Property Overview
This two-storey home, built in 1912, is situated on a generous 5,813 sqft lot in Winnipeg's Central St. Boniface neighbourhood. Its key appeal lies in the combination of a spacious, above-average living area (1,768 sqft) and a particularly large lot that ranks in the top 12% for its immediate street. The property features a detached garage and an unrenovated basement. It last sold in January 2021 for $370,000, a price point that was above average for the street and neighbourhood at the time.
The home suits buyers looking for character and space in a well-established area. Its significant lot size offers clear potential for expansion, gardening, or outdoor living, which is a notable advantage in an older neighbourhood. While the home itself is older and the basement is unfinished, it represents a solid opportunity for those willing to take on gradual updates to personalize the space. It would likely appeal to a practical buyer who values land size and interior square footage over modern turn-key finishes, and who sees the benefit in a property that already outperforms many local comparables on key metrics like lot and living space.
Frequently Asked Questions
How does the lot size compare to other properties?
The 5,813 sqft lot is a standout feature. It is significantly larger than the average lot on St. Jean Baptiste Street (top 12%) and in the wider Central St. Boniface area (top 22%), offering more private outdoor space than most nearby homes.
Is the home considered historic due to its age?
Built in 1912, the home is certainly a character property. However, the data shows its age is around average for its street and slightly below average for the neighbourhood, meaning there are many other homes of similar vintage nearby. It has historical charm but may not have specific heritage designations.
What does "above average" for the sale price mean?
When it sold in 2021 for $370,000, that price was higher than approximately 74% of similar sales on its street (top 26%) and 71% in the neighbourhood (top 29%). This indicates buyers were willing to pay a premium for this specific property, likely due to its lot and living space.
What is the condition of the basement?
The listing explicitly notes the basement exists but is "not renovated." Buyers should budget for any desired improvements and anticipate a need for inspections regarding plumbing, electrical, and foundation common to homes of this era.
How does the assessed value relate to the sale price?
The municipal assessed value is $36,20k. It's important to understand this is for tax purposes and is typically lower than market value. The 2021 sale price of $370,000 is a more relevant indicator of its market worth, though current conditions should be evaluated by a professional.