Property Overview
This 2018-built home at 220 Dollard Boulevard in Central St. Boniface presents a distinct profile. Its modern construction and above-average living space contrast with the neighborhood's predominantly older housing stock, offering a move-in-ready option in a historic area. The property's high assessed value reflects its relative newness and size, though it sits on a smaller lot that is typical for newer infill developments.
Key Characteristics & Appeal
The primary appeal of this home lies in its modern build within a well-established neighborhood. With 1,577 sqft of living space, it offers more room than most homes on its street and in Central St. Boniface overall. Built in 2018, it is notably newer than the area's average, which dates to the late 1930s and 1940s. This suggests significantly updated building systems, energy efficiency, and modern layouts, potentially requiring less immediate maintenance than century-old neighbors.
Its assessed value of $557k ranks in the top tier for the street and area, indicating it is perceived as a premium property. This positions it not just as a home, but as a modern asset in a historic district. The trade-off is a land area of 3,025 sqft, which is below the neighborhood average. This means less yard space but also less exterior upkeep—a practical consideration for some buyers.
This property would best suit buyers seeking a contemporary, low-maintenance home without leaving a sought-after, mature neighborhood. It appeals to those who value modern interiors and systems over vintage character and larger lots. It’s also a logical fit for professionals or downsizers who want the convenience of St. Boniface without the renovation projects common to the area.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighboring homes?
The assessed value reflects the home's recent construction (2018) and its larger living area. Unlike many older homes in the area, it likely has modern materials, efficient systems, and contemporary finishes that contribute to a higher valuation.
2. What are the implications of having a smaller lot?
The below-average land area means a more compact yard. This can be a positive for those seeking lower maintenance, but it may limit expansion possibilities, outdoor recreation space, or gardening compared to other properties in St. Boniface.
3. As a newer home in an old neighborhood, are there any potential issues?
While the home itself is modern, it's important to consider the context. The surrounding infrastructure (like mature trees and older water/sewer lines on the street) and the architectural style of neighboring homes may differ. It's wise to research any area-specific bylaws or development plans.
4. How does the lack of sales history affect understanding its value?
Without prior sale data for this specific address, the assessed value and comparisons to recently sold nearby properties become crucial. The provided comparable listings (like 268 Dollard Boulevard) offer the best benchmark for market value.
5. Is the higher assessment likely to mean significantly higher property taxes?
Generally, yes. A higher assessed value typically results in higher property taxes compared to older, lower-valued homes on the same street. Prospective buyers should factor this into their ongoing cost calculations.