Property Overview: 406 Cabana Place, Central St. Boniface
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1953, sits on a generously sized lot of over 6,150 square feet in the established Central St. Boniface neighbourhood. Its primary appeal lies in the combination of a renovated basement and a land footprint that is significantly larger than most city lots, offering space and potential in a central location. The detached garage adds practical utility.
The home’s living area of 1,295 sq ft is comfortably sized, ranking well above average for its immediate street. While the assessed and recent sale values position it as an above-average investment within its neighbourhood, they are around the city-wide median, suggesting a grounded entry point into a desirable area. This property would particularly suit a buyer who values outdoor space over sheer interior square footage, or someone looking for a character home with a renovated lower level and the opportunity to tailor the main living spaces to their own taste. Its strong lot size and mature neighbourhood setting offer a less obvious appeal for those envisioning long-term value through landscaping, gardening, or future expansion, within a community known for its history and charm.
Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a key feature. At 6,157 sq ft, it is larger than approximately 84% of lots in Central St. Boniface and provides substantial outdoor space relative to most city properties.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish, rooms, or ceiling height are not provided here. This would be a key point for your viewing and inspection.
3. Is the year built (1953) a concern?
The home is older, but its construction year is actually the newest on its street and newer than the average for St. Boniface. This suggests well-maintained or updated properties are valued in the area. A thorough inspection for systems, wiring, and insulation is always recommended for any home of this age.
4. How does the sale price relate to the assessed value?
The home sold recently for $38,500, which is very close to its last assessed value of $38,300. This indicates the sale was in line with municipal valuation and market expectations at that time.
5. What is the context for the living area size?
At 1,295 sq ft, the living space is above average for its specific street but aligns with the typical size for the broader neighbourhood and city. The layout and flow of a one-and-a-half storey design will be as important as the square footage.