Property Overview: 164 Masson Street, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war one-storey home in Central St. Boniface, built in 1949. Its primary appeal lies in its generous 5,036 sqft lot, which is notably larger than most on its street and in the immediate neighbourhood. This presents a significant opportunity for expansion, gardening, or outdoor living in a well-established area. The home itself is modest at 852 sqft of living space, with a renovated basement and a detached garage. The assessed and recent sale values are consistently in the average range for the area, suggesting a stable, entry-level point in the market.
The property suits practical buyers looking for a foothold in a character neighbourhood without a premium price tag. It’s ideal for a first-time homeowner comfortable with a smaller interior footprint who values the potential of a large yard, or an investor seeking a manageable rental property with land value. A less obvious perspective is that a home of this era on a larger lot may offer simpler construction for future renovations or an addition, compared to newer, more densely packed builds.
Frequently Asked Questions
1. Is the house too small?
At 852 sqft, the living area is below average for the city and street. It functions as a cozy home for one or two people. The renovated basement adds usable space, making it more practical than the main floor square footage alone suggests.
2. What does the "renovated basement" include?
The details aren’t specified here. A prospective buyer should clarify the scope, quality, and permits for this renovation to understand if it’s a finished living space, a utility update, or something in between.
3. Why is the lot size important?
The lot is significantly larger than many neighbours'. This is a key asset, offering more privacy, outdoor space, and future potential (like an addition, garden, or shed) that isn't available with a standard-sized lot in the same area.
4. How does the age of the home (1949) affect it?
Built in 1949, it’s newer than many homes on the street but will still have the characteristics of its era. Buyers should budget for potential updates to older mechanical systems, insulation, or windows, while possibly appreciating classic construction materials and layout.
5. What is the neighbourhood like?
Central St. Boniface is a historic, established community. The property’s average assessed value for the area indicates it’s in a typical, not premium, part of the neighbourhood. Close proximity to neighbouring houses is common, but the larger lot provides a buffer not all properties have.