324 Simcoe Street

St. Matthews, Winnipeg

Property score

51.0

Fair

Overall 51.0 · Compared with neighbourhood average

1,284 sqft (top 34%) · Built in 1907 (10 yrs older than avg)

Located in a average-income area with median household income of ~56k

Transit 92.0 · 3-min walk to transit with 6 nearby routes · Within 500m: 11 dining spots, 1 school, 6 healthcare facilitys, and 6 shops nearby

Living Area

Near average

7% larger than neighborhood avg.

Year Built

Below average

10 yrs older than neighborhood avg.

Mother tongue

English · 64%Tagalog · 4%

Past 10 years St. Matthews sales snapshot (~80% of all data)

Sold Count

552

Median price

219k

$/sqft

$261/sqft

Avg build year

1917

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Property score

51.0 is composed by the two sections below.

Property Score

47.4Low
Living Area66
1,284 sqftGood
Year Built10
1907Low
Lot Size18
2,486 sqftLow
Neighbourhood Sales Activity61
Fair

Community Score

56.5Fair
Household Income60
Fair
Education Level54
Fair
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health42
Low

Neighbourhood Sales

St. Matthews

How to read: Share of sales in each ~$50k price band for “st. matthews” (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: #46110101

Community deep dive

$56K

Median household income

$59K

Average household income

30%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.2

P90 / P10 ratio

33%

Single-person households

15%

Families with children

Population, labour & age

Population (2021)402
Labour force participation rate54%
Median age32.0
Avg household size2.4
Unemployment rate17%
Population density5742 / km²

Households & income

Low income (LIM-AT, % pop.)30%
Single-person households33%
Couple families with children15%
Median household income (2020)$56K

Housing

Renter households48%
Condominium dwellings6%
Median dwelling value (owners)$200K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority23%
Bachelor's or higher (25–64)25%
Mother tongue (1st)English · 63%
Mother tongue (2nd)Tagalog · 3%

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

Rankings

Living Area

above average
1,284 sqft
0255075100
Same streetTop 24%Same areaTop 34%CitywideTop 43%
Same street · Simcoe Street
#77 / 327
Top 24% · Avg 1,105 sqft
Same area · St. Matthews
#497 / 1,455
Top 34% · Avg 1,195 sqft
Citywide · Winnipeg
#82,987 / 194,458
Top 43% · Avg 1,342 sqft

Tax-Assessed Value

below average
123k
0255075100
Same streetBottom 10%Same areaBottom 4%CitywideBottom 1%
Same street · Simcoe Street
#294 / 327
Bottom 10% · Avg 177.9k
Same area · St. Matthews
#1,394 / 1,455
Bottom 4% · Avg 205k
Citywide · Winnipeg
#191,892 / 194,458
Bottom 1% · Avg 390.1k

Year Built

around average
1907
0255075100
Same streetTop 38%Same areaBottom 35%CitywideBottom 4%

Lot Size

around average
2,486 sqft
0255075100
Same streetBottom 16%Same areaBottom 35%CitywideBottom 4%

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

324 Simcoe Street — 41 amenities found within 500 m, across 8 categories, including 11 dining (nearest 284 m), 1 education (nearest 323 m), 6 healthcare (nearest 190 m).

Search radius
🍽️Dining11
🏫Education1
🏥Healthcare6
🛒Shopping6
🌳Parks3
💪Sports1
Fuel Stations2
Worship11

Crime & Safety

St. Matthews · WPS public data · 2026

Annual incidents

62

2026

vs. city avg

+110%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Violent

42%

Sales History

324 Simcoe Street: 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: 324 Simcoe Street, Winnipeg

Property Overview & Key Characteristics

This 1907 one-storey home in St. Matthews offers a blend of historic charm and practical potential. Its key appeal lies in its generous 2,486 sqft lot, which ranks within the top 16% on its street, providing ample outdoor space in a central neighbourhood. The 1,284 sqft living area is comfortably above average for the immediate area. A notable characteristic is the home's very low municipal assessed value, which is in the top 10% on its street, suggesting significant potential for added value through updates. The property includes a detached garage and an unrenovated basement, presenting a clear canvas for customization.

It would suit a value-conscious buyer looking for a project—someone who sees opportunity in a structurally sound, century-old home on a large lot and is prepared to modernize the interior and basement over time. It's also a practical entry point into a well-established neighbourhood for those prioritizing land size and location over move-in-ready finishes.

Frequently Asked Questions

1. What does the low assessed value indicate?
A low assessed value relative to similar properties often reflects the home's original condition and unrenovated state. It can be an opportunity, as renovations and updates typically increase both market and assessed value, but it's essential to budget for those improvements.

2. Is the large lot size a benefit in this neighbourhood?
Absolutely. Ranking in the top 16% for lot size on the street is a significant asset in an older, central neighbourhood. It provides rare space for gardening, expansion, outdoor living, or future additions, subject to zoning bylaws.

3. What should I consider with a 1907-built home?
While offering character, a home of this age requires a thorough inspection. Focus on the foundation, roof, wiring, plumbing, and insulation. The unrenovated state means systems may be original or outdated, so renovation costs should be factored into your offer.

4. How does the living area compare to nearby homes?
At 1,284 sqft, the living space is larger than 76% of homes on the street, offering more interior room than many comparable properties. The listed "reference" homes show similar vintage homes often have living areas between 1,120 and 1,757 sqft.

5. What is the context for the "For reference" and "Worth viewing" properties listed?
These are nearby properties with similar assessed values or from the same neighbourhood, provided for market comparison. They help illustrate the range of home sizes, values, and conditions in St. Matthews, giving you a benchmark for this listing's price and potential.