Central St. Boniface, Winnipeg
Property score
36.3
Below average
Overall 36.3 · Smaller and older than most nearby homes
739 sqft (bottom 12%) · Built in 1912 (27 yrs older than avg)
Located in a average-income area
Transit 82.0 · 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
Below average
42% smaller than neighborhood avg.
Year Built
Below average
27 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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36.3 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
533 Langevin Street — 19 amenities found within 500 m, across 8 categories, including 6 dining (nearest 45 m), 4 education (nearest 157 m), 1 healthcare (nearest 467 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 3% | Bottom 1% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 533 Langevin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1912) in Winnipeg's Central St. Boniface neighbourhood. Its key characteristic is its modest scale: with 739 sqft of living space on a 3,121 sqft lot, it is notably smaller than most homes on its street and in the wider city. There is no basement, garage, or pool.
The primary appeal lies in its position as an entry-point property in a central, historic area. Its very low assessed value reflects its size and condition, suggesting it is a candidate for a full renovation, a hold for land value, or a minimal-footprint living option. It would suit a specific type of buyer: an investor or handy first-time buyer looking for a project in a established neighbourhood, someone seeking the lowest possible price point to enter the market, or a builder/developer considering the lot's potential relative to the existing structure. A less obvious perspective is that its small size and lack of basement could appeal to those seeking simplicity and lower maintenance costs, provided the main floor is livable. Its age means charm is possible, but it also implies that systems, wiring, and insulation likely require modern updates.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's current state, size, and features. This home's very small living area, age, and lack of a basement or garage place it in a different category than the average Winnipeg house, resulting in a proportionally lower valuation.
2. What does "One & 3/4 Storey" mean for this home?
This style typically means the home has a main floor and a second floor under a sloped roof, where the upstairs rooms may have lower ceilings or limited headspace in parts. Given the small total square footage, the upper floor is likely quite compact.
3. Is this a teardown property?
While the data doesn't state this explicitly, the combination of very low assessed value, small size, and age means many buyers would evaluate the cost of renovation versus replacement. The decision would depend on the foundation condition, interior layout, and personal investment goals.
4. How does the small lot size impact its potential?
At 3,121 sqft, the lot is below average for the area. This may limit expansion possibilities for the existing footprint or the size of a potential new build, as you must adhere to local zoning setback rules. It's important to verify the specific zoning regulations.
5. The home sold for $15,200 in 2021. What does that indicate?
A sale price significantly below even the low assessed value often indicates the property was sold in as-is condition, likely requiring significant work, or was part of a non-arms-length transaction (e.g., between family members). It highlights that the property has been a low-value asset for some time.
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