Property Overview & Key Characteristics

This two-storey home at 517 Langevin Street in Central St. Boniface is a property defined by its contrasts. Built in 1910, it offers generous living space of over 1,900 sq ft, which is notably larger than most homes on its street and across Winnipeg. This makes it a standout for buyers seeking room without a modern suburban footprint. The lot size is closer to the neighbourhood average, providing outdoor space without extensive maintenance demands.

Its primary appeal lies in its value proposition within a historic and sought-after area. The assessed value sits around the local average, suggesting a fair entry point into St. Boniface. The home presents a clear opportunity for customization, as it features an unrenovated basement and, by virtue of its age, likely requires updates. This property would best suit a practical buyer or investor who values space and location over move-in-ready finishes. It’s ideal for someone with a vision for gradual improvements or who needs the square footage more than contemporary amenities, offering a canvas to create value in a well-established community.

Frequently Asked Questions

1. What does "unrenovated basement" typically mean for a 1910 home?
It generally indicates original or largely untouched conditions. Buyers should budget for potential updates to plumbing, electrical, insulation, and moisture control to modernize the space, while also checking for historical character elements worth preserving.

2. The home sold for $31,900 in 2016 but is now assessed at $330,000. What explains this?
The 2016 sale price is extremely low for a residential property and strongly suggests it was not a standard market transaction. It may have been a transfer between family members, a sale with underlying conditions, or a nominal price for land value only at the time. The current assessment reflects its market value as a standing house.

3. With no garage, what are parking options?
The property likely relies on street parking. Buyers should verify local permit requirements, seasonal parking restrictions, and observe typical availability on the street.

4. How significant is it that the living area is "above average" for the area?
It’s a key advantage. In older neighbourhoods, many homes have smaller, compartmentalized rooms. This home's larger footprint suggests more spacious rooms or a more adaptable layout, which is a less common find and can offset the work needed in other areas.

5. The Year Built is ranked as "below average" (older). What should I consider?
An older home like this requires a focus on the major systems. While charm and build quality are often positives, priorities for an inspection should include the age and condition of the roof, foundation, wiring, and plumbing. The rankings highlight that this is one of the older homes on the block, so due diligence is essential.