Property Overview & Key Characteristics
This is a compact, one-storey home on Dollard Boulevard in Winnipeg's Central St. Boniface neighbourhood. Built in 1905, it sits on a 3,021 sqft lot with 721 sqft of living space. The home includes a basement (not renovated) and a detached garage. The data indicates it is a notably modest property in its immediate area, ranking well below local averages for lot size, living area, and year built. Its most defining characteristic is its very low assessed value, which is the lowest on its street and in the bottom tier for the neighbourhood and city. The last recorded sale was in July 2017 for $15,800.
Appeal & Ideal Buyer
The primary appeal lies in its position as an entry-point property in a central, established neighbourhood. It represents a rare opportunity for land value in St. Boniface at an accessible price point. This home would suit a specific type of buyer: a hands-on renovator or builder looking for a "blank slate" project, an investor seeking a low-cost holding property with future redevelopment potential, or a buyer with minimal space needs for whom location is the top priority. Its value is not in its current condition or size, but in its possibilities and its address. A thoughtful perspective is that its low footprint and utility costs could align with a minimalist or environmentally conscious lifestyle, despite the home's age.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes?
The assessment reflects the home's very small size (721 sqft), its age (1905), and its condition relative to neighbouring properties. It is assessed purely as a modest, older dwelling, not for its potential redevelopment value.
2. What does "below average" in the rankings mean for a buyer?
It quantifies that this home is an outlier in its area—smaller, older, and valued lower than most comparable properties. This isn't necessarily negative; it explains the low price and highlights it as a unique, value-driven option in a desirable location.
3. Is this a tear-down property?
While the data suggests it could be a candidate for eventual replacement due to its age and size, this is not a given. It could also be a extensive renovation project. Buyers should conduct thorough inspections and consult local zoning bylaws to understand the full scope of possibilities.
4. What is the neighbourhood like?
Central St. Boniface is a historic, well-established Winnipeg community known for its character, amenities, and francophone culture. This property offers a chance to enter that neighbourhood at a threshold typically not available.
5. How significant is the "unrenovated basement"?
This indicates the basement is in original or utilitarian condition, not finished as living space. Buyers should budget for potential moisture management, foundational updates, and any desired improvements to make it functional for storage or utilities.