Property Overview & Key Characteristics
This property at 208-232 Goulet Street in Winnipeg's Central St. Boniface neighbourhood is a modern build from 2005, making it significantly newer than most homes on its street and in the wider area. Its primary appeal lies in this contemporary foundation within a well-established, historic community. With 1,018 sqft of living space, it offers a practical layout that is above average for Goulet Street itself.
The data suggests it best suits a specific type of buyer: someone seeking a low-maintenance, newer construction home without leaving a central, character-rich neighbourhood. It appeals to those who value modern building systems and efficiency over ornate historical details. The assessed and recent sale values position it as a more accessible entry point into the area, potentially fitting first-time buyers or investors looking for a straightforward, modern property in a stable location.
A less obvious perspective is that its "newness" relative to its surroundings is a double-edged sword. While it promises fewer immediate repair concerns, it may lack the architectural charm and larger lot sizes found in older homes nearby. Its value proposition is rooted in practicality and modern convenience within a classic Winnipeg neighbourhood.
Frequently Asked Questions
1. What exactly is being sold here?
The address format (208-232) and the listing details indicate this is likely a condominium or apartment-style unit within a larger building or complex on Goulet Street, not a standalone house.
2. Why is the assessed value so much lower than the recent sale price?
The property sold for $23,500 in June 2022, which was significantly higher than its $22,600 assessed value. This is not uncommon, as sale prices are determined by the current market, while assessed value is an administrative valuation for tax purposes, often lagging behind rapid market shifts.
3. Does "No Basement" mean there's no additional storage?
The listing specifies "No Basement," which is typical for many apartment/condo buildings. Storage or utility space would be confined to the unit itself or possibly a designated locker area within the complex.
4. How does its age compare to other homes nearby?
Built in 2005, it is a modern outlier. On Goulet Street, it ranks in the top 2% for being new, with comparable homes averaging a build year of around 1994. In the broader Central St. Boniface area, the average home is notably older.
5. Is the living space of 1,018 sqft considered large for the area?
Within the immediate Goulet Street context, its living area is above average (top 27%). However, compared to all homes in Central St. Boniface and citywide, it falls right around the typical average, making it a comfortably standard-sized unit for Winnipeg.