Property Overview & Key Characteristics

This 948 sqft home at E-204 Goulet Street in Central St. Boniface is a practical, no-frills property built in 1982. Its key appeal lies in its position as an affordable entry point into the well-established, culturally rich St. Boniface area. The home sits on a street with several similar units, suggesting a condo or townhouse-style setting without a private garage.

Statistically, it presents a mixed picture: its year built is newer than many homes on its street and in the neighbourhood, but its assessed value and last sale price are below local averages. This indicates a property that may offer modernish basics for the area at a lower cost, but likely without high-end finishes or extensive updates. It would suit a first-time buyer, an investor, or someone seeking a low-maintenance foothold in a central location without the premium price tag of a larger, renovated character home. A thoughtful perspective is that its "below average" value metrics for the neighbourhood could represent a value opportunity for a buyer willing to live with the existing condition or make gradual improvements.

Frequently Asked Questions

1. What is the ownership structure?
The listing shows no basement, no garage, and multiple units at the same address (A-204 through F-204 Goulet Street). This strongly suggests the property is a condominium or townhouse-style unit, likely with monthly condo fees covering some exterior maintenance or shared amenities.

2. How does its value compare to the area?
Its last sale price of $190k was below the average for both Goulet Street and Central St. Boniface, but around the Winnipeg city-wide average. This positions it as a more affordable option within this desirable neighbourhood.

3. What does the "Year Built" ranking mean?
Built in 1982, it is newer than 77% of homes on Goulet Street and 79% in Central St. Boniface. This is a relative advantage, suggesting potentially fewer immediate concerns with aging infrastructure compared to the many century-old homes in the area.

4. Are there any obvious drawbacks from the data?
The data indicates no private garage, which is a consideration for parking and storage. The living area is slightly below the neighbourhood average, so space is efficient but not expansive.

5. What might explain the below-average assessed value?
An assessed value ($18,900) significantly lower than the sale price is common and reflects a municipal valuation for tax purposes, not market value. However, the fact that this assessed value is also below local averages hints that the unit may be modest in finishes, layout, or updates compared to other area homes.