Property Overview: 731 La Fleche Street, Winnipeg
Key Characteristics & Appeal
This home at 731 La Fleche Street in North St. Boniface is a classic, compact character property built in 1922. With 729 square feet of living space, it is notably smaller than most homes in the area and across Winnipeg, positioning it in the lower tier for size. However, it sits on a generous 4,591 sqft lot that is quite typical for its immediate street and neighbourhood. The assessed value of $239,000 is modest compared to area and city averages, suggesting a lower entry point into the market.
The primary appeal lies in its value proposition within a well-established neighbourhood. It represents an opportunity for land ownership and location at a relatively accessible price point. The lot size offers potential for expansion, gardening, or outdoor space that the interior footprint does not. This property would suit a first-time buyer, an investor, or someone looking to downsize without leaving a mature community. It’s a practical choice for those who prioritize lot size and location over immediate living space and are comfortable with a home that may require updates reflective of its age.
Frequently Asked Questions
1. Is the home significantly smaller than its neighbours?
Yes. At 729 sqft, its living area is below average for the street, the wider North St. Boniface area, and Winnipeg overall. This is its most distinct characteristic compared to local norms.
2. How does its value compare to nearby properties?
Its assessed value ($239k) is around average for La Fleche Street but below the average for North St. Boniface and the city. This indicates a potentially more affordable option within this specific locale.
3. What does the lot size offer?
The 4,591 sqft lot is a key feature. It is consistent with other lots on the street and provides substantial outdoor space relative to the home's size, which could be a long-term asset.
4. The home is over 100 years old. What should I consider?
Built in 1922, it is older than most homes in the city. Prospective buyers should budget for potential updates to major systems (like plumbing, electrical, or the roof) and consider a thorough inspection to understand the condition and any heritage character elements.
5. Where can I get verified sale price data for this property?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history by emailing the site directly for a manual lookup.