Property Overview & Key Characteristics
This 1973 home at 254 Bertrand Street in Central St. Boniface presents a practical and straightforward opportunity. Its key appeal lies in its efficient use of space and recent updates. With 1,008 square feet of living area, it offers more space than most homes on its own street, while sitting comfortably around the average for the wider neighbourhood and city. A recently renovated basement adds functional living space and modern appeal.
The home’s assessed value is notably strong for Bertrand Street, ranking in the top 10% locally, yet it remains aligned with average values in St. Boniface and Winnipeg overall. This suggests a property that holds its value well within its immediate context. The absence of a garage and the older building age are balanced by the updated basement and efficient floor plan.
This property would suit a first-time buyer or an investor looking for an affordable, low-maintenance entry into the established St. Boniface area. It’s also a sensible fit for someone who values functional, renovated space over extra features like a garage or a newer build, and who appreciates a home that performs well on key metrics within its own community.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement has been renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, and whether it includes a legal secondary suite or additional bedrooms.
2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should investigate on-street parking permits, the availability of a driveway or rear lane, and consider the cost and feasibility of adding a shed or other storage solutions.
3. The home is older than average for the area. Should I be concerned?
Built in 1973, it is older than many area homes. This makes a thorough inspection crucial, focusing on foundational integrity, roof condition, and updates to major systems like plumbing and electrical, which may be due for replacement.
4. The assessed value seems high for the street but average for the city. What does this mean?
This indicates the property is considered one of the more valuable homes on Bertrand Street itself, likely due to its size and renovations. Its value is consistent with the broader market, suggesting it's not overvalued but is a standout on its specific block.
5. What are the immediate next-door properties like?
The listing data shows the identical address for neighbouring properties, which is likely a data error. Researching the actual adjacent homes via a street-view map or in-person visit is essential to understand the lot lines, proximity of neighbours, and the overall streetscape.