Property Overview

This one-and-a-half storey home on a generous lot in Central St. Boniface presents a solid opportunity for a specific buyer. Built in 1945, its key appeal lies in its above-average living space and a significantly larger-than-typical lot for the area, offering room to breathe and potential for outdoor projects or expansion. The home features a renovated basement and a detached garage. While the assessed value is competitive for the immediate neighbourhood, the home's age is a factor to consider, placing it among the older properties city-wide.

Its appeal is grounded in space and location. The lot size is in the top 20% on its own street and top 4% within the sought-after Central St. Boniface neighbourhood, making it a standout for buyers prioritizing yard space. The living area is also consistently above average across all comparisons. This property would suit a buyer looking for character in a mature, established neighbourhood who values the potential of a large lot over a newer build. It's a practical choice for someone comfortable with a home of this era, possibly seeing the renovated basement as a key modern update, and who may view the last sale price (well below current assessed value) as an interesting point for discussion.

Frequently Asked Questions

Q: How does the lot size compare to typical properties?
A: The 7,501 sqft lot is a major feature. It's significantly larger than the average lot in Central St. Boniface (top 4% in the neighbourhood) and above average even for its own street.

Q: What should I consider about the home's age?
A: Built in 1945, the home is older than the Winnipeg city-wide average. While it may have classic charm, this typically means planning for maintenance and updates to mechanical systems, windows, or insulation that align with modern standards.

Q: The assessed value and last sale price seem far apart. Why?
A: The property last sold in 2016 for $26,300k, while the current assessed value is $36.60k. This gap highlights market changes over eight years and suggests the assessment sees increased value, but the final market price will be determined by current conditions and the property's state.

Q: Is the living space adequate for a family?
A: With 1,617 sqft of living area, the home is spaciously sized compared to most in the area (top 20% in the neighbourhood). The layout of a one-and-a-half storey and the renovated basement would be key factors in determining if the flow works for a specific family's needs.

Q: What is the context of the "below average" sale price badges?
A: The data shows the 2016 sale price was below the average for the street, neighbourhood, and city at that time. This historical point may reflect the property's condition or market moment then, but it does not directly predict its value in today's market.