Property Overview
This one-and-a-half storey home, built in 1906, sits on a standard city lot in Central St. Boniface. Its key appeal lies in the balance it strikes between historic character and modern updates. The home features a renovated basement and a detached garage, with a living area that is notably spacious compared to other homes on its street. While the structure itself is older than most in the city, this is offset by its above-average interior space for the immediate area and a recent sale price that aligns with neighborhood norms. The property would suit a buyer looking for a home with roots and established community feel, who values more interior room over a large yard, and who appreciates a location where the home’s assessed value is in line with its surroundings.
Key Characteristics & Appeal
- Character & Space: Built in 1906, this home offers historic charm. With 1,274 sqft of living space, it provides more room than most comparable houses on Bertrand Street, making it a practical choice within an older streetscape.
- Modernized Foundation: The renovated basement adds functional, updated living space, which is a significant asset in a century-old home.
- Location Context: Situated in Central St. Boniface, the property sits on a typically sized lot for the area. Its assessed value and last sale price are both firmly around the average for the neighborhood, suggesting it is priced in line with market expectations without premium or discount for its age.
- Ideal Buyer: This home is well-suited for a buyer who prefers character and established neighborhoods over new construction. It appeals to those who want a manageable lot with a detached garage and value interior space, and who are comfortable with the maintenance considerations of an older home. It represents a grounded, mid-range option in a historic community.
Frequently Asked Questions
1. How does the age of the home (1906) affect its value and appeal?
While the home is significantly older than the Winnipeg average, its assessed and sale values are consistent with the Central St. Boniface area. The appeal is in its character and established location, though buyers should budget for potential maintenance specific to older structures.
2. Is the living space adequate for a family?
At 1,274 sqft, the living area is above average for homes on its street and typical for the neighborhood. This suggests it is a viable size for a small to medium family, especially with the additional renovated basement space.
3. What does the "around average" sale price indicate?
The last sale price of $330k was around average for the neighborhood. This indicates the home is not priced at a premium for its historic age nor discounted for it; it is seen as a standard offering within the Central St. Boniface market.
4. How does the lot size compare?
The lot of 3,982 sqft is typical for Central St. Boniface but below the citywide average. This points to an urban, neighborhood-focused setting rather than a suburban one with expansive outdoor space.
5. What is the significance of the renovated basement?
In an older home, a renovated basement is a key functional upgrade. It adds usable living or storage space that is modern and finished, which can offset the need for immediate updates elsewhere.