Property Overview
This two-storey home, built in 1942, is situated on a desirable, established street in Central St. Boniface. Its key appeal lies in its generous, nearly 4,000 sqft lot—a size that stands out positively within its immediate area—paired with a detached garage. The living space itself is a modest 880 sqft, indicating a home that is more traditional in its room sizes and layout. The basement exists but is noted as not renovated, presenting a clear opportunity for customization. The property last sold in 2016 for $240k, and its current assessed value is notably lower than the city-wide average, which may attract attention from value-conscious buyers.
This home would best suit a buyer who prioritizes land and location over move-in-ready perfection. It’s a solid candidate for an investor looking for a long-term hold in a stable neighbourhood, a handy homeowner planning a gradual renovation, or a first-time buyer seeking an entry point into a character-rich area like St. Boniface. The smaller interior footprint keeps heating and maintenance costs manageable, while the large lot offers future potential for expansion, gardening, or outdoor living.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean for a home of this era?
It usually indicates original or dated finishes, possibly with older mechanical systems (like plumbing or electrical). It’s functional space but will likely require updating to suit modern expectations for a living or recreational area.
2. The assessed value seems low. Does that affect the potential sale price?
Not directly. Municipal assessed value is used for calculating property taxes and often lags behind the current market. The sale price is determined by what buyers are willing to pay in today’s market, as evidenced by its last sale at $240k.
3. With a larger lot but smaller house, what are the possibilities?
The lot is the standout feature. It provides ample yard space, room for a detached garage or workshop, and future potential for an addition or even a garden suite, subject to local zoning bylaws and permits.
4. How does the living area compare to modern homes?
At 880 sqft, it is compact by today's standards. This suggests a efficient, cozy layout, likely with fewer but larger rooms compared to newer homes with more segmented floor plans. It’s a trade-off between character and space.
5. The home ranks "above average" for year built on its street. Is that good?
In this context, being newer than the street average (1942 vs. 1934) is a slight positive. It may suggest somewhat updated building materials or systems compared to immediate neighbours, though a full inspection is still essential for an 80+ year old home.