Property Overview: 441 Langevin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central St. Boniface stands out for its generous proportions and established neighbourhood setting. Built in 1963, it offers a notably large living space of over 2,400 sq ft, placing it in the top tier of homes both locally and city-wide. The property sits on a sizable lot of over 6,300 sq ft, providing ample outdoor space that is increasingly rare in mature neighbourhoods. Key features include a renovated basement and a detached garage.
The primary appeal lies in its combination of space, location, and value. It offers the roominess often sought in newer suburbs but within a well-established, tree-lined community. The home suits buyers looking for a "blank canvas" with good bones—whether it's a growing family needing multiple bedrooms and play space, or a homeowner who values the potential of a large lot for gardens, additions, or outdoor living. Its above-average rankings for land and living area suggest it’s a property with inherent flexibility, appealing to those who prioritize long-term utility over a move-in-perfect finish.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the sale price?
The home last sold in March 2021 for $60,100, which was consistent with its assessed value at the time ($57,200). This indicates the sale was in line with municipal valuation, but a current market assessment is essential for today's price.
2. Is the home older or newer for the area?
Built in 1963, it is significantly newer than many neighbouring homes. On Langevin Street, it ranks in the top 10% for year built, as many nearby properties date to the early 1900s. This suggests potentially more modern construction fundamentals.
3. What does the "Elite" ranking for living area mean?
With 2,442 sq ft, this home's living space is in the top 3% for Central St. Boniface. Simply put, it offers far more interior space than the vast majority of homes in the neighbourhood, where the average is closer to 1,300 sq ft.
4. How does the lot size compare?
The 6,376 sq ft lot is well above average for both the street and the Central St. Boniface area. This provides a substantial yard, offering privacy and space that is uncommon in such central locations.
5. The sale price seems low. What should I consider?
The 2021 sale price reflects a different market climate. More importantly, it highlights this property as a value-driven opportunity based on its core assets—land and square footage—rather than high-end finishes. Buyers are investing in the underlying space and potential.