Property Overview & Appeal
This 872 sqft property at 104-163 Bertrand Street in Central St. Boniface is a compact, no-frills home built in 1986. Its key characteristic is its position as a notably newer build within its immediate street context, ranking in the top 3% for year built on Bertrand Street where comparable homes average an age of 1977. While its living space is below the neighbourhood average, it is standard for the street and city-wide. The home has no basement, pool, or garage.
Its primary appeal lies in its value-oriented entry point into the sought-after St. Boniface area, underscored by a low assessed value. It represents a practical, lower-maintenance option due to its relatively newer construction compared to many heritage homes in the area. This property would suit first-time buyers, investors, or downsizers seeking an affordable foothold in a central neighbourhood without the renovation demands of an older character home. It’s a functional choice over a luxurious one, offering location benefits while acknowledging compromises in space and amenities.
Frequently Asked Questions
Q: What does the ranking for "Year Built" actually mean?
A: It means this home, built in 1986, is newer than 97% of the 35 comparable properties directly on Bertrand Street. This is its standout feature, suggesting potentially fewer immediate issues related to aging infrastructure compared to its neighbours.
Q: Is the living area suitable for a small family?
A: At 872 sqft, the living area is below the Central St. Boniface neighbourhood average. It would likely be a tight fit for a family with children, but could work for a single person, a couple, or as an investment rental.
Q: Why is the assessed value so much lower than the nearby property at 194 Bertrand Street?
A: The property at 194 Bertrand Street is a different building type (likely a single-family home), is significantly larger (960 sqft), and is a much older character home (built 1908), all of which heavily influence its higher assessed value. This unit is a more modest, compact property.
Q: There's no basement, pool, or garage listed. Does that mean no extra storage?
A: Correct. The listing confirms the absence of these features. Buyers would need to rely solely on the 872 sqft of living area for all storage and living needs, or consider creative in-suite solutions.
Q: The home sold for $19.5k in 2017. Is the current assessed value a reliable indicator of market price?
A: Assessed value is for municipal tax purposes and is not a market appraisal. The 2017 sale price is a historical data point, but the current market value would be determined by recent sales of similar properties, location demand, and the property's condition. The low assessment does signal a likely lower price point.