Property Overview: 524 Aulneau Street, Winnipeg
Key Characteristics & Appeal
This 1905 two-storey home in Central St. Boniface presents a compelling mix of historic character and significant space. Its primary standout feature is its generous living area of 2,746 sq ft, which ranks in the top 1-2% for size both within the vibrant St. Boniface neighbourhood and citywide. This offers rare potential for a growing family, a live-work setup, or simply spacious living rarely found in older urban homes.
The property sits on a 6,378 sq ft lot, which is above average for the central area, providing ample outdoor space and a sense of privacy enhanced by the detached garage. While the home retains its classic early-20th-century charm, it is noted that the basement exists but has not been renovated, indicating a clear opportunity for customization or future expansion.
The appeal lies in securing a substantial, character-filled home on a large lot in one of Winnipeg’s most cherished and culturally rich neighbourhoods. It suits a buyer who values space and location over turn-key modern finishes—someone ready to steward a piece of local history and tailor it to their needs over time. The assessed value and recent sale price suggest a accessible entry point for the neighbourhood, making it a strategic opportunity for a long-term holder willing to invest in updates.
Frequently Asked Questions
1. What does "basement, not renovated" typically imply?
It means the basement is functional and exists as original space, but it has not been modernized or finished to contemporary living standards. It likely houses utilities and raw storage space, awaiting a future owner's vision for development.
2. How does the year built (1905) affect insurance and maintenance?
Homes of this age often carry higher insurance premiums and require diligent maintenance. Prospective buyers should budget for specialized inspections (wiring, plumbing, foundation) and anticipate upkeep consistent with a character home, though its enduring structure is also a testament to its build quality.
3. The living area is large, but how is the layout for modern living?
While the total square footage is exceptional, the floor plan in a 1905 home may feature more segmented rooms compared to an open-concept modern build. This can be ideal for defined living spaces and privacy but may require planning for any desired updates to flow.
4. Why is there a notable difference between the assessed value and the recent sale price?
The assessed value is for municipal tax purposes and can lag behind market dynamics. The higher sale price reflects what a buyer was recently willing to pay in the open market, likely influenced by the property's rare lot size, location, and spacious interior.
5. What are the less obvious advantages of a large lot in St. Boniface?
Beyond simple outdoor space, it offers future flexibility: potential for a garden, additions, or even secondary suite development (subject to zoning). In a dense, historic neighbourhood, a lot of this size provides a valuable buffer and natural light.