Central St. Boniface, Winnipeg
Property score
45.9
Below average
Overall 45.9 · Smaller than most nearby homes
720 sqft (bottom 10%) · Built in 1942 (3 yrs newer than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 3 schools, and 1 sports facility nearby
Living Area
Below average
44% smaller than neighborhood avg.
Year Built
Near average
3 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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45.9 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
487 Des Meurons Street — 6 amenities found within 500 m, across 3 categories, including 2 dining (nearest 51 m), 3 education (nearest 313 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 27% | Bottom 30% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 487 Des Meurons Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1942 on a standard city lot in Central St. Boniface. Its key features include a renovated basement and a detached garage. The primary appeal lies in its location and its role as an efficient entry point into the historic and culturally vibrant St. Boniface neighbourhood. With a living area of 720 sq ft, it is notably smaller than most area homes, which positions it as a lower-maintenance property with proportionally lower property taxes, as reflected in its around-average assessed value for the area.
This home would best suit a first-time buyer, an investor, or a downsizer seeking an affordable foothold in a central, established community. Its modest size and simpler layout are practical for those who prioritize location over spaciousness. A thoughtful perspective for a buyer is the potential to use the renovated basement as a flexible space—be it a home office, rental suite, or hobby area—effectively adding functional square footage to the smaller main floor. The lot size, while below average for the city, is typical for the street and offers manageable outdoor space without being burdensome.
Section 2: Frequently Asked Questions
1. Is the house too small for comfortable living?
At 720 sq ft, the living area is significantly below the neighbourhood average. It is a compact layout best suited for individuals, couples, or those comfortable with efficient, minimalist living. The renovated basement provides crucial additional flexible space.
2. What does the "around average" assessed value mean for taxes?
The assessed value is typical for both Des Meurons Street and Central St. Boniface. This suggests your property tax bill should be in line with similar homes in the immediate area, which is useful for budgeting, especially given the home's smaller size.
3. How does the 1942 build year affect the home?
The age is typical for the street. Buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and wiring, even with a renovated basement.
4. What is the realistic potential for this property?
Given its size, it's likely a long-term "starter" home or a strategic hold for its land value in a central location. Its future value may be tied more to St. Boniface's overall market trends than to the specifics of this smaller dwelling.
5. How does the last sale price compare to the assessed value?
The home sold for $25.6k in 2019, below its current $30.2k assessment. This highlights the importance of a current market evaluation, as assessed value for taxes doesn't always directly equate to market value.
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