Property Overview: 256 Bertrand Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 256 Bertrand Street in Central St. Boniface presents a practical and value-oriented opportunity. Built in 1973, its key appeal lies in its above-average living space (1,008 sq ft) for its immediate street and a recently renovated basement, adding functional square footage. The assessed and recent sale values are consistently modest, positioning it as an accessible entry point into the market.
Its appeal is grounded in practicality rather than luxury. The home suits first-time buyers seeking a solid foundation without a high price barrier, or investors looking for a straightforward rental property with a history of stable value. A thoughtful perspective is its relative size advantage on Bertrand Street itself—it offers more space than most direct neighbors, which is a notable perk in an older, established area. The lack of a garage is a trade-off for the lower price point, but the renovated basement provides crucial flexible space for storage, a workshop, or a recreation area.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, yes. The home’s sale price has been consistently around or slightly above its assessed value, indicating a stable market price. It sits in the middle range for the broader St. Boniface neighborhood and citywide, suggesting you’re paying a fair, established price without a premium for the location.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the permits, quality of finishes, moisture control, and the intended use of the space (e.g., is it a legal suite, a family room, or simply finished storage?).
3. How does the age of the home (1973) affect it?
While older than the average home on its street, its core systems (roof, wiring, plumbing) are likely original or have undergone partial updates. A pre-purchase inspection is highly recommended to budget for potential updates, which is a common consideration for homes of this vintage.
4. There’s no garage. Where is parking, and is street parking reliable?
The listing shows no garage. Buyers should verify on-site parking (likely a driveway) and research City of Winnipeg street parking regulations for the specific street, including any seasonal restrictions or permit requirements.
5. The home seems small city-wide but large for its street. What does this mean?
This contrast is important. It means that while the home’s size is typical for Winnipeg overall, it stands out positively on its own block. This could be an advantage for livability but may not dramatically influence resale value compared to the broader neighborhood trends.