Property Overview
This one-and-three-quarter storey home, built in 1903, is situated on a standard-sized lot in Central St. Boniface. Its key appeal lies in its location within a historic and culturally vibrant neighbourhood, combined with a detached garage and a home footprint that is manageable for a variety of buyers. The home presents a clear opportunity for personalization, as the basement is noted as being unrenovated.
The property would suit a buyer looking for a character home in a well-established area, who is prepared for the maintenance and potential updates that come with an older house. It’s also a practical fit for those who value a detached garage for storage or projects. The data suggests it’s a home of average size and value for its immediate area, making it a grounded entry point into the St. Boniface community rather than a standout luxury offering. A thoughtful perspective is that its 1903 construction, while placing it among the oldest in the city, offers a tangible connection to Winnipeg’s heritage that newer homes cannot replicate.
Frequently Asked Questions
1. What does “one-and-three-quarter storey” mean?
This is a common architectural style in older Winnipeg homes. It typically means the second floor has full-height ceilings only in the center of the house, with sloped ceilings or knee walls in the rooms created by the roof line, offering cozy, character-filled bedrooms.
2. How significant is the unrenovated basement?
This indicates the basement is in original or functional condition but hasn’t been modernized as finished living space. It should be factored into renovation plans and budgets, but it also provides a blank canvas for future development, subject to local building codes and moisture management.
3. The assessed value seems very low compared to the sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values, especially in active markets. The 2021 sale price of $220k is a more relevant indicator of its market value, though conditions have likely evolved since then.
4. Is the lot size a pro or a con?
At just over 4,400 sq ft, the lot is very typical for the central neighbourhood. It provides adequate outdoor space for gardening or relaxation without the high maintenance of a much larger yard, which can be a practical advantage for many urban buyers.
5. What are the implications of it being one of the oldest homes on the street?
This historic charm comes with considerations. While it may feature solid original craftsmanship, prospective buyers should pay particular attention to the condition of major aging components like the foundation, plumbing, electrical systems, and roof during an inspection.