Property Overview: 328 Youville Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated, one-and-a-half storey home in Central St. Boniface, built in 1946. It sits on a near-standard 4,999 sqft lot for the area and offers 1,223 sqft of living space. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The home’s appeal lies in its solid positioning within a desirable, established neighbourhood. It presents as a practical and grounded opportunity rather than a luxury offering.
Its assessed value ranks above average for both its immediate street and the broader St. Boniface area, suggesting it is viewed favorably relative to its local peers. The home last sold in September 2023 for $37,500. This profile would suit a first-time buyer, an investor looking for a character property with some updates, or someone seeking a lower-maintenance footprint in a walkable, historic community without the premium of a newer or larger home. A thoughtful perspective is that while its city-wide rankings for size and age are average, its strong standing within the neighbourhood indicates you are purchasing a property that holds its value well in its specific, sought-after context.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed. A prospective buyer should inquire about the finish, ceiling height, moisture control, and the nature of the renovations to understand the true added value.
2. How does the recent sale price relate to the assessed value?
The home sold for $37,500 in 2023, which is slightly below its current $40,100 assessed value. This close alignment suggests the market and municipal assessment are in relative agreement on its worth, providing a stable benchmark for valuation.
3. Is the detached garage in good condition, and what are its dimensions?
The listing notes a detached garage but does not specify its size, condition, or potential for parking. This is a key point for verification, as the state and utility of an older detached garage can vary significantly.
4. Given the home's age (1946), what should I be aware of?
While the renovated basement is a plus, a home of this age will likely have original or aging core components. A thorough inspection should focus on the roof, foundation, wiring, plumbing, and windows to anticipate maintenance needs or future upgrades.
5. How does this property truly compare to others on the street?
The data shows that for key metrics like land area and assessed value, this home ranks in the top 25-40% on Youville Street itself. This indicates it is a competitive property within its immediate block, often a more relevant comparison than city-wide averages.