554 De La Morenie Street

Central St. Boniface, Winnipeg

Property score

56.0

Fair

Overall 56.0 · Compared with neighbourhood average

1,072 sqft (bottom 37%) · Built in 1925 (14 yrs older than avg)

Located in a above-average income area with median household income of ~72k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 6 dining spots, 3 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Near average

14 yrs older than neighborhood avg.

Mother tongue

English · 48%French · 39%

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

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Property score

56.0 is composed by the two sections below.

Property Score

46.0Low
Living Area1,072 sqft52Fair
Year Built192520Low
Lot Size3,910 sqft46Low
Neighbourhood Sales Activity78Good

Community Score

71.1Good
Household Income72Good
Education Level72Good
Housing Stress63Fair
Core Housing Need76Good
Employment Health68Good

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: #46110812

Community deep dive

$72K

Median household income

$96K

Average household income

10%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.3

P90 / P10 ratio

35%

Single-person households

19%

Families with children

Population, labour & age

Population (2021)874
Labour force participation rate65%
Median age44.0
Avg household size2.1
Unemployment rate7%
Population density1409 / km²

Households & income

Low income (LIM-AT, % pop.)10%
Single-person households35%
Couple families with children19%
Median household income (2020)$72K

Housing

Renter households47%
Condominium dwellings11%
Median dwelling value (owners)$376K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority9%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 48%
Mother tongue (2nd)French · 38%

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

Rankings

Living Area

around average
1,072 sqft
0255075100
Same streetBottom 40%Same areaBottom 37%CitywideBottom 36%
Same street · De La Morenie Street
#62 / 103
Bottom 40% · Avg 1,196 sqft
Same area · Central St. Boniface
#669 / 1,058
Bottom 37% · Avg 1,284 sqft
Citywide · Winnipeg
#124,646 / 194,458
Bottom 36% · Avg 1,342 sqft

Tax-Assessed Value

below average
270k
0255075100
Same streetBottom 25%Same areaBottom 25%CitywideBottom 22%
Same street · De La Morenie Street
#77 / 103
Bottom 25% · Avg 327.3k
Same area · Central St. Boniface
#790 / 1,058
Bottom 25% · Avg 347.1k
Citywide · Winnipeg
#152,093 / 194,458
Bottom 22% · Avg 390.1k

Year Built

around average
1925
0255075100
Same streetBottom 44%Same areaBottom 40%CitywideBottom 15%

Lot Size

around average
3,910 sqft
0255075100
Same streetBottom 49%Same areaBottom 38%CitywideBottom 24%

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

554 De La Morenie Street — 13 amenities found within 500 m, across 5 categories, including 6 dining (nearest 267 m), 3 education (nearest 83 m), 2 parks (nearest 346 m).

Search radius
🍽️Dining6
🏫Education3
🌳Parks2
💪Sports1
Fuel Stations1

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 12/2021CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 35%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 554 De La Morenie Street, Winnipeg

Property Overview: 554 De La Morenie Street

Section 1: Key Characteristics & Appeal

This is a classic one-storey home in Central St. Boniface, built in 1925. Its key characteristics include a detached garage and a full basement that is noted as not being renovated. With 1,072 sqft of living space on a 3,910 sqft lot, the home offers a comfortable footprint that is very typical for its historic neighbourhood, neither notably large nor small compared to immediate peers.

The primary appeal lies in its location and land value within a sought-after area. The lot size is above average for Winnipeg overall, suggesting room for outdoor living or potential expansion in a mature, established community. The home presents as a solid, no-frills opportunity. It suits buyers looking for an entry point into St. Boniface, value-conscious renovators who see potential in the existing structure and basement, or investors interested in the long-term value of a well-located property. Its below-average assessed value relative to the area indicates it may be priced accessibly, but likely reflects its age and condition, appealing to those comfortable with a property that requires updates.

Section 2: Frequently Asked Questions

1. What does "basement, not renovated" typically mean?
It indicates the basement is unfinished or largely in its original state. Buyers should budget for potential updates to insulation, flooring, and finishes, and consider a thorough inspection for moisture management and foundational integrity common in century-old homes.

2. How does the lot size compare practically?
At 3,910 sqft, the lot is larger than over 75% of city properties, but is average for St. Boniface. This means ample backyard space for the area, but not an unusually large or sub-dividable parcel.

3. The home sold for $27,300 in 2021 but is now assessed at $270,000. Why the large difference?
The 2021 sale price is exceptionally low and not reflective of current market value. It may have been a non-arms-length transaction (e.g., between family members) or sold with significant conditions. The current assessed value is the relevant figure for municipal taxes and is a better, though not exact, indicator of its market valuation.

4. Who might this property not suit?
It may not suit those seeking a move-in-ready home without renovation projects, or buyers who prioritize modern amenities and open-concept layouts typically found in newer builds.

5. What are the less obvious considerations for a 1925 home?
Consider the charm and solid construction of the era against the need to inspect and potentially update older electrical, plumbing, and windows. Also, research if the home is in a heritage conservation district, which could affect exterior renovation plans. The "average" metrics in the neighbourhood suggest you are buying a very characteristic St. Boniface property, not an outlier.

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