Property Overview: 227 Dumoulin Street, North St. Boniface
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1934, sits on a generous 4,038 sqft lot in North St. Boniface. Its key characteristic is a blend of established neighbourhood charm with practical space, featuring 1,422 sqft of living area and a detached garage. The appeal lies in its solid foundation and potential. While the basement is noted as unrenovated, the lot size is well above average for the street and neighbourhood, offering valuable outdoor space or future expansion possibilities in a mature community. The home last sold in 2016, and its current assessed value is notably lower than that sale price, which may attract attention from value-conscious buyers.
This property would suit a buyer looking for a character home in a historic area who is comfortable with a project, whether immediate or long-term. It’s ideal for someone who prioritizes land size and location over a turn-key finish, seeing the unrenovated spaces as a blank canvas. A thoughtful perspective is that this home represents a stake in a stable, established community where the land itself is a significant asset, offering more privacy and room than many newer infill lots.
Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a 1930s home?
It usually indicates a home where the second floor has sloped ceilings (following the roof line) and potentially dormer windows, creating cozy bedrooms or attic spaces that are fully finished as part of the living area.
2. The assessed value is much lower than the 2016 sale price. What does this mean?
Municipal assessed value for tax purposes is not the same as market value. It is based on a mass appraisal system and can lag behind current market trends. The discrepancy suggests the market has shifted since 2016, and a current market evaluation would be essential.
3. The lot is ranked highly for size. What are the advantages?
A larger lot provides more yard space, greater distance from neighbours, better potential for gardening or outdoor living, and possible future development options (subject to zoning bylaws), which is a rarity in older neighbourhoods.
4. The basement is "not renovated." What should I expect?
This typically means the basement retains its original or utilitarian state. It likely has foundational finishes (concrete floors, exposed beams/mechanicals) and may be suited for storage and laundry. It presents both a project cost and an opportunity to customize the space to your needs.
5. How does the neighbourhood ranking work?
The "Top X%" rankings compare this specific metric (like lot size or year built) for this property against all other listings in the defined area. For example, "Top 14% in same street" for lot area means this property's lot is larger than 86% of other lots on Dumoulin Street.