Property Overview
This two-storey home on De La Cathedrale Avenue in Central St. Boniface presents a compelling blend of space, location, and value. Built in 1956, it offers a generous 2,136 sqft of living area, which is notably larger than most homes in both the immediate area and across Winnipeg. The property sits on a 4,063 sqft lot and includes a renovated basement and a detached garage.
The appeal lies in its above-average metrics for the neighbourhood. It ranks in the top tier for living space and assessed value locally, suggesting a home that offers more room and perceived value than many surrounding properties. Its lot size is also substantial for the street itself. The renovated basement adds functional, modernized space. This isn't just a standard home for the area; it's one that stands out in terms of scale.
This property would suit buyers looking for a spacious family home in a well-established, central neighbourhood without the premium price tag of newer builds. It’s ideal for someone who values interior square footage and a renovated lower level over a brand-new construction. It could also appeal to a value-conscious buyer who understands that a higher assessed value relative to the area often correlates with a more substantial or updated property.
Frequently Asked Questions
What does the "above average" ranking actually mean for a buyer?
It means that compared to similar homes in Central St. Boniface, this property scores in the top 7-17% for key features like living area and assessed value. In practical terms, you are getting more house and land for the neighbourhood than most.
The home was built in 1956. What should I consider?
While the structure is sound and newer than many area homes, systems like plumbing, electrical, and the roof will be nearing or past their typical lifespan. A thorough inspection is essential. The renovated basement is a positive update.
How significant is the detached garage?
In a mature neighbourhood where many homes have only carports or street parking, a detached garage is a valuable asset for vehicle protection, storage, and potential workshop space.
The last sale was in 2019 for $39.5k. Why is the assessed value now $52.9k?
The sale price from 2019 is not a reflection of market value; it may have been a non-arms-length transaction between family members. The current assessed value is the city's estimate for taxation purposes and is a better, though not perfect, indicator of its relative worth compared to other properties.
Who might this home not suit?
Buyers seeking a modern, open-concept layout or a pristine, turn-key property may find the 1956 floor plan and potential for updates a drawback. It also may not suit those wanting a very large yard, as the lot is generous for the street but average for the wider neighbourhood.