379 Cabana Place

Property Overview: 379 Cabana Place, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1953, sits on a notably spacious lot in Central St. Boniface. Its primary appeal lies in the combination of a large, 6,155 sqft property—significantly above the neighbourhood average—and a recently renovated basement, offering immediate modern living space and potential. The detached garage adds practical storage or workshop space.

The home’s living area is efficient at 1,295 sqft, which is comfortably above average for its immediate street. The data suggests a property that balances a generous outdoor footprint with a manageable interior, ideal for those who value private outdoor space over excessive square footage indoors. Its assessed value positions it as a mid-range option within a sought-after area, potentially offering good value.

This property would best suit a buyer looking for a character home in a mature neighbourhood who prioritizes land size and has an eye for future potential. It’s a strong fit for someone wanting room for gardens, play, or expansion, and who appreciates the convenience of a move-in-ready basement renovation. The stats indicate it’s a standout property on its street in terms of lot size and living space, offering a sense of rarity in a well-established community.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others in Winnipeg?
The 6,155 sqft lot is larger than approximately 72% of residential properties citywide, making it a notably spacious parcel, especially within a central neighbourhood.

2. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specific details on finish quality, layout, or permits should be verified by a buyer's inspector and through direct inquiry with the seller.

3. Is the older age of the home (1953) a concern?
The year built is actually the newest on its street, ranking in the top 3%. While core systems will still require careful inspection, this suggests the home may be among the more updated in its immediate area structurally.

4. How is the assessed value determined, and what does it mean for the sale price?
The assessed value of $36,200 is for municipal tax purposes. Sale prices are market-driven; the last recorded sale was in 2016 for $31,500. The current listing price should be compared to recent sales of similar homes, not the assessed value.

5. The home sold eight years ago. What might this indicate?
The previous sale in 2016 suggests the sellers have owned the property for a typical period. This can indicate a stable ownership history, but buyers should still investigate any changes or improvements made during that time.