Property Overview: 229 Bertrand Street, Winnipeg
Key Characteristics & Appeal
This is a classic two-and-a-half storey home built in 1908, located in Central St. Boniface. Its primary appeal lies in its generous living space and established neighbourhood setting. With 1,504 sqft of living area, the home is notably larger than many comparable properties on its street and in the wider area, offering more room than typical for its assessed value tier. The lot size is modest for the city but in line with the historic neighbourhood.
The home suits buyers looking for character in a central location, particularly those who prioritize interior space over extensive yard work or a modern build. It’s a practical option for someone comfortable with a home of this vintage, as it features an unrenovated basement and lacks a garage. The last known sale was in 2019 for $300k, below its current $340k assessed value, which may indicate updated assessments or market shifts. A thoughtful buyer here is likely one who values the charm and location of St. Boniface and sees potential in a solid, spacious structure, rather than someone seeking a turn-key new build or extensive private outdoor space.
Frequently Asked Questions
1. What does "two-and-a-half storey" mean for this home?
This typically describes a home with two full floors of living space and a smaller third floor, often in the roofline, which may contain additional rooms or storage. It's a common architectural style for homes of this era.
2. How does the unrenovated basement impact the home?
An unrenovated basement means the lower level is in its original or utility state. It provides functional space for mechanical systems and storage but would require finishing to be used as a living area. Buyers should budget for potential updates and consider it in their inspection.
3. The assessed value is higher than the 2019 sale price. Why?
Municipal property assessments are based on mass appraisal models and market trends, not individual sale prices. The increase likely reflects broader market appreciation in the area since 2019 and the home's above-average living space.
4. With no garage, what are the parking options?
Parking would be on-street. Buyers should verify local parking regulations with the city to understand any permits or restrictions that may apply.
5. How significant is the home's age?
Built in 1908, the home is over a century old. This can mean charming original features but also requires a diligent inspection for aging components like wiring, plumbing, and the foundation. Its age is typical for the historic St. Boniface neighbourhood.