494 Boyd Avenue

St. John'S, Winnipeg

Property score

52.9

Fair

Overall 52.9 · Larger but older than most nearby homes

1,581 sqft (top 18%) · Built in 1907 (16 yrs older than avg)

Located in a average-income area with median household income of ~56.8k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 school, 1 healthcare facility, 4 shops, and 3 parks nearby

Living Area

Above average

25% larger than neighborhood avg.

Year Built

Below average

16 yrs older than neighborhood avg.

Mother tongue

English · 76%Tagalog · 11%

Past 10 years St. John'S sales snapshot (~80% of all data)

Sold Count

1,054

Median price

230k

$/sqft

$193/sqft

Avg build year

1923

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Property score

52.9 is composed by the two sections below.

Property Score

56.5Fair
Living Area1,581 sqft79Good
Year Built190710Low
Lot Size2,923 sqft28Low
Neighbourhood Sales Activity59Fair

Community Score

47.6Low
Household Income60Fair
Education Level34Low
Housing Stress42Low
Core Housing Need38Low
Employment Health28Low

Neighbourhood Sales

St. John'S

How to read: Share of sales in each ~$50k price band for “st. john's” (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: #46110060

Community deep dive

$57K

Median household income

$61K

Average household income

26%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

21%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)652
Labour force participation rate48%
Median age30.4
Avg household size2.8
Unemployment rate20%
Population density8150 / km²

Households & income

Low income (LIM-AT, % pop.)26%
Single-person households21%
Couple families with children21%
Median household income (2020)$57K

Housing

Renter households64%
Condominium dwellings0%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)23%
Visible minority28%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 11%

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

Rankings

Living Area

above average
1,581 sqft
0255075100
Same streetTop 7%Same areaTop 18%CitywideTop 26%
Same street · Boyd Avenue
#36 / 484
Top 7% · Avg 1,047 sqft
Same area · St. John'S
#440 / 2,462
Top 18% · Avg 1,261 sqft
Citywide · Winnipeg
#51,101 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

below average
66k
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideBottom 1%
Same street · Boyd Avenue
#483 / 484
Bottom 1% · Avg 167.7k
Same area · St. John'S
#2,458 / 2,462
Bottom 1% · Avg 200.9k
Citywide · Winnipeg
#194,368 / 194,458
Bottom 1% · Avg 390.1k

Year Built

below average
1907
0255075100
Same streetBottom 21%Same areaBottom 20%CitywideBottom 4%

Lot Size

around average
2,923 sqft
0255075100
Same streetBottom 34%Same areaBottom 13%CitywideBottom 9%

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

494 Boyd Avenue — 17 amenities found within 500 m, across 8 categories, including 1 education (nearest 452 m), 1 healthcare (nearest 271 m), 4 shopping (nearest 162 m).

Search radius
🏫Education1
🏥Healthcare1
🛒Shopping4
🌳Parks3
🏦Finance1
Fuel Stations1
Worship5
🏛️Government1

Crime & Safety

St. John'S · WPS public data · 2026

Annual incidents

101

2026

vs. city avg

+242%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

40%

Sales History

494 Boyd Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 494 Boyd Avenue, Winnipeg

Property Summary

Main Living Area: 1,581 sq. ft. (above average for the street, area, and city)
Year Built: 1907
Land Area: 2,923 sq. ft.
Assessed Value: $66,000 (well below average for the street, area, and city)


1. Key Characteristics, Appeal, and Ideal Buyer

This is a roomy house by Winnipeg standards—especially for its street—built in the early 1900s. The living area is the standout feature: it ranks in the top 7% on Boyd Avenue, top 18% in St. John’s, and top 26% citywide. That means more interior space than most homes nearby, which is worth paying attention to if you need square footage on a modest lot.

The lot itself is average-sized, and the assessed value is notably low—bottom 1% across every comparison. That combination (generous house, low valuation) can be either a red flag or an opportunity, depending on your risk tolerance and plans.

Where the appeal lies: The appeal isn't curb appeal or a prime location. It’s in the potential. A buyer who sees past the dated exterior and low valuation could find a solid shell with plenty of space to work with. The low assessment may also mean lower property taxes relative to similarly sized homes.

Who it suits: This property is best suited for a hands-on buyer who’s comfortable with the unknowns of an older home—someone who either has renovation experience or is willing to hire knowledgeable help. It could also work for an investor looking for a value-add play in an established neighbourhood, or for someone who wants a lot of interior space without paying a premium for a trendy area.

A less obvious perspective: The low assessed value paired with above-average living area might suggest the house hasn't been updated in a way that’s reflected in the tax roll. That doesn’t mean it’s unsalvageable—but it does mean the value is currently tied up in square footage and location potential, not finishes. For the right buyer, that gap is where the opportunity sits.


2. Five Potential FAQs

Does a low assessed value mean the house is in bad shape?
Not necessarily. Assessed value is based on market data and condition estimates, but it can lag behind or reflect outdated features. It often points to a home that needs updating rather than one that’s structurally unsound. A home inspection is the best way to tell the difference.

How much renovation might a 1907 home typically need?
It depends on what’s been done over the years. With a house this old, you can expect potential issues with plumbing, electrical, insulation, and foundation work. Some older homes have updated systems; others don’t. The low assessed value here suggests recent updates are limited. Budget for surprises.

Is St. John’s considered a good neighbourhood for resale?
St. John’s is an established, inner-city Winnipeg neighbourhood with a mix of older homes and a stable community. Resale value tends to be moderate compared to the city as a whole, but homes with significant square footage and updated interiors can stand out in this market.

Could the lot size limit what I can do with the property?
At just under 3,000 sq. ft., the lot is about average. It’s not a big yard, so major additions or extensive landscaping are probably off the table. But for someone focused on interior space, the lot is practical rather than a selling point.

Why does the living area rank so much higher than the assessed value?
This often happens when a home has generous room sizes and floor plan but hasn’t been renovated to modern standards, or when the local market doesn’t reward older finishes. The ranking data confirms the house is spacious, but the low value suggests the market sees it as undervalued or unimproved—not necessarily as a bargain basement wreck.

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