40.0
Below average
Property score
40.0
Below average
Overall 40.0
Smaller than most nearby homes
570 sqft (bottom 1%)
Built in 1928 (11 yrs older than avg)
Located in a above-average income area
with median household income of ~64k
Transit 86.0
4-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 5 schools, 1 park, and 1 sports facility nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
56% smaller than neighborhood avg.
Year Built
Near average
11 yrs older 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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40.0 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: #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
462 Ritchot Street — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 307 m), 5 education (nearest 276 m), 1 parks (nearest 379 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 24% | Bottom 20% | Bottom 16% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 9% | Bottom 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This is a compact, one-storey home built in 1928 on a standard city lot in Central St. Boniface. Its key characteristic is its modest scale, with a living area significantly smaller than most area homes. The property features a detached garage and a renovated basement, adding functional space. Its appeal lies in its affordability and location within a historic, established neighbourhood, offering a lower entry point into the market. The home would suit first-time buyers, investors, or downsizers seeking a manageable footprint with renovation potential, or those prioritizing lot location over the size of the existing structure. A thoughtful perspective is recognizing this as a "value of land" proposition; the lot holds inherent worth in a desirable area, while the house itself presents an opportunity for expansion or redevelopment over time, subject to local regulations.
Frequently Asked Questions
1. Is the living area of 570 sqft accurate for the entire home?
Yes, the data indicates the above-ground living area is approximately 570 square feet, which is notably compact. The renovated basement provides additional usable space, but is not counted in the official living area metric.
2. Why is the assessed value relatively low?
The assessed value reflects the property's smaller size and older age compared to city and neighbourhood averages. It is primarily driven by the land value in St. Boniface, with the building itself contributing a smaller portion of the total assessment.
3. What does the "below average" ranking for land area mean?
While the lot is a standard city size, the ranking shows it is slightly smaller than many lots on the same street and in the wider area. However, at over 2,700 sqft, it still provides good outdoor space and is typical for the core neighbourhood.
4. Is the sale price history indicative of its current market value?
The last recorded sale was in 2021 for $22,500. This historical price is not a reliable indicator of current market value, which would be influenced by present market conditions, the state of the renovation, and recent comparable sales.
5. Are the nearby and similarly-valued properties good comparables?
The listed nearby properties are geographic comparables, showing the character of the immediate block. The properties with similar assessed values are financial comparables from across the city, but may be in different neighbourhoods and not directly comparable in terms of market price or features.
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