Property Overview: 103 Handsart Boulevard, Old Tuxedo, Winnipeg
Key Characteristics & Appeal
This is a substantial, century-old two-storey home on an exceptionally large, private lot in the established Old Tuxedo neighbourhood. Its key appeal lies in the rare combination of grand, historic scale and significant modern updates. With over 5,100 sqft of living space and a 17,000 sqft lot, it ranks among the top 2% of properties in Winnipeg for size. The home features a renovated basement, a pool, and an attached garage.
Its charm is rooted in legacy and space rather than new construction. The 1927 build date means it offers character and room proportions rarely found today, though it ranks as one of the older homes on its street. The property suits a specific buyer: someone seeking a premier address with ample room for family, entertainment, and gardens, who values the prestige of Old Tuxedo and is prepared to steward a historic estate. The appeal is less about a modern open-concept layout and more about gracious, separate living areas and enduring privacy. The significant gap between its assessed value and its last sale price in 2021 suggests a substantial renovation or market shift, indicating an owner who has invested in upgrades.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Old Tuxedo, and across all of Winnipeg. For example, its lot size is in the top 2% city-wide, while its 1927 build date makes it older than 85% of Winnipeg homes but is actually among the newer 9% within its own prestigious neighbourhood.
2. Is the assessed value the listing price?
No. The assessed value of $153.7k is for municipal tax purposes. The property last sold for $142.5k in 2021, and the significant renovation likely contributed to the increased assessment. The market listing price would be determined by current conditions and is typically much higher than the tax assessment for a property of this caliber.
3. What is the neighbourhood character?
Old Tuxedo is one of Winnipeg’s most established, sought-after areas, known for large estates, mature trees, and quiet, winding streets. The high rankings for lot and living area confirm this property is a significant holding within an already elite neighbourhood.
4. What should I know about maintaining a home from 1927?
While updated with a renovated basement and pool, a home of this age requires a mindful approach to maintenance. Systems like plumbing, electrical, and the original structure should be thoroughly inspected. The appeal is its preserved character, so budgeting for ongoing upkeep of historic features is essential.
5. How does the pool and lot size add value?
The private, park-like lot is a major asset, offering unparalleled space for gardens, recreation, and expansion. The pool adds a luxury amenity for family use and entertaining. Together, they create a compound-like setting very difficult to replicate, catering to a lifestyle of indoor-outdoor living and privacy.