Property Overview & Appeal
This 970 sqft property at 4-210 Goulet Street in Central St. Boniface is a modest, no-frills home built in 1979. Its key characteristic is its straightforward, affordable entry point into the Winnipeg market. The appeal lies in its practicality: it offers average living space for the area at a very low assessed value, resulting in correspondingly low property taxes. It last sold for $19,500 in late 2022. The home has no basement, garage, or pool, positioning it as a lean investment.
This property would best suit a highly budget-conscious buyer, such as an investor looking for a minimal-carry-cost rental, or an owner-occupant seeking the absolute lowest barrier to homeownership who is comfortable with a basic structure. A thoughtful perspective is that its older building age (47 years) within a historic neighbourhood like St. Boniface may mean future maintenance considerations, but it also represents a rare, low-cost foothold in a central, culturally rich community.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical Winnipeg homes?
The assessed value of approximately $21,100 is significantly below the city average, reflecting the home's age, modest size, and lack of additional features like a basement or garage. This directly translates to lower annual property taxes.
2. What does the "rank" information for Year Built mean?
The data shows that for its year built (1979), this home is older than 90% of comparable properties on its own street, ranking 43rd out of 48. This indicates it's on an older block, which is an important factor for maintenance planning and understanding neighbourhood character.
3. Is this a standalone house or a different building type?
The listing does not specify a building type (e.g., detached, semi-detached, condo), and the addresses of nearby properties (e.g., 1-210, 2-210 Goulet Street) suggest this could be a condo, townhouse, or other multi-unit structure. This is a critical detail to verify.
4. How does the 2022 sale price relate to the current assessed value?
The home sold for $19,500 in November 2022, which is slightly below its current assessed value of $21,100. This close alignment suggests a stable, low-value market for this specific property type.
5. What are the main trade-offs with a home at this price point?
The primary trade-off is space and features for extreme affordability. You gain very low ownership costs but must be prepared for a home with no basement storage or utility space, no garage, and an older building that may require updates or repairs.