Property Summary: 427 Aulneau Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home on a standard-sized lot in Central St. Boniface. Built in 1946, it is notably newer than many neighbouring houses, which may suggest fewer concerns related to very old infrastructure. The home’s primary feature is its renovated basement, adding functional living space to the modest 767 sqft main floor. With a detached garage and no pool, it presents as a practical, low-maintenance property.
Its appeal lies in its location within a historic, established neighbourhood and its potential as an efficient, manageable footprint. The lot size is typical for the area, offering outdoor space without being burdensome. The significantly below-average assessed value and recent sale price point to an accessible entry point into the market.
This property would best suit first-time buyers, downsizers, or investors seeking a character-area home with a modernized basement at a value-conscious price. It’s for those who prioritize location and lot over interior square footage and are comfortable with a cozy main living area.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is notably compact, ranking in the bottom 10-15% compared to similar homes on its street, in the neighbourhood, and across Winnipeg. This emphasizes a efficient use of space, with the renovated basement serving as a crucial expansion of the usable area.
2. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value is for taxation purposes and is significantly lower than the home’s recent sale price. The sale price is a more accurate reflection of its market value, though it was still below the citywide average for sold homes.
3. What does "renovated basement" typically mean for a home of this era?
While specifics aren’t provided, in a 1946 home this often indicates updated finishes and likely efforts to address moisture control and insulation. A professional inspection is recommended to verify the quality and compliance of the renovations.
4. The home is newer than neighbours, but what are the implications?
Being built in 1946, it may incorporate slightly more modern construction materials and techniques than the many pre-1920 homes in St. Boniface. However, it is still an 80-year-old structure, so standard inspections for aging roofs, plumbing, and electrical systems remain essential.
5. Who might find the detached garage a particular benefit?
Beyond vehicle storage, it offers flexible space for a workshop, hobby area, or additional storage—a valuable asset given the home’s smaller interior square footage. It also provides potential for future conversion, subject to local bylaws.