477 Ritchot Street

Central St. Boniface, Winnipeg

Property score

71.0

Good

Overall 71.0 · Newer than most nearby homes

1,292 sqft (top 39%) · Built in 2019 (80 yrs newer than avg)

Located in a above-average income area with median household income of ~64k

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 dining spots, 5 schools, 2 parks, and 1 sports facility nearby

Living Area

Near average

1% larger than neighborhood avg.

Year Built

Above average

80 yrs newer than neighborhood avg.

Mother tongue

English · 50%French · 24%

Past 10 years Central St. Boniface sales snapshot (~80% of all data)

Sold Count

407

Median price

293k

$/sqft

$337/sqft

Avg build year

1939

Need help understanding this property?

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

Property score

71.0 is composed by the two sections below.

Property Score

68.6Good
Living Area66
1,292 sqftGood
Year Built97
2019Excellent
Lot Size38
3,185 sqftLow
Neighbourhood Sales Activity78
Good

Community Score

74.6Good
Household Income66
Good
Education Level91
Excellent
Housing Stress63
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110548

Community deep dive

$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

Population, labour & age

Population (2021)450
Labour force participation rate71%
Median age32.0
Avg household size2.0
Unemployment rate4%
Population density6428 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households46%
Couple families with children15%
Median household income (2020)$64K

Housing

Renter households67%
Condominium dwellings4%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority26%
Bachelor's or higher (25–64)50%
Mother tongue (1st)English · 50%
Mother tongue (2nd)French · 24%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,292 sqft
0255075100
Same streetTop 40%Same areaTop 39%CitywideTop 42%
Same street · Ritchot Street
#30 / 75
Top 40% · Avg 1,251 sqft
Same area · Central St. Boniface
#417 / 1,058
Top 39% · Avg 1,284 sqft
Citywide · Winnipeg
#81,956 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
444k
0255075100
Same streetTop 8%Same areaTop 14%CitywideTop 29%
Same street · Ritchot Street
#6 / 75
Top 8% · Avg 314.3k
Same area · Central St. Boniface
#150 / 1,058
Top 14% · Avg 347.1k
Citywide · Winnipeg
#57,201 / 194,458
Top 29% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 3%Same areaTop 2%CitywideTop 4%

Lot Size

below average
3,185 sqft
0255075100
Same streetBottom 24%Same areaBottom 19%CitywideBottom 15%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

477 Ritchot Street — 11 amenities found within 500 m, across 5 categories, including 2 dining (nearest 277 m), 5 education (nearest 211 m), 2 parks (nearest 432 m).

Search radius
🍽️Dining2
🏫Education5
🌳Parks2
💪Sports1
Worship1

Crime & Safety

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%

Sales History

Sold 11/2024CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 7%

City-wide

Top 14%

Related homes

Highlights & common questions: 477 Ritchot Street, Winnipeg

Property Summary: 477 Ritchot Street, Winnipeg

Section 1: Overview & Appeal

This two-storey home in Central St. Boniface presents a compelling blend of modern convenience and established neighbourhood character. Its key characteristic is its 2019 construction, making it a notably newer home compared to most in the area, which typically dates to the 1930s. This suggests modern building standards, energy efficiency, and minimal immediate repair needs. The home features a renovated basement and a detached garage on a standard city lot.

The appeal lies in this move-in-ready quality within a historic and vibrant community. Buyers get the charm of St. Boniface without the potential headaches of an older home's major systems. The above-average assessed and recent sale values indicate it is perceived as a premium property for the street and neighbourhood.

This property would best suit buyers who prioritize a modern, low-maintenance home but desire the walkability and cultural richness of a mature core neighbourhood. It’s an ideal fit for professionals, small families, or downsizers looking for a newer build without moving to the distant suburbs. A thoughtful perspective is that this home offers a rare “best of both worlds” scenario: the lot size and location of an older neighbourhood combined with the physical structure of a new one.

Section 2: Frequently Asked Questions

1. How does the lot size compare?
At 3,185 sqft, the land area is below the average for both the immediate street and wider St. Boniface. This is typical for central neighbourhoods and means a manageable yard, but may limit expansion potential compared to suburban lots.

2. Why is the assessed value significantly lower than the sale price?
The assessed value of $44.4k is for taxation purposes and is not intended to reflect market value. The recent sale price of $520k is the true market indicator. The high percentile ranking of the assessed value shows that, for tax purposes, this property is already valued much higher than its neighbours.

3. What does the "Elite" ranking for Year Built mean?
It highlights how uncommon a 2019 build is in this context. On its street, it’s the 2nd newest of 75 homes. This is the home’s standout statistical feature, underscoring its rarity as a new construction infill in a historic area.

4. Is the living space typical for the area?
Yes. At 1,292 sqft, the living area is very close to the average for comparable homes on the street, in the neighbourhood, and citywide. It offers standard family-sized space.

5. What can nearby property values tell us?
The directly neighbouring properties are all much older (early 1900s) and have significantly lower assessed values. This contrast reinforces the premium that the 2019 construction commands and suggests the area is a mix of original homes and newer infill developments.