Property Overview: 349 Bertrand Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in Central St. Boniface is defined by its generous, mature lot and solid, renovated foundation. Built in 1945, the house itself offers a comfortable 1,419 sqft of living space, which is notably above average for its immediate street. The standout feature is the 7,234 sqft property lot, placing it in the top 2% for land size on Bertrand Street. This presents a rare opportunity for a central neighbourhood, offering ample space for gardening, recreation, or future expansion. The home benefits from a renovated basement, adding functional living area. Recent sale data from late 2023 shows strong value appreciation in the area.
Its appeal lies in this combination of a character home in a well-established neighbourhood with the added value of significant outdoor space—a growing premium in urban settings. It would suit a buyer looking for a home with inherent character and "elbow room," who values the potential of the land as much as the existing structure. It’s ideal for someone comfortable with a home of this era who appreciates the stability and community of St. Boniface, and who may see the lot size as a long-term investment or a canvas for personalization.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, ceiling height, moisture control, and whether it includes a separate entrance or legal secondary suite potential.
2. How does the assessed value relate to the recent sale price?
The 2024 assessed value is significantly lower than the late 2023 sale price. This is common, as assessed values for taxation often lag behind rapid market shifts. The sale price is the clearer indicator of current market value.
3. What are the implications of having no garage?
The property has no garage. Buyers should consider the cost and feasibility of adding a garage or carport, factoring in the ample lot size as a positive, and explore on-street parking permits or the potential for creating a dedicated driveway.
4. The home is older—what should I investigate?
While updated, a 1945 home will have vintage systems. A thorough inspection should focus on the foundation, roof age, plumbing and electrical updates, and insulation levels to plan for future maintenance or upgrades.
5. Why is the lot size significant in this context?
In a central neighbourhood, a lot in the top 2% for its street is a substantial asset. It provides privacy, space, and options that are increasingly scarce, potentially offering better long-term value retention and flexibility than the house alone.