Property Overview
This is a substantial, century-old home in Winnipeg's Central St. Boniface neighbourhood. Built in 1913, it sits on a generous lot of nearly 4,750 sqft and offers significant living space of over 2,175 sqft across two and a half storeys. The property features a detached garage, and while it has a basement, it is noted as not being renovated. The home last sold in 2016.
Key Characteristics & Appeal
The primary appeal of this property lies in its impressive scale and established location. The living area is notably large, ranking in the top 3% of similar homes on its street and well above averages for the neighbourhood and city. This makes it a rare find for buyers seeking spacious, character-filled homes in a central area. The lot size is also solidly above average for St. Boniface, offering good outdoor potential.
Its appeal is balanced by its age and condition. The 1913 build date means it is a true character home, likely with original architectural details, but also implies a need for careful maintenance and potential updates. The unrenovated basement presents both a project and an opportunity for customization.
This home would best suit a buyer who values space and location over turn-key modern finishes. It’s ideal for a growing family seeking a long-term project to shape to their tastes, or an investor/renovator who sees value in the underlying assets—the large lot and substantial square footage—in a desirable historic neighbourhood. The assessed value, which ranks in the elite tier for the area, reflects this underlying value proposition.
Frequently Asked Questions
1. What does "not renovated" for the basement imply?
It typically means the basement retains its original or older state. Expect foundational finishes like concrete floors and walls, older mechanical systems (plumbing, electrical), and a layout that may not conform to modern living standards. It represents a blank canvas but will require investment to finish.
2. How does the 2016 sale price compare to the current assessed value?
The home sold for $51,200 in 2016 and now carries an assessed value of $61,500. This increase reflects market changes and the city's assessment of its value relative to comparable properties, not necessarily a current market listing price.
3. Is the large living area typical for a home of this age in St. Boniface?
No, it is quite atypical. The data shows its living area is dramatically larger (over 900 sqft more) than the average for comparable homes in the immediate neighbourhood, indicating this is a particularly spacious home for the area.
4. What are the considerations with a 1913-built home?
Key considerations include the potential for outdated wiring, plumbing, and insulation. There may also be heritage character elements to preserve. A thorough pre-purchase inspection is essential to understand the condition of the structure, roof, and foundation.
5. The lot is large for the area. What are the possibilities?
The above-average lot size offers more private outdoor space than many neighbouring properties. This allows for larger gardens, recreational space, or even the potential for future additions like a shed or deck, subject to local zoning and bylaws.