Property Overview
This one-and-a-half storey home, built in 1946, sits on a generous 5,104 sqft lot in Central St. Boniface. With 1,218 sqft of living space, it features a renovated basement and sold recently for $325,000. Its assessed value is $310,000. The property presents a blend of established neighbourhood character and clear potential, positioned as a more accessible entry point within its desirable area.
Key Characteristics & Appeal
The primary appeal of 458 Aulneau Street lies in its location and lot. The property offers a sizable, above-average lot for Central St. Boniface, providing valuable outdoor space and potential in a well-regarded, historic neighbourhood. The home itself is more modest in size compared to others on the street, which is reflected in its recent sale price being below the street average. This creates an opportunity for buyers seeking a foothold in the area at a relatively accessible price point. The renovated basement adds functional living space.
It would suit a first-time buyer or an investor looking for a character home in a prime location without the premium price tag of a larger or fully updated property. It's also a candidate for someone interested in a long-term property with renovation and expansion potential, given the substantial lot size. A thoughtful perspective is that while the home's living area is compact, its lot size is a permanent asset that offers flexibility—whether for gardening, expansion, or simply more privacy than newer infill properties typically provide.
Frequently Asked Questions
Q: How does this home compare to others on the street?
A: It sits on a lot that is around the average size for Aulneau Street. However, the house itself has less living space and a lower assessed value than the street average, which contributed to its sale price being below the street norm.
Q: Is the renovated basement a full suite?
A: The listing confirms the basement is renovated but does not specify if it is a legal secondary suite. Buyers should verify its configuration and compliance with local regulations.
Q: What does the "below average" citywide ranking for year built mean?
A: Built in 1946, it is older than the average Winnipeg home. This is typical for established neighbourhoods like St. Boniface and indicates a character home that may require attention to older components like wiring or plumbing.
Q: The assessed value is $310k but it sold for $325k. Why?
A: A sale price above assessed value is common in active markets and reflects what a buyer was willing to pay. It suggests perceived value beyond the city's assessment, possibly due to the renovated basement, lot potential, or market conditions.
Q: Is the lack of a garage a major drawback?
A: This depends on the buyer. Many older homes in the area lack garages. The large lot does offer potential for adding a garage or parking pad, subject to zoning and permits, which could be a future project for the right buyer.