Property Overview: 450 St Jean Baptiste Street, Winnipeg

Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1920, sits on a standard city lot in Central St. Boniface. Its primary appeal lies in offering more space than is typical for the area. With 1,650 sqft of living area, it ranks in the top 20% for size compared to its immediate neighbours, providing a sense of roominess often hard to find in established neighbourhoods. The property features a renovated basement and a detached garage.

While the home itself is older, its assessed value is notably above average for the street and neighbourhood, suggesting it has been well-maintained or updated. The recent sale price also reflects a premium position locally. This isn't a sprawling property, but rather a well-scaled home that makes efficient use of its space on a manageable lot.

This property would suit a buyer looking for character and established community charm in St. Boniface, but who prioritizes interior living space over a large yard. It’s ideal for someone who appreciates a home that stands out in its immediate context for its size and perceived value, without being a massive, high-maintenance project. It may also appeal to those who see value in a renovated basement as flexible living or storage space.

Frequently Asked Questions

Is the lot size a disadvantage?
Not necessarily. While the land area is around average for St. Boniface, it is below the city-wide average. This translates to less yard maintenance, which can be a benefit for many buyers, and allows the home's generous living area to be the focus.

What does an "above average" assessed value indicate?
A higher assessed value compared to nearby homes often signals that the property is in better condition, has seen significant improvements, or has desirable features not fully captured in basic metrics. It's a useful indicator of its standing within the local market.

How significant is the 1920 build date?
The age is typical for the core of St. Boniface. While it implies a character home, it also means potential buyers should pay close attention to the condition of major aging components like the roof, wiring, and plumbing, which may have been updated over time.

Who might the detached garage appeal to?
Beyond vehicle storage, a detached garage is valuable for hobbyists, woodworkers, or those needing a dedicated workshop space. It also offers flexible storage solutions separate from the main house.

The home sold recently. What does that mean for me?
The recent sale provides a clear, current market value benchmark. For a potential buyer, it emphasizes that this is a turn-key property in a desirable location, not a long-vacant project. It also sets a strong reference point for future value assessments.