Property Overview: 193 Bertrand Street, Central St. Boniface
Key Characteristics & Appeal
This home is a classic one-and-three-quarter storey character property, built in 1913, situated on a modest 3,033 sqft lot in the established Central St. Boniface neighbourhood. Its key features include a renovated basement and a living area of 1,221 sqft, which is comfortably sized and typical for the immediate area. The appeal lies in its grounded, no-frills practicality within a central and historic community. It represents an entry point into a sought-after neighbourhood without the premium often attached to larger or fully modernized homes.
The property would suit a pragmatic first-time homebuyer or an investor looking for a character home with a solid foundation and some updates (like the basement). It’s also a potential fit for someone who values location over lavish square footage, preferring a smaller, manageable lot and a home with authentic period charm. A less obvious perspective is its potential as a "value-hold" property; while its metrics are average or below average for the city in size and assessed value, its location in St. Boniface offers stability and a connection to community that can outweigh raw statistical comparisons.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is below average for both the neighbourhood and Winnipeg overall, it translates to less exterior maintenance. For buyers seeking a character home without the burden of a large yard, this can be a practical benefit.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, ceiling height, and whether it includes legal egress, as this significantly impacts its utility and value.
3. How does the recent sale price compare to the assessment?
The home sold for $33,300 in September 2024, which is notably higher than its $29,800 assessed value. This suggests the market recognized attributes or potential beyond the formal assessment metric.
4. What is the significance of the home's age?
Built in 1913, the home is older than the citywide average but typical for its historic neighbourhood. Buyers should budget for potential updates to older mechanical systems (like plumbing or wiring) while appreciating the enduring craftsmanship and character of the era.
5. Are there any garage or parking facilities?
The listing specifies there is no garage. Prospective buyers should investigate on-street parking regulations and availability to ensure it meets their needs.