Property Overview: 130 Masson Street, Central St. Boniface
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1941, sits on a notably spacious lot in Central St. Boniface. Its land area of over 5,000 sq ft is well above average for both the immediate street and the neighbourhood, offering a rare level of outdoor space and potential in this established area. The home itself features a renovated basement and a detached garage. While the living space is in line with area norms, the property’s standout appeal lies in its land value and location. It suits a practical buyer who values a large yard for gardening, recreation, or future expansion more than a large interior footprint. It would also appeal to those interested in the character of St. Boniface who see the underlying value in a sizable, serviced lot within the city. A thoughtful perspective is that, while the house is from the 1940s, it is actually newer than many on its street, potentially meaning fewer concerns with very old infrastructure. The above-average assessed value for the area suggests the property is already recognized for its positive attributes.
Section 2: Frequently Asked Questions
1. What does the "above average" land ranking actually mean?
It means the lot is larger than 87% of similar properties on Masson Street and 67% of those in Central St. Boniface. This is the home's most distinguishing physical feature.
2. Is a renovated basement included?
Yes, the listing confirms the basement has been renovated.
3. How does the assessed value relate to the likely selling price?
The property last sold in 2016 for $38,500 and is now assessed at $42,800. This assessed value is for municipal tax purposes; market conditions will determine the final sale price. The assessment being above neighbourhood averages indicates strong municipal valuation.
4. What is the house's condition given its age?
Built in 1941, it is an older home. Prospective buyers should budget for expected maintenance and updates common to houses of this era, though a renovated basement is a positive start.
5. Who are the most likely buyers for this property?
It's ideal for first-time buyers or downsizers seeking a large yard in a central neighbourhood without paying for excess indoor space. It also suits value-oriented investors or renovators who see potential in the substantial lot.