555 Des Meurons Street

Central St. Boniface, Winnipeg

Property score

52.4

Fair

Overall 52.4 · Smaller than most nearby homes

994 sqft (bottom 30%) · Built in 1927 (12 yrs older than avg)

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

Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 5 dining spots, 3 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

23% smaller than neighborhood avg.

Year Built

Near average

12 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

52.4 is composed by the two sections below.

Property Score

40.0Low
Living Area42
994 sqftLow
Year Built20
1927Low
Lot Size46
3,910 sqftLow
Neighbourhood Sales Activity78
Good

Community Score

71.1Good
Household Income72
Good
Education Level72
Good
Housing Stress63
Fair
Core Housing Need76
Good
Employment Health68
Good

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
994 sqft
0255075100
Same streetBottom 31%Same areaBottom 30%CitywideBottom 25%
Same street · Des Meurons Street
#123 / 179
Bottom 31% · Avg 1,196 sqft
Same area · Central St. Boniface
#742 / 1,058
Bottom 30% · Avg 1,284 sqft
Citywide · Winnipeg
#145,013 / 194,458
Bottom 25% · Avg 1,342 sqft

Tax-Assessed Value

below average
263k
0255075100
Same streetBottom 23%Same areaBottom 22%CitywideBottom 20%
Same street · Des Meurons Street
#137 / 179
Bottom 23% · Avg 318k
Same area · Central St. Boniface
#821 / 1,058
Bottom 22% · Avg 347.1k
Citywide · Winnipeg
#155,181 / 194,458
Bottom 20% · Avg 390.1k

Year Built

around average
1927
0255075100
Same streetBottom 32%Same areaBottom 42%CitywideBottom 16%

Lot Size

around average
3,910 sqft
0255075100
Same streetBottom 20%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

555 Des Meurons Street — 12 amenities found within 500 m, across 5 categories, including 5 dining (nearest 251 m), 3 education (nearest 124 m), 2 parks (nearest 385 m).

Search radius
🍽️Dining5
🏫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 9/2017CA$150k–200k
Sold price

Same street

Bottom 6%

Same area

Bottom 5%

City-wide

Bottom 7%

Related homes

Highlights & common questions: 555 Des Meurons Street, Winnipeg

Property Summary: 555 Des Meurons Street, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home built in 1927 on a standard city lot in Central St. Boniface. Its key features include a renovated basement and a detached garage. The data reveals a property that is modest in scale—its living area of 994 sqft is slightly below the local average—but sits on a reasonably sized lot for the neighbourhood. Its assessed value is notably below average for the area, which historically translated to a very low sale price.

The appeal lies in its location within a historic, vibrant community and its potential as an affordable entry point into the St. Boniface market. It suits pragmatic buyers, such as first-time homeowners or investors, who prioritize location over square footage and see value in a home that has already seen updates like a renovated basement. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—a classic, no-frills Winnipeg home where value is derived more from the land and community than from the size or luxury of the structure itself. It’s for someone comfortable with a cozy layout who views the detached garage and finished basement as valuable functional bonuses.

Section 2: Frequently Asked Questions

1. Is the low assessed value and past sale price a red flag?
Not necessarily. It primarily reflects the home’s modest size and older age compared to newer or larger homes. It indicates an affordable entry point, but a professional inspection is always recommended to understand the property's condition.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or quality. Buyers should inquire about the work done, permits, and the basement’s intended use (e.g., living space, utility) to ensure it meets their needs.

3. How does the lot size compare?
At just under 4,000 sqft, the lot is smaller than the Winnipeg average but is fairly typical for Central St. Boniface. It offers standard outdoor space for the area but is not an exceptionally large yard.

4. Who might this property not suit?
It may not suit buyers looking for a modern, open-concept layout or substantial above-ground square footage. Given its age and below-average metrics for size and value, those seeking a move-in-ready home with ample space or strong comparative value growth might need to look elsewhere.

5. What is the context of the 2017 sale price?
The property sold for $17,500 in 2017, which was significantly below average even then. This typically suggests a property sold in as-is condition, possibly for land value or as a estate sale, and should not be used as a direct benchmark for current market value without understanding those circumstances.