Property Overview
This 1.5-storey home, built in 1945, sits on a notably spacious lot in Winnipeg's Central St. Boniface neighbourhood. Its key appeal lies in the combination of a generous, above-average land parcel (over 5,700 sq ft) within a historic and character-rich area. The house itself offers a functional living space of approximately 1,200 sq ft, along with a detached garage and an existing basement that presents future potential. The property’s assessed value is modest relative to the city-wide average, suggesting an entry point into a desirable location.
This home would suit a buyer who values land size and location over a move-in-ready, modernized interior. It’s a practical opportunity for someone looking to put down roots in St. Boniface, with the vision to gradually update a solid older home to their taste. It could also appeal to an investor or builder who recognizes the underlying value in the lot itself, given its size ranking highly within the immediate area.
Frequently Asked Questions
1. What does "1.5-storey" mean for this home?
Typically, this style features a main floor with principal rooms and a second floor under sloped roof lines, often creating cozy bedrooms with unique character. It’s a classic design for homes of this era.
2. The assessed value seems low. Does that reflect the sale price?
Property assessments are for municipal tax purposes and often don't match market value. The home last sold in 2021 for $39,100, which was above the neighbourhood average at the time, indicating the market recognizes its location and lot value.
3. Is the large lot a benefit for this property?
Absolutely. The lot is significantly larger than most in St. Boniface and on the street itself, ranking in the top 19% locally. This provides ample outdoor space, potential for gardening, expansion, or future development, which is a rare find in established neighbourhoods.
4. The home was built in 1945. What should I consider?
While the structure has proven durable, systems like plumbing, electrical, and insulation may need evaluation and updating. The unrenovated basement also suggests an opportunity to customize, but will require investment. The charm comes with the responsibility of maintaining an older character home.
5. How does this property compare to others in Winnipeg?
Its standout feature is the land size within a central neighbourhood. While the living space and age are average city-wide, the lot size is a distinguishing asset. You are buying into a specific, historic community more than just a house, with stats showing it sits on a larger-than-typical parcel for the area.