Property Overview
This one-and-a-half storey home, built in 1946, sits on a generous 4,717 sqft lot on Dollard Boulevard in Central St. Boniface. It features a renovated basement and a detached garage. With 1,126 sqft of living space, it presents a compact yet functional layout. The home sold recently in August 2024 for $37,200.
Key Characteristics & Appeal
This property’s primary appeal lies in its location and land value within a historic and sought-after neighbourhood. The lot size is notably above average for the immediate street and area, offering a relative rarity in mature communities: space. The renovated basement adds functional living area, a significant update for a home of this era. Its assessed and sale prices are modest, especially when viewed citywide, positioning it as an accessible entry point into St. Boniface.
It would suit a pragmatic first-time buyer or an investor looking for a land-value play in a stable neighbourhood. The buyer is likely someone who values location and lot potential over turnkey modern finishes, and is comfortable with the maintenance and character of an 80-year-old home. A less obvious perspective is that its very modest price point for the area could allow a new owner financial room to tailor renovations to their own taste over time, rather than paying a premium for someone else’s completed project.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, ceiling height, moisture control, and whether it includes a legal secondary suite or is simply improved living space.
2. How does the sale price relate to the assessed value?
The home sold for $37,200, which is slightly above its $34,700 assessed value. This is common, as assessed value for taxation purposes doesn't always equal market value. The sale suggests the market supported a modest premium over the assessment.
3. What is the significance of the lot size rankings?
The data shows the lot is in the top 35% on its street and top 44% in St. Boniface for size. This means the property has a larger-than-typical yard for the area, which is a key asset for outdoor space, gardening, or future expansion.
4. Are there any concerns with a home built in 1946?
While the renovated basement is a plus, a home of this age will likely have original components elsewhere, such as wiring, plumbing, or windows. A thorough inspection is essential to understand the condition and plan for potential updates.
5. What is the neighbourhood character of Central St. Boniface?
Central St. Boniface is a historic, established neighbourhood known for its Francophone culture, tree-lined streets, and strong community feel. It offers a mix of residential character with proximity to local shops, restaurants, and the Seine River.