Property Overview: 228 Notre Dame Street, Winnipeg
Key Characteristics & Appeal
This home at 228 Notre Dame Street in North St. Boniface presents a practical opportunity in a well-established neighbourhood. Built in 1944, the 906 sqft house sits on a notably generous lot of nearly 4,900 sqft, offering more outdoor space than many homes on its own street and in the immediate area. The assessed value of $277k positions it as a more accessible entry point compared to the wider Winnipeg average, suggesting a lower property tax burden.
Its primary appeal lies in its land value and location. The lot size is a standout feature, providing room for gardening, expansion, or simply more privacy than typical infill properties. While the living area is modest and below the city average, it represents a chance for a first-time buyer or downsizer to secure a footprint in a central, historic community without a premium price tag. The home would suit a value-conscious buyer—perhaps someone looking for a starter home with renovation potential, or an investor attracted by the lot size—who prioritizes land over a large existing floor plan. A less obvious perspective is that its "around average" metrics for the street and area indicate a stable, non-speculative pricing environment, which can be appealing for those seeking a grounded, community-focused purchase.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 4,894 sqft is larger than the average lot on Notre Dame Street and is competitive within the North St. Boniface area, offering one of the property's key advantages.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value for taxation purposes is $277k. Recent sold price data for the area suggests this home last sold in the $250k-$300k range, indicating the assessed value is a reasonably aligned benchmark.
3. What should I consider about the home's age and size?
Built in 1944, the home is older than many in the city. Its living space (906 sqft) is compact, so prospective buyers should factor in potential maintenance for an older structure and consider if the layout and square footage meet their needs.
4. How does this property rank for value in the broader market?
City-wide, this home's assessed value sits below the average, placing it in a more affordable tier. This can mean a lower entry cost and property taxes, but it also reflects the home's smaller size and older age compared to the Winnipeg average.
5. Where can I get verified historical sale data?
The provided data is based on public records. For a complete and verified transaction history, you must request a manual lookup from the site, which they will provide via email.