Property Summary: 464 Langevin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Central St. Boniface is defined by its substantial, above-average lot and a recently renovated basement. Built in 1962, it is notably newer than many homes in its immediate area and neighbourhood. With a living area of just over 1,300 sqft, the house itself offers average interior space for the market, but the true standout feature is the land. The property sits on a 6,372 sqft lot, which ranks in the top 25% on its street and the top 11% within St. Boniface, offering significant outdoor space and potential in a central location.
Its appeal lies in this combination of a large, private yard in a well-established neighbourhood, paired with the modernized utility of a renovated lower level. The detached garage adds practical storage or workshop space. It would suit a buyer looking for a solid, single-level home with room to garden, entertain, or expand outdoors, and who values a home that is newer than its historic neighbours without being a brand-new build. The above-average assessed value suggests the property is well-regarded in official valuations, which can be a point of consideration for future equity.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties?
The 6,372 sqft lot is a key asset. It is significantly larger than the average for both the immediate street and the broader St. Boniface area, placing it in the top 11% of the neighbourhood for land area.
2. What does the "renovated basement" include?
The listing confirms the basement has been 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 a combination.
3. The home was built in 1962. Is that a concern?
While 64 years old, the data indicates this is actually a newer build for Central St. Boniface, ranking in the top 14% for year built in the neighbourhood. This suggests many surrounding homes are older, potentially from the early 1900s.
4. Why is the assessed value higher than the last sale price?
The home was last sold in 2017 for $40,300 and is now assessed at $49,900. This increase reflects market changes and property improvements over seven years, including the basement renovation. The assessed value is used for tax purposes and is an official estimate of value, not necessarily the current market price.
5. What is the neighbourhood like?
Located in Central St. Boniface, the home is in a historic, primarily residential area. The very close proximity of neighbouring houses (some just 11-15 meters away) is typical for the area and suggests a close-knit street feel, which may appeal to some buyers more than others.