Property Overview
This 1924 one-and-a-half storey home on St Jean Baptiste Street in Central St. Boniface presents a classic Winnipeg character property. With 960 sqft of living space on a 3,189 sqft lot, it sits on a smaller, more manageable parcel for the area, which can mean lower maintenance without sacrificing location. The home features a detached garage and an unrenovated basement, indicating potential for customization. It recently sold for $340,000, a price point that was around average for similar homes in the neighbourhood. Its appeal lies in its established St. Boniface setting, offering a balance of historic charm and a footprint suitable for efficient living or a starter home. This property would suit a first-time buyer, an investor looking for a character home with upside, or someone seeking a lower-maintenance yard in a central, walkable community. A thoughtful perspective is that its smaller lot and living area, while below area averages, translate to proportionally lower costs for taxes, utilities, and upkeep, which can be a strategic advantage.
Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a 1924 home?
This style often features a main floor with principal rooms and a second floor under sloped ceilings, creating cozy bedrooms or attic spaces. It's full of character but may have smaller, unconventional room layouts compared to a modern two-storey.
2. The basement is listed as "not renovated." What should I expect?
Expect a functional, utilitarian space typical of the era—likely with concrete walls and floors, housing the furnace and utilities. It offers ample storage and potential for future development, but any finishing would be a project for the new owner.
3. How does the smaller lot size compare, and what are the implications?
At 3,189 sqft, the lot is notably smaller than many in St. Boniface. This means less yard work and lower outdoor maintenance, which is a benefit for busy owners, but also less private green space for gardening or entertaining.
4. The assessed value is significantly lower than the sale price. Why?
Municipal assessed value ($32,400) is for taxation purposes and is often a lagging indicator, based on historical mass appraisals. The sale price ($340,000) reflects the current market value, driven by buyer demand, condition, and location.
5. What is the neighbourhood context of Central St. Boniface?
This is the historic French-quarter of Winnipeg, known for its cultural vibrancy, tree-lined streets, and independent shops and cafes. It offers a strong sense of community and walkability, appealing to those who value character and location over sheer square footage.