139 Masson Street

Property Overview

139 Masson Street is a two-storey home built in 1930, located in Winnipeg's Central St. Boniface neighbourhood. Its key appeal lies in its balance of established character and practical updates, set within a historic and walkable community. The home features a renovated basement and offers 1,460 sqft of living space, which is notably above average for the immediate area. The lot, while smaller than many in the broader city, is typical for this mature, inner-city street.

This property would best suit a pragmatic buyer who values location and function over sheer size. It’s ideal for a first-time homeowner, a small family, or an investor looking for a character home with some modern touches, without the premium price tag of a larger lot or a fully renovated interior. The appeal is grounded in being a comfortable, centrally-located home that sits in the middle of the market for its area—offering a chance to live in a sought-after neighbourhood without competing for its most expansive properties.

Key Considerations & FAQs

1. What does the "renovated basement" entail?
   The listing confirms the basement has been renovated, but the specific scope and quality of finishes are not detailed. A prospective buyer should clarify whether this is a full legal suite, a modern rec room, or updated utility and storage spaces.

2. How does the assessed value relate to the expected sale price?
   The home is currently assessed at $35,200, but it last sold for $29,200 in August 2022. This significant difference suggests the market price may not align with the city's assessment, making a current market evaluation essential.

3. Is the smaller lot size a disadvantage?
   While the land area is below the city average, it is very typical for Central St. Boniface. For the right buyer, this can mean lower maintenance and a more manageable yard, while still providing the benefits of detached home ownership.

4. What are the implications of a 1930s build?
   The home's age is average for the street. This typically means character details are possible, but it also warrants a thorough inspection for the condition of major systems like wiring, plumbing, and the foundation, which may be original or partially updated.

5. There's no garage. What are the parking options?
   The property has no garage. Buyers should verify on-street parking permits, observe typical street parking availability, and consider the practicality of this setup for their daily needs, especially during Winnipeg winters.