Central St. Boniface, Winnipeg
Property score
54.7
Fair
Overall 54.7 · Older than most nearby homes
1,400 sqft (top 32%) · Built in 1905 (34 yrs older than avg)
Located in a average-income area
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 4 schools, 1 healthcare facility, and 1 park nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Below average
34 yrs older than neighborhood avg.
Mother tongue
French · 56%English · 32%
Past 10 years Central St. Boniface sales snapshot (~80% of all data)
407
293k
$337/sqft
1939
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54.7 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: #46110550
50%
Single-person households
7%
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
531 Langevin Street — 19 amenities found within 500 m, across 8 categories, including 6 dining (nearest 53 m), 4 education (nearest 153 m), 1 healthcare (nearest 474 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 18% | 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: 531 Langevin Street, Winnipeg
Key Characteristics & Appeal
This home is a classic one-and-three-quarter storey character property built in 1905, located in Central St. Boniface. Its key features include a 1,400 sqft living area, a 3,130 sqft lot, and a detached garage. The basement exists but is noted as not renovated.
The primary appeal lies in its location within a historic and culturally vibrant neighbourhood, combined with a notably low municipal assessed value. This presents a clear opportunity for value-driven buyers. The lot size, while below average for the immediate street, is manageable and typical for the inner-city area. The home suits a specific type of buyer: those seeking an entry point into a desirable neighbourhood who are prepared for a project. It is ideal for an investor looking for a hold property, a hands-on homeowner planning a gradual renovation, or someone valuing character and location over modern finishes. A less obvious perspective is that the low assessment, relative to the last sale price in 2016, may indicate significant potential for value growth through updates, or it may reflect the need for substantial investment. Its age and condition suggest it appeals to those who appreciate authentic heritage charm, with all the maintenance and restoration considerations that entails.
Frequently Asked Questions
1. What does "not renovated" for the basement imply?
This typically indicates the basement is in original or functional condition, likely lacking modern finishes. Buyers should budget for potential updates to moisture management, insulation, or foundational repairs, and view it as raw space for future development.
2. Why is the assessed value so much lower than the 2016 sale price?
Municipal assessments for tax purposes often lag behind market sale prices and are based on mass appraisal formulas. A significant gap can sometimes reflect the home's condition relative to neighbours or specific market factors at the time of sale, not necessarily the current market value.
3. Is the smaller lot size a disadvantage?
While the land area is below average for Langevin Street, it is a standard size for Central St. Boniface. It offers lower maintenance and may be preferable for those not wanting extensive yard work, while still providing outdoor space.
4. What are the considerations with a home built in 1905?
Expect character details like original woodwork, but also the need to inspect and potentially update older mechanical systems (plumbing, wiring), insulation, and windows. Heritage guidelines may apply to exterior alterations.
5. Who would this property not suit?
It is likely not a match for buyers seeking a turn-key, modern home with no immediate projects. It may also be challenging for those with strict renovation budgets or who prefer large, suburban-sized lots.
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