Property Overview
This one-and-three-quarter storey home, built in 1912, is situated on a standard-sized lot in Central St. Boniface. Its key appeal lies in its established neighbourhood setting and its position as a relatively affordable entry point into the Winnipeg market. The home presents a classic footprint with 1,302 sqft of living space and includes a detached garage and a basement (not renovated).
Key Characteristics & Ideal Buyer
The property's data reveals a home that is very typical for its immediate street and neighbourhood in terms of lot size, living area, and assessed value. Its most notable characteristic is its age; built in 1912, it is older than most homes on its street and in Winnipeg overall. This suggests a buyer should be prepared for the potential maintenance and updating needs inherent to a century-old structure. The appeal is grounded in location and value: it offers a chance to live in Central St. Boniface at an assessed value that sits below both the neighbourhood and city-wide averages for similar homes. This would suit a pragmatic, hands-on buyer—perhaps a first-time homeowner or an investor—who sees potential in a character home and is less daunted by a project. It’s not a modern, turn-key property, but a solid baseline in a desirable area for someone willing to grow its value over time.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has slightly less full-height living space than the main floor, often with sloped ceilings or dormer windows, providing a cozy, character-filled upper level.
2. The assessed value is listed around $30k, but a nearby home sold for $24k. Why is there a discrepancy, and what does this mean for property taxes?
Assessed value is used by the city to calculate property taxes and may not reflect current market sale prices, which are influenced by condition, timing, and buyer demand. Your taxes would be based on the assessed value, not the historical sale price.
3. The basement is noted as "not renovated." What should I expect?
For a home built in 1912, this likely indicates a traditional, foundational cellar space. It may have low ceilings, concrete walls and floors, and be primarily used for utilities and storage rather than finished living space. Inspection for moisture and foundational integrity would be advisable.
4. How does the lot size compare, and what are the implications?
At just under 4,000 sqft, the lot is average for St. Boniface but below the Winnipeg average. This means a manageable yard for maintenance while still offering outdoor space, but it may not allow for major expansions without variances.
5. Given its age, what are the most important inspection points?
Beyond a standard inspection, special attention should be paid to the electrical wiring, plumbing (likely original or partially updated), the roof structure, and the foundation for an early 20th-century home. The heating system and insulation levels are also key factors for both comfort and ongoing costs.