Property Overview: 440 Jeanne D'Arc Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central St. Boniface presents a compelling blend of character and practicality. Built in 1948, it is notably newer than many neighbouring homes, suggesting potentially fewer concerns with aging infrastructure. With 1,536 sqft of living space, it offers more room than the average home in both the immediate area and city-wide, providing comfortable scale for a family or those who value spaciousness. A key feature is the renovated basement, adding valuable finished space. The property sits on a 4,745 sqft lot with a detached garage, offering outdoor flexibility.
Its appeal lies in its strong positional metrics within a desirable, established neighbourhood. The data indicates it consistently ranks above average for its street and Central St. Boniface in critical categories like living area, year built, and assessed value. The significant jump in sale price from 2019 to 2024 reflects both market trends and the home's perceived value. This property would suit buyers looking for a move-in-ready home with modern updates (like the basement) in a mature neighbourhood, who appreciate a home that stands out positively against its local peers in terms of size and relative modernity. It’s a solid choice for those who want character without the extreme upkeep sometimes associated with much older homes.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
While the home itself is spacious, the 4,745 sqft land area is slightly below the average for Jeanne D'Arc Street but is very typical for Central St. Boniface. It offers a standard urban yard for the area.
2. What does the "above average" assessed value indicate?
A consistently above-average assessed value compared to nearby homes often reflects a combination of the home's larger living area, newer construction date (for the street), and renovations. It suggests the property has been maintained in a way that municipal assessment recognizes.
3. Is the detached garage a plus or a minus?
This depends on preference. A detached garage provides flexibility (e.g., for a workshop) and can reduce noise in the house. However, it is less convenient in Winnipeg winters compared to an attached garage.
4. The home sold for $550k in 2024 but was assessed at $44.5k. Why the huge difference?
This is a common point of confusion. The $44.5k figure is the taxable assessed value used by the city for calculating property taxes, not the market value. The market sale price of $550k is what a buyer actually paid.
5. The data shows it's "newer" than neighbours, but it's still 78 years old. What should I consider?
While it's an older home, being built several years after many on the street can mean construction methods or materials differ. It underscores the importance of a thorough inspection focused on updates to major systems (roof, wiring, plumbing) and the quality of the basement renovation.