437 De La Morenie Street

Property Overview: 437 De La Morenie Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1922, presents a classic character home opportunity in Central St. Boniface. Its key features include a renovated basement and a detached garage on a 3,905 sqft lot. With 1,104 sqft of living space, it offers a manageable footprint.

The appeal lies in its established, tree-lined neighbourhood and its position as a solid, average-sized property within its immediate area. The data suggests it's not an outlier; its lot size, living area, and age are generally on par with neighbouring homes, offering a sense of consistency and stability. A notable point is its assessed value, which ranks above average for its specific street, potentially indicating perceived value or desirability within that micro-location.

This home would suit a buyer looking for a character property without the extreme maintenance demands of a much larger or older estate. It’s ideal for small families, couples, or downsizers seeking the charm of St. Boniface in a home that aligns with the neighbourhood's typical scale. The renovated basement adds functional space, appealing to those wanting some modern convenience within a historic frame.

Frequently Asked Questions

1. How does the property compare to others nearby?
The home is very typical for De La Morenie Street and Central St. Boniface in terms of lot size, age, and living area. Its assessed value, however, is stronger than most on its specific street, ranking in the top 27%.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the listing agent regarding permitted uses, ceiling height, moisture control, and the quality of the renovation.

3. Is the detached garage a standard size?
The listing notes a detached garage but does not provide dimensions. Given the lot size is near the neighbourhood average, the garage is likely a standard single-car structure, but verification is recommended.

4. The home was last sold in July 2019. What might this indicate?
The 2019 sale price was $280k. This recent turnover (within 5 years) could suggest a well-maintained property or potentially a flip. It underscores the importance of a thorough inspection and understanding the nature of any updates made during that ownership.

5. How does the assessed value relate to the likely market price?
The assessed value is $35,300, but this is for municipal tax purposes and is typically much lower than market value. The 2019 sale at $280k is a more relevant benchmark, though current market conditions will determine today's price.