Central St. Boniface, Winnipeg
Property score
43.4
Below average
Overall 43.4 · Smaller than most nearby homes
672 sqft (bottom 5%) · Built in 1940 (1 yr newer than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 2 schools, 1 shop, and 1 park nearby
Living Area
Below average
48% smaller than neighborhood avg.
Year Built
Near average
1 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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43.4 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
438 De La Morenie Street — 9 amenities found within 500 m, across 5 categories, including 4 dining (nearest 223 m), 2 education (nearest 301 m), 1 shopping (nearest 475 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 | Top 45% | Top 50% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1940-built, one-storey home at 438 De La Morenie Street in Central St. Boniface presents a specific and compelling opportunity. Its key appeal lies in the combination of a well-sized, nearly 4,000 sqft lot in a mature, established neighbourhood with a recently renovated basement. The living space is compact at 672 sqft, making this a quintessential "starter home" or a strategic entry point into the St. Boniface area. The property last sold in May 2022 for $300,000, with a current assessed value of $280,000.
Key Characteristics & Ideal Buyer
The home’s primary characteristic is its efficient scale on a generous lot. It suits a first-time buyer, an investor, or someone looking to downsize without sacrificing outdoor space. The renovated basement adds valuable functional space, potentially for a home office, rental suite, or family room. Its appeal is grounded in location and lot value rather than square footage, offering a chance to own a low-maintenance home in a central neighbourhood with the potential for future expansion or landscaping projects. A thoughtful perspective is that this property represents the "land value with a liveable structure" model—the home itself is functional and updated where it counts (the basement), while the true long-term value is tied to its desirable lot in a historic community.
Frequently Asked Questions
1. How does the small living area impact daily life and resale?
The 672 sqft main floor requires efficient use of space and likely an open-concept layout. For a single person, couple, or small family using the renovated basement, it can be comfortable. It may appeal to a narrower pool of future buyers, but this is balanced by the attractive lot size and neighbourhood.
2. What does the "renovated basement" entail?
Specific finishes and the scope of renovation aren't detailed here. A crucial next step would be to determine if it was a cosmetic update or a full structural renovation, whether it includes a separate entrance, and if it meets local code for legal suite potential.
3. The lot is large for the area. What are the possibilities?
The nearly 4,000 sqft lot is significantly larger than many city-wide properties. This allows for substantial gardening, outdoor living space, or future additions like a garage, workshop, or home extension, subject to local zoning bylaws.
4. How does the 2022 sale price compare to the current assessment?
The home sold for $300,000 in 2022 and is now assessed at $280,000. This difference isn't unusual and reflects market adjustments. The assessment provides a baseline for property taxes, while the market sale price will be determined by current conditions, the updated basement, and buyer demand.
5. What is the character of this specific part of De La Morenie Street?
The listing shows several nearby properties on the same street, suggesting a tight-knit, established block. Viewing the property at different times of day is recommended to understand traffic, noise, and neighbour dynamics, which greatly influence the feel of a home on a central street.
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