Property Overview
This one-and-a-half storey home, built in 1945, sits on a notably spacious lot in Central St. Boniface. Its key appeal lies in the combination of a generous, above-average land area and a renovated basement, offering a solid foundation in a character neighbourhood. The living space is comfortably sized, ranking well above average for similar homes on its street. Recent sale data indicates steady market interest and value retention.
Key Characteristics & Ideal Buyer
The property’s strongest asset is its land. The lot is significantly larger than most in the immediate area and neighbourhood, offering ample outdoor space and potential. The home itself provides practical, updated living with a renovated basement, adding functional space. It suits buyers looking for a character-home setting without a major renovation project, who value private outdoor room more than a modern floor plan. It’s a pragmatic choice for someone seeking a established, quiet street in St. Boniface with the upside of a sizable yard for gardens, play, or future expansion, rather than a move-in-ready showcase home.
Frequently Asked Questions
1. What does a "renovated basement" typically include?
While specifics should be verified, this usually indicates finished living space, such as a rec room, additional bedroom, or laundry area, with updated flooring, walls, and ceilings.
2. How does the lack of a garage affect parking and storage?
Buyers should plan for on-street parking and consider the cost of adding a shed or future garage, as the large lot does provide space for one.
3. The assessed value seems low compared to the sale price. Why?
Municipal assessed value for tax purposes often lags behind current market values, which are better reflected in the recent $360,000 sale price.
4. Is the larger lot a maintenance burden or an opportunity?
It can be both. It means higher yard upkeep but also offers more privacy, gardening space, and future potential for additions like a deck, garage, or garden suite (subject to zoning).
5. What are the implications of the home's age (1945)?
Expect character details but also the potential for older mechanical systems (like plumbing or wiring) that may need attention, despite the basement renovation. A thorough inspection is advised.