Property Overview & Key Characteristics
This 872 sqft property at 102-163 Bertrand Street in Central St. Boniface is a compact, no-frills home built in 1986. Its primary appeal lies in its efficiency and location within a well-established, historic neighbourhood. The home lacks a basement, garage, or pool, positioning it as a straightforward, low-maintenance living space.
The data reveals a nuanced story. While its living area is below average for the immediate neighbourhood, it ranks well on its specific street and is near the city-wide average, suggesting it fits the scale of its closest surroundings. Notably, it is one of the newer homes on Bertrand Street, ranking in the top 3% for year built there. The assessed value is consistently around average at all comparison levels, indicating a stable, market-aligned valuation. Its last sale was in August 2021 for $20,700.
This property would best suit a first-time buyer, an investor, or a downsizer seeking an affordable entry into St. Boniface with minimal upkeep. It appeals to those who prioritize location and simplicity over space and features, offering a chance to live in a character-rich area without the maintenance demands of an older, larger home.
Frequently Asked Questions
1. What does "no basement" mean for storage and utilities?
The living space is entirely on the main floor. You’ll need to plan for in-suite storage solutions, and mechanical systems like the furnace and water heater will be housed in a closet or utility room within the 872 sqft footprint.
2. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and is around average for similar properties across Winnipeg. It reflects the home’s modest size and features. The sale price and assessed value are closely aligned, suggesting a stable, no-surprises valuation.
3. How does being a newer home on an older street affect the property?
Built in 1986, this home is newer than most on its block. This can mean more modern construction materials and potentially fewer immediate repairs than a century home, but it may have a different architectural character than its older neighbours.
4. Is the below-average living area for the neighbourhood a concern?
It indicates the home is more compact than many in Central St. Boniface. This translates to lower utility costs and less space to maintain, which can be an advantage for the right buyer, but it’s important to ensure the layout meets your spatial needs.
5. What is the practical implication of having no garage?
Parking will be on-street. This is common for the area, but prospective buyers should visit at different times to gauge parking availability. There is also no enclosed space for tools, bicycles, or seasonal items, which requires consideration.