Property Overview & Key Characteristics
This 995 sqft home at 5-210 Goulet Street in Central St. Boniface is a practical, no-frills property built in 1979. Its key appeal lies in its position as an affordable entry point into a well-established, historic neighbourhood. The home lacks a basement, garage, or pool, presenting a straightforward, low-maintenance living option. Data shows its living area and assessed value are consistently around the average when compared to similar homes on its street, in St. Boniface, and across Winnipeg. Notably, it is one of the newer homes on its specific block, ranking in the top 10% for year-built on Goulet Street.
It would suit a first-time buyer, an investor, or someone seeking a minimalist footprint who prioritizes location over premium features. The buyer should be comfortable with a home that offers basic shelter and potential, rather than move-in-ready finishes or extra storage space. Its recent sale history suggests it may appeal to those looking for a value-hold property in a central location with redevelopment potential down the line.
Frequently Asked Questions
1. What does "no basement" mean for storage and utilities?
All living space, mechanical systems (like the furnace and water heater), and storage must be accommodated on the main floor. This limits storage options but can also mean fewer concerns about basement moisture or flooding.
2. How does the assessed value relate to the likely sale price?
The assessed value of $21,300 is for municipal tax purposes. The home last sold for $20,200 in 2021. The sale price will be determined by the current market, but these figures indicate a very affordable price point relative to the city.
3. The home is "newer" on the street but "older" in the neighbourhood. What's the takeaway?
While older than the St. Boniface average, it is newer than most immediate neighbours. This could mean somewhat more modern construction than nearby century homes, but it may still require updates common to houses from the late 1970s.
4. With no garage, what are the parking options?
The listing specifies no garage, so parking is likely via a driveway or on-street. It's important to verify the specific, legal parking arrangement for the property.
5. Who might this property not suit?
It's likely not a fit for buyers who need significant storage space, dedicated parking inside a garage, or who are looking for a recently renovated home with modern amenities. It's a foundational property best for those who see potential in its location and simplicity.