Property Overview: 201 Thomas Berry Street, Central St. Boniface
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1984, presents a practical and updated living space in the established Central St. Boniface neighbourhood. Its key features include a renovated basement and a living area of approximately 1,100 sq ft, which is squarely average for the area, offering comfortable space without excessive upkeep. The lot size is also typical for the immediate street, providing a manageable yard.
The primary appeal lies in its modernized condition and its strong positional metrics. Being newer than roughly 91% of homes in Central St. Boniface is a significant advantage, suggesting potentially fewer concerns with aging infrastructure compared to many century-old neighbours. The home’s most recent sale price in 2022 ranks above average for the street, indicating perceived value. It suits buyers looking for a move-in-ready home in a historic area without the maintenance demands of an older property, such as first-time homeowners, downsizers, or investors seeking a renovated unit. A thoughtful perspective is that this property offers a balance—it allows one to enjoy the character and convenience of St. Boniface while living in a relatively contemporary structure, a combination that is less common in this specific locale.
Section 2: Frequently Asked Questions
1. How does the age of this home compare to others nearby?
At 42 years old (built in 1984), this home is notably newer than most in Central St. Boniface, where the average comparable home was built around 1939. This can mean more modern construction standards and potentially lower immediate maintenance costs than the neighbourhood's many heritage properties.
2. Is the lot size typical for the area?
The land area of 3,278 sq ft is around the average for Thomas Berry Street itself but is below the average for the broader Central St. Boniface area. This translates to a manageable yard that is consistent with its immediate streetscape.
3. What does the sale history indicate?
The property sold for $360,000 in July 2022, a price that was above average for Thomas Berry Street. Previous sales were significantly lower ($260k in 2016, $29.5k in 2021), with the 2021 sale likely reflecting a nominal or non-arms-length transaction. The 2022 sale is the most relevant market benchmark.
4. Who might this property not suit?
It may not suit buyers seeking a large lot, a heritage character home, or a garage, as it has none of those features. It also offers average interior space, so those needing extensive room for a growing family might find it limiting.
5. How is the value assessed?
The municipal assessed value is $31,200. It is crucial to understand that this is for tax purposes and is not a market valuation. The 2022 sale price of $360,000 is the clear indicator of its recent market value.