513 Langevin Street

Property Overview

This two-storey home at 513 Langevin Street in Winnipeg's Central St. Boniface neighbourhood presents a compelling blend of historic character and practical space. Built in 1928, its key appeal lies in its generous proportions. With 2,112 square feet of living area, it offers significantly more interior space than most comparable homes on its street, in the neighbourhood, and across the city. The property sits on a slightly larger-than-average lot for the area (5,102 sqft) and features a renovated basement, adding to its functional living space. Notably, its assessed value and recent sale price consistently rank above average for its immediate surroundings, suggesting a well-regarded property within its context.

The home would suit a buyer looking for the established charm of a 1920s build without sacrificing room to grow. It’s ideal for someone who values being in a central, historic neighbourhood like St. Boniface and appreciates a home that stands out for its size among its peers. The lack of a garage and the age of the property point towards a buyer comfortable with some traditional home maintenance or future updates, balanced by the move-in-ready benefit of a renovated basement.

Frequently Asked Questions

Is the above-average living area due to finished spaces like the basement?
The 2,112 sqft figure is the total living area. This includes the renovated basement, which contributes to the home's significant size advantage over other local properties.

How does the sale price history inform the current value?
The home sold very recently in July 2024 for $52,100, following a previous sale in 2021 for $44,500. This pattern shows steady appreciation above the average for the street and neighbourhood, indicating strong demand for this specific property.

What does "around average" for the lot size and year built really mean?
While the lot is slightly larger than others in Central St. Boniface, it’s not an exceptionally large parcel. The 1928 build date is typical for the area, meaning the home has the character and potential maintenance considerations common to houses of that era in this neighbourhood.

The assessed value seems low. Is this accurate?
The assessed value of $45,100 is a municipal assessment for tax purposes and is not a market valuation. It is useful for comparing the property's municipal tax standing relative to others, which it ranks above average. The actual market value is better reflected by the recent sale price.

Who might this home not suit?
Buyers seeking a modern, maintenance-free home or those requiring attached parking (as there is no garage) may need to look elsewhere. Its appeal is rooted in its historic neighbourhood character and spacious interior, not contemporary new-build features.