Property Summary: 424 Youville Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in Central St. Boniface presents a compelling blend of space, modernity, and location. Built in 2002, it is notably newer than most homes in the area, offering contemporary construction and likely fewer immediate maintenance concerns compared to the neighbourhood's many heritage properties. With 1,731 sqft of living space, it provides ample room, ranking well above average for both the street and the wider community.
Its appeal lies in this balance: you get a modern, spacious home within a mature, character-rich neighbourhood. The lot size is generous for the area, and the home includes an attached garage and a renovated basement—practical features that add significant functional value. The property’s strong assessed value and its above-average sale price in 2016 suggest it has been a solid investment.
This home would suit buyers looking for move-in readiness without sacrificing lot size, particularly those who appreciate St. Boniface’s culture and amenities but prefer the layout and systems of a newer build. It’s ideal for a small family or professionals seeking space for a home office, with the renovated basement offering flexibility for recreation or guests. A thoughtful perspective: this property allows one to enjoy the established, leafy ambiance of Youville Street without the potential restoration projects common to the neighbourhood’s older homes.
Section 2: Frequently Asked Questions
Q: How does the 2002 build date compare to the rest of St. Boniface?
A: It’s significantly newer. The home is in the top 7% for year built in Central St. Boniface, where the average comparable home was built in 1939. This is a key differentiator.
Q: Is the living space larger than typical?
A: Yes. At 1,731 sqft, the living area ranks in the top 15% for both the immediate street and the broader neighbourhood, offering more interior space than most nearby homes.
Q: What does the "renovated basement" entail?
A: The listing confirms the basement is renovated but does not specify the finish or layout. This would be a key point for your viewing and for discussions with the listing agent to understand the quality and permitted use of the space.
Q: The assessed value seems low at $56.10k. Is that accurate?
A: This is a common point of confusion. In Manitoba, the assessed value is not market value; it is a figure used for calculating property taxes. The market value is better indicated by the last sale price of $510,000 in 2016 and current listing prices.
Q: How does the lot size compare?
A: The 5,271 sqft lot is above average for Central St. Boniface (top 30%), providing good outdoor space. On Youville Street itself, it is very close to the average lot size for comparable homes.