Property Overview & Appeal
This one-and-a-half storey home, built in 1941, sits on a standard-sized lot in Central St. Boniface. Its key characteristic is its compact and efficient 942 sqft living space, which is complemented by a renovated basement, adding valuable functional area. The home features a detached garage. Its appeal lies in its position as an affordable, no-fuss entry point into the established St. Boniface neighbourhood. The recent renovation of the basement suggests some modern updates without the premium of a fully rebuilt home.
This property would suit first-time buyers or investors looking for a straightforward, lower-maintenance footprint in a central location. It’s a practical choice for those who prioritize location and lot potential over square footage, as the living area is modest compared to area averages. A thoughtful perspective is that while the home itself is smaller, it offers the chance to live in a sought-after community at an accessible price point, with the renovated basement providing crucial extra space for storage, a home office, or recreation.
Frequently Asked Questions
Is the lot size a disadvantage?
At 3,834 sqft, the lot is slightly below the average for St. Boniface but is a very typical size for the immediate street. It offers standard outdoor space for a city home without extensive yard maintenance.
What does "renovated basement" typically mean here?
While specifics aren't listed, in a home of this era and price point, this often indicates foundational updates like moisture control, improved flooring, and finished living space, making it a functional part of the home rather than just storage.
How does the assessed value relate to the sale price?
The home last sold for $29.2k, below its $32.2k assessed value. This can reflect market conditions at the time of sale, the property's specific condition, or negotiated terms, and isn't uncommon.
Is the smaller living area a concern?
At 942 sqft, the above-ground living space is compact. The appeal depends on the buyer's needs; it's efficient for individuals or couples, with the renovated basement effectively increasing the usable square footage.
Who might this property not suit?
It may not suit buyers looking for a move-in-ready, modern open-concept layout or those requiring multiple large bedrooms on the main floors. It's a home with classic, compartmentalized layout from the 1940s.