540 Ritchot Street

Two StoreyBuilt 1941Living Area 1,631 sqftDetached Garage
Sale History
SOLDin May 2021
380K±5,0002yr +18.8%
Tax Assessment
402k(prev. 364k)
+38k(+10.4%)
DateSold PriceNeighbourhood
2021-05Sold380K±5,00010/59
2019-07Sold320K±5,00012/49

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
Above average1,631 sqft · top 20% in area · built 1941 · 2 yrs newer than avg
$
High-income areaMedian household income ~$55K · top tier income demographics
4-min walk to transit2 nearby routes · score 74/100
Score

Property score

Overall score
68.1Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
70.6
Good
Living area
83
Year built
24
Lot size
81
Sales activity
78
Community Score
64.3
Fair
Income
58
Education
72
Housing
63
Core need
63
Employment
83
Rankings

How it stacks up

Each metric compared against 75 homes on Ritchot Street, 1,058 in Central St. Boniface, and 194,457 citywide. Polygon points further from the centre = better rank.
Living Area
1,631 sqft
ABOVE AVERAGE
StreetTop 13%AreaTop 20%CityTop 24%
Same street
Top 13%
#10 / 75
Top 20%
#208 / 1,058
Citywide
Winnipeg
Top 24%
#46,311 / 194,457
Tax-Assessed Value
402 k
NEAR AVERAGE
StreetTop 23%AreaTop 34%CityBottom 49%
Same street
Top 23%
#17 / 75
Top 34%
#362 / 1,058
Citywide
Winnipeg
Bottom 49%
#98,289 / 194,455
Year Built
1941
NEAR AVERAGE
StreetTop 33%AreaTop 49%CityBottom 20%
Same street
Top 33%
#25 / 75
Top 49%
#517 / 1,058
Citywide
Winnipeg
Bottom 20%
#156,223 / 194,457
Lot Size
6,377 sqft
ABOVE AVERAGE
StreetTop 1%AreaTop 10%CityTop 24%
Same street
Top 1%
#1 / 75
Top 10%
#103 / 1,058
Citywide
Winnipeg
Top 24%
#47,186 / 194,457
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
540 Ritchot Street: Living Area Analysis

Street Level (Ritchot Street): Above Average. Ranked #10 out of 75 (Top 13%). The street average for comparable homes is 1,251 sqft.

Neighborhood Level (Central St. Boniface): Above Average. Ranked #208 out of 1,058 (Top 20%). The neighborhood average for comparable homes is 1,284 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #46,311 out of 194,457 (Top 24%). The citywide average for comparable homes is 1,342 sqft.

540 Ritchot Street: Tax-Assessed Value Analysis

Street Level (Ritchot Street): Around Average. Ranked #17 out of 75 (Top 23%). The street average for comparable homes is 360.5k.

Neighborhood Level (Central St. Boniface): Around Average. Ranked #362 out of 1,058 (Top 34%). The neighborhood average for comparable homes is 397.2k.

Citywide Level (Winnipeg): Below Average. Ranked #98,289 out of 194,455 (Bottom 49%). The citywide average for comparable homes is 435.4k.

540 Ritchot Street: Year Built Analysis

Street Level (Ritchot Street): Around Average. Ranked #25 out of 75 (Top 33%). The street average for comparable homes is 1931.

Neighborhood Level (Central St. Boniface): Around Average. Ranked #517 out of 1,058 (Top 49%). The neighborhood average for comparable homes is 1939.

Citywide Level (Winnipeg): Below Average. Ranked #156,223 out of 194,457 (Bottom 20%). The citywide average for comparable homes is 1966.

540 Ritchot Street: Lot Size Analysis

Street Level (Ritchot Street): Above Average. Ranked #1 out of 75 (Top 1%). The street average for comparable homes is 3,967 sqft.

Neighborhood Level (Central St. Boniface): Above Average. Ranked #103 out of 1,058 (Top 10%). The neighborhood average for comparable homes is 4,609 sqft.

Citywide Level (Winnipeg): Around Average. Ranked #47,186 out of 194,457 (Top 24%). The citywide average for comparable homes is 6,570 sqft.

Market

Central St. Boniface market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
407
last 14 years
Median price
293k
14-year area median
Price per sqft
$337/sqft
area average
Avg build year
1939
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Some over ask
33%
Below ask33% above
3 of 9 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

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.

Community deep dive

Who lives in this neighbourhood

Dissemination area #46110811 · Statistics Canada 2021 Census · Population 422
422
Population (2021)
37.2
Median age
2.0
Avg household size
5,275 / km²
Population density
Distribution by household income band
20k-25k
3%
25k-30k
5%
30k-35k
10%
35k-40k
8%
40k-45k
8%
45k-50k
8%
50k-60k
10%
60k-70k
8%
70k-80k
13%
80k-90k
5%
90k-100k
5%
100k-125k
8%
125k-150k
5%
150k-200k
5%
$55K
Median household income
$71K
Average household income
21%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.7
P90 / P10 ratio
41%
Single-person households
13%
Families with children
75%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

540 Ritchot Street — 16 amenities found within 500 m, across 6 categories, including 5 dining (nearest 155 m), 5 education (nearest 141 m), 1 parks (nearest 229 m).

Search radius
🍽️Dining5
🏫Education5
🌳Parks1
💪Sports1
Worship2
🏛️Government2

Crime & safety

Central St. Boniface · WPS public data
Full crime data →
Annual incidents
64
2026
vs. city average
+117%
▲ relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
55% of incidents

Waste collection schedule

Local garbage, recycling, and yard waste pickup
Garbage
tuesday
Recycling
tuesday
Yard waste
tuesday a

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 540 Ritchot Street. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview & Key Characteristics

This two-storey home on Ritchot Street in Central St. Boniface presents a compelling blend of space, location, and value. Its primary appeal lies in its generous 6,377 sqft lot, which ranks in the top 1% for size on the street itself, offering rare potential for gardens, expansion, or simply ample private outdoor space in a central neighbourhood. The 1,631 sqft living area is also notably above average for both the street and area, providing comfortable interior space. Key features include a renovated basement and a detached garage.

The home suits buyers seeking a character property with significant land in a well-established, walkable community. It’s ideal for those who value outdoor space over a brand-new build, as the 1941 structure is typical for the area but may require updates. The strong lot size and above-average living space, paired with an assessed value that is competitive for the street, make it a practical choice for a long-term holder or someone looking to add value through strategic updates.

Frequently Asked Questions

1. How does the lot size compare practically?
The lot is exceptionally large for the street and above average for the neighbourhood. This means more privacy, yard space, and potential than most nearby properties, but also implies corresponding maintenance or landscaping considerations.

2. What might the sale history indicate?
The property sold for $38,200 in 2021 and for $320,000 in 2019. The 2021 sale appears to be a significant outlier in value, potentially indicating a non-arms-length transaction or unique circumstances. The 2019 sale price is more aligned with area norms and provides a better market reference point.

3. Is the home modern or a renovation project?
Built in 1941, the home is older than the Winnipeg average. While the basement is noted as renovated, the main living areas likely retain classic character and may require modernization to suit contemporary tastes, which is typical for the charming St. Boniface area.

4. Who would this property not suit?
It may not suit buyers seeking a new, low-maintenance home or those sensitive to potential renovation needs. The detached garage also means exposed parking, which could be a drawback for some compared to an attached option.

5. How does its value stack up?
The assessed value is above average for Ritchot Street but around average for the wider neighbourhood and city. This suggests you are paying a premium for the specific location and lot size on this street, rather than for the home's finishes or condition relative to the entire market.