Property Overview: 259 Notre Dame Street, North St. Boniface, Winnipeg
Key Characteristics & Appeal
This home presents a compelling blend of generous space and a sizable lot within a mature, established neighbourhood. Its primary appeal lies in its scale: at 1,898 sqft, the living area is significantly larger than most homes on its street and in North St. Boniface, ranking in the top 5% and 12% locally, respectively. This is complemented by a 6,110 sqft lot, which is also well above average for the immediate area. The 1900 build date indicates a classic character home, offering a sense of history and architectural charm not found in newer builds. The assessed value of $325k sits close to the neighbourhood average, suggesting the price reflects the home’s condition and era rather than its substantial footprint.
This property would suit a buyer who values space and land over modern construction, and who is prepared for the maintenance or potential updates that come with a century-old home. It’s ideal for those seeking a traditional neighbourhood feel with room to grow, garden, or entertain, and who appreciate a home with a story. A less obvious perspective is that its "below average" year-built ranking could be an opportunity; in a market of similar-era homes, its superior square footage and lot size make it a standout, potentially offering more value per dollar than a newer, smaller property in the same price band.
Frequently Asked Questions
1. How recent is the sold price data?
The listed sale occurred in March 2018. For fully verified, exact historical transaction figures, you must request a manual lookup via email, as this site does not display MLS sold records.
2. What does the 1900 build year mean for me?
It confirms this is a character home with over a century of history. Buyers should budget for a thorough inspection to understand the condition of major systems (plumbing, electrical, foundation) and potential updates needed, while also appreciating the unique architectural details of the period.
3. The assessed value seems average, but the living space is well above average. Why?
Municipal assessments consider many factors, including the home’s age, condition, and market trends, not just size. The average assessment for the area includes many smaller, sometimes more recently updated homes. This discrepancy can sometimes indicate an opportunity where the market price may better reflect the tangible asset of greater space and land.
4. How does the lot size compare practically?
At 6,110 sqft, the lot is approximately 35% larger than the average on Notre Dame Street. This translates to more yard space for recreation, gardening, or future additions like a deck or garage, which is a notable rarity in central neighbourhoods.
5. What are the key comparisons in the immediate area?
Nearby reference properties on Dumoulin Street are newer (1930s) but have less living area and lower assessed values. Direct neighbours on Notre Dame Street are very close in proximity, suggesting a tight-knit streetscape. This home’s standout features are its combination of the largest living area and one of the larger lots on the block.