46 Georges Forest Place

Property Overview: 46 Georges Forest Place

Section 1: Key Characteristics & Appeal

This well-located one-storey home in Central St. Boniface is defined by its balance of a modern build year and a manageable scale. Built in 2002, it is a notably newer property within a neighbourhood of mostly older homes, suggesting potentially lower maintenance and updated core systems. The home features a renovated basement and an attached garage, with a living area of 1,277 sq ft that aligns with the city-wide average for comfortable, efficient living.

Its primary appeal lies in its context. The lot size, while below average for its immediate street, is above average for the sought-after Central St. Boniface area, offering a good balance of yard space and location. The assessed value is high relative to both the neighbourhood and the city, which often reflects a desirable address and solid property fundamentals. This property would suit a buyer looking for a move-in-ready, modern bungalow in a mature neighbourhood without the upkeep of a century home. It’s a practical choice for downsizers, small families, or professionals who value the character and convenience of St. Boniface paired with a newer construction timeline.

Section 2: Frequently Asked Questions

1. Is the lot size a disadvantage?
While the land area is smaller than others on Georges Forest Place, it is actually larger than the typical lot in Central St. Boniface. This means you get a yard that is manageable yet still above the neighbourhood norm, reducing upkeep while providing private outdoor space.

2. Why is the assessed value so high compared to the living area?
The assessed value reflects more than just square footage. It accounts for the desirable location in St. Boniface, the modern build year (2002), the renovated basement, and the above-average lot size for the neighbourhood. Value here is driven by a combination of factors where the home sits.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished living space, a modernized utility area, or includes legal secondary suite potential.

4. How does this home compare to others on the street?
Data shows it is one of the newer homes on the street (built 2002) but has the smallest living area and one of the smaller lots on Georges Forest Place. This positions it as a more modern, low-maintenance option among potentially larger, older homes on the block.

5. Is this a good investment for the area?
The home’s above-average assessed value for St. Boniface indicates it is already positioned in the upper tier of the local market. Its newer age and renovated condition are strong assets, but future value growth will be tied to broader market trends and how its specific features continue to appeal to buyers in this niche.