Property Overview & Key Characteristics
This two-storey home at 149 Masson Street in Central St. Boniface presents a distinct profile. Its primary appeal lies in being a modern structure within a historic neighbourhood. Built in 2014, it is a standout new build on a street and in an area where the average home is nearly a century old, offering move-in readiness and contemporary systems. With 1,319 sqft of living space, it provides a comfortable, average-sized layout for the city.
However, its 1,742 sqft lot is notably smaller than typical for the street, neighbourhood, and Winnipeg overall. This trade-off is key: you are acquiring a newer, low-maintenance home but with more limited outdoor space. The property last sold in 2020 for $400k, a price point that was above average for St. Boniface at the time but around average citywide. It suits buyers who prioritize modern construction and convenience within a walkable, established community, and who are less concerned with having a large yard. It’s a practical choice for professionals, small families, or downsizers seeking character of location without the upkeep of a character home.
Frequently Asked Questions
1. What does the "Elite" ranking for Year Built mean?
It means this home is exceptionally new compared to its immediate neighbours. On Masson Street, it is the newest of 39 homes, and in Central St. Boniface, it is newer than 96% of comparable properties.
2. Is the small lot size a concern?
It depends on your lifestyle. The lot is significantly below the area average, meaning less private outdoor space. This is the main compromise for gaining a modern home in a mature neighbourhood. It may be ideal for those who prefer low-yard maintenance or who prioritize nearby parks and community amenities.
3. How does the assessed value relate to market price?
The municipal assessed value ($43.40k) is for tax purposes and is not an indicator of market value. The home last sold for $400k in 2020, which is a more relevant, though historical, benchmark.
4. What are the implications of having no basement or garage?
The lack of a basement reduces storage and potential living space, which is somewhat offset by the home's above-average living area for the neighbourhood. No garage means on-street parking, which is common for the area but a consideration for vehicle owners.
5. Who would this property not suit?
It may not be ideal for buyers seeking extensive garden space, those who require significant storage or workshop areas (given no basement or garage), or purists looking for the classic historic home aesthetic that defines much of St. Boniface.