought-after neighbourhood. It suits buyers looking for a character home with updated fundamentals (like the basement) who prioritize interior space over a vast yard. It’s also a practical fit for those wanting a footprint larger than the neighbourhood average without moving to the city's newer suburbs. A thoughtful perspective is that this property represents a "value-up" opportunity within its locale—its metrics suggest you're acquiring more house relative to many neighbours, which can be a strategic advantage.
Frequently Asked Questions
1. Is the $56,500 sale price from 2022 relevant today?
While it shows recent transaction history, it should not be considered a direct indicator of current market value. Property values can change due to market conditions, further renovations, or comparable sales. The assessed value provides another data point, but a current market appraisal is essential.
2. What does "above average" for living area actually mean?
The data indicates this home's interior is larger than approximately 80-86% of similar homes on its street, in St. Boniface, and across Winnipeg. Simply put, you are getting more square footage here than in most directly comparable properties.
3. How does the 1940 build year affect the home?
Built in the middle of the 20th century, it comes with the character and solid construction of that era but will likely have systems (like plumbing, electrical, and insulation) that require inspection and may need updating or maintenance, despite the renovated basement.
4. What are the implications of a detached garage?
A detached garage offers flexibility for use as a workshop or storage space separate from the house. However, it may be less convenient than an attached garage during Winnipeg winters, and the condition of the structure should be evaluated.
5. The assessed value seems low compared to typical Winnipeg home prices. Why?
The assessed value of $47,200 is a municipal assessment for tax purposes, not a market valuation. It is notably above average for this specific neighbourhood and street, reflecting its relative standing locally. Market price is determined by buyer demand and recent sales of comparable homes.
