Property Overview: 325 Thibault Street, Winnipeg
Key Characteristics & Appeal
This well-situated home in North St. Boniface presents a compelling blend of space, value, and location. Built in 1991, it offers a generous 1,739 sqft of living area, which places it above average for both the neighbourhood and the city overall. The assessed value of $560k reflects its premium positioning, ranking within the top 20% on its street and the top 13% in North St. Boniface. While the lot size is slightly below the street average, it remains above the neighbourhood norm, offering a balanced outdoor space.
The appeal lies in its established, above-average stature within a mature community. It’s a home that has consistently been valued higher than many of its peers, suggesting desirable features or a premium lot. It would particularly suit buyers looking for a move-in-ready, spacious home in a stable area without venturing into the ultra-high-end market. It’s an ideal fit for growing families or professionals seeking a solid, long-term investment in a character-rich part of the city, offering more modern proportions than many older Winnipeg homes while being part of a well-established streetscape.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, the home last sold between $550k-$600k in September 2021. This sale price was in the top 10% city-wide at the time, indicating a history of strong market performance relative to other Winnipeg properties.
2. Is the lot size a disadvantage?
While the 5,924 sqft lot is below the average for Thibault Street itself, it is still larger than the typical lot in North St. Boniface. This suggests a trade-off: you get a very spacious interior on a manageable yard, which may appeal to those wanting less maintenance without sacrificing private outdoor space.
3. What does the "above average" ranking truly mean?
The rankings show this home outperforms a significant majority of comparable properties in key metrics. For example, its assessed value is higher than 87% of homes in North St. Boniface and 88% of homes city-wide, signaling a persistent premium valuation.
4. How can I verify the exact historical sale price?
Due to industry regulations, exact MLS sale figures are not published on this site. You can request the full, verified transaction history by email, and it will be provided manually at no cost.
5. The home is 35 years old. What should I consider?
A 1991 build is newer than most homes in the area and city-wide. This typically means more modern construction standards, floor plans, and systems. However, as with any home of this age, a thorough inspection of major components like the roof, windows, and HVAC is always recommended.