Property Overview: 463 Jeanne D'Arc Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central St. Boniface is distinguished by its generous scale and prime location. Built in 1947, it sits on a large 7,092 sqft lot, which is notably above average for both the immediate street and the historic neighbourhood. With 2,202 sqft of living space, the home offers substantial room, ranking within the top 10% for size locally. Key features include an attached garage and a renovated basement.
The appeal lies in securing a character home with rare space in a sought-after, walkable community. Its lot size provides a sense of privacy and potential for gardens or outdoor living that is uncommon in the area. The home suits buyers looking for a established property in St. Boniface with room to grow or customize, without compromising on location. It’s particularly well-matched for those who value outdoor space as much as interior square footage, and who appreciate a home that stands above its peers in terms of assessed value and property footprint.
Section 2: Frequently Asked Questions
1. How does the sale history affect the current value?
The property sold very recently in July 2024 for $68,500, following a previous sale in 2019 for $570,000. This significant difference likely indicates the 2024 sale was not a standard market transaction (such as a transfer between family members). The 2019 price is a more relevant benchmark for market value.
2. What does the "Elite" or "Top %" ranking mean for the lot size?
The lot is in the top 5% for size within Central St. Boniface. This means it's significantly larger than most properties in the neighbourhood, offering more privacy, yard space, and potential than is typical for the area.
3. Is a 1947-built home a concern?
While the age is above the citywide average, it is actually newer than many comparable homes on its street and in St. Boniface. This suggests it may have updates or construction advantages over other character homes in the district. A thorough inspection is always recommended.
4. Who is the typical buyer for this property?
Given its space and location, it would suit a growing or multi-generational family seeking the charm and convenience of St. Boniface. It also appeals to buyers looking for a property with a large lot—a long-term asset that is increasingly rare in mature neighbourhoods.
5. How does the assessed value relate to the market price?
The assessed value for taxation purposes is $63,100, which is not an indicator of market value. It is a administrative figure used for calculating property taxes. The market price is determined by recent sales of comparable homes, like the 2019 sale of this property.