Property Overview: 217 Notre Dame Street, Winnipeg
Key Characteristics & Appeal
This home at 217 Notre Dame Street in North St. Boniface is a character property built in 1929, offering a blend of established neighbourhood charm and practical space. With 1,248 sqft of living area, it provides more interior space than many comparable homes on its street, ranking in the top 28%. The assessed value of $316k sits comfortably around the average for the immediate area, suggesting a fair market positioning. The lot size of 4,032 sqft is typical for the street but is below the average for the wider neighbourhood and city, indicating a more compact, low-maintenance yard.
Its primary appeal lies in its location within a mature, well-established community and its efficient use of space for its vintage. The home represents an opportunity to own a solid, character-filled property without a premium price tag, as evidenced by its last sale in early 2022 in the $300k-$350k range. This property would suit a first-time buyer or a downsizer looking for a manageable home in a historic area like St. Boniface. It’s also a sensible fit for a value-oriented buyer who appreciates older construction and is prepared for the maintenance that comes with a near-century-old home, rather than someone seeking a large, modern lot or the newest build.
Frequently Asked Questions
1. How does this home’s value compare to the wider Winnipeg market?
The home’s assessed value is notably below the Winnipeg city-wide average for comparable properties (which is about $390k), making it a more accessible entry point into the market, especially within a sought-after area like St. Boniface.
2. What should I consider about the 1929 build date?
While the home offers classic charm, its age places it well below average compared to neighbouring and city-wide homes. Prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation, and consider a thorough inspection.
3. Is the lot size a limitation?
The yard is manageable but smaller than many in the broader area. This is ideal for those seeking lower outdoor maintenance, but may not suit buyers wanting extensive garden space, a large deck, or a sprawling play area.
4. What does the sale history indicate?
The home sold in early 2022 for between $300,000 and $350,000. This recent sale, close to its current assessed value, suggests stable market value without extreme volatility, which can be appealing for financial planning.
5. How can I get the exact past sale prices?
The website provides sold price ranges publicly. To obtain the exact historical sale figures, you must request them directly via email from the site’s team, as they manually retrieve this data due to industry regulations preventing its direct online display.