Property Overview: 255 Provencher Boulevard, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 255 Provencher Boulevard in North St. Boniface stands out for its above-average size and value within its context. With 2,100 sqft of living space, it is significantly larger than most comparable homes on its street, in the neighbourhood, and across Winnipeg, placing it in the top 6-18% for space. The lot is also generous at over 5,300 sqft. Built in 1954, it is notably newer than many homes on Provencher Boulevard, offering a potential advantage in terms of modern infrastructure and reduced immediate upkeep compared to its older peers.
The primary appeal lies in its combination of scale, a well-established location, and a valuation that reflects its premium standing. With an assessed value of $497,000, it sits above the local and city-wide averages, indicating a property perceived to have substantial worth. This isn't a fixer-upper among historic homes; it's a sizeable, mid-century residence in a mature neighbourhood.
This property would best suit buyers looking for established character and more interior space without moving to a distant suburb. It’s ideal for a growing family needing room or someone who values a neighbourhood with history but prefers a home from a more modern building era. It also appeals to the value-conscious buyer who appreciates metrics, as the data clearly shows a home that outperforms its immediate peers in key categories.
Section 2: Frequently Asked Questions
1. How does the 1954 build year affect the property?
While 72 years old, this home is considered one of the newer builds on its block, ranking in the top 5% on Provencher Boulevard for year built. This suggests potentially updated electrical, plumbing, or foundation standards compared to its older neighbours, which could mean fewer major legacy repairs.
2. The assessed value is above average. What does that indicate?
The $497k assessment is higher than averages for the street, area, and city. This typically reflects the property's larger size, newer construction relative to the street, and overall condition. It sets a higher baseline for property taxes but also signifies strong perceived market value from the municipal assessor.
3. How does the lot size compare?
At 5,382 sqft, the lot is above average for the street but closer to the average for North St. Boniface. It provides good outdoor space, though lots city-wide can be larger. The value here is in the combination of a sizable lot with a much larger-than-average house footprint.
4. What can the 2016 sale price tell us?
The home sold between $350k-$400k in March 2016. The increase to the current $497k assessed value highlights significant appreciation over eight years, consistent with market trends and possibly reflective of improvements made during that period.
5. Where can I get verified historical sale data?
The site notes that exact sold prices require a manual lookup due to industry data rules. You can request this information directly via email from the service, and they will provide the full transaction history without using your contact details for marketing.