Property Overview
This two-storey home, built in 1914, is defined by its generous proportions and established St. Boniface location. Its primary appeal lies in its significant living space of 2,420 sq ft, which ranks in the top 4% of homes both on its street and across Winnipeg, offering rare interior volume for the area. The lot size is a comfortable 3,903 sq ft, providing ample outdoor space in a central neighbourhood. While the home retains its original character—evident in its unrenovated basement and lack of a garage—its assessed value and last sale price reflect its desirability based on size and location. This property would best suit a buyer who values space and location over turn-key readiness, such as a growing family seeking a character home with room to personalize, or an investor attracted by the solid fundamentals of a large home in a historic district.
Key Considerations & FAQs
1. What does "unrenovated basement" typically imply for a home of this age?
It likely means the basement retains its original foundation, flooring, and layout. While it offers significant storage or potential, it may have lower ceilings, older mechanical systems, and would require proper inspection for moisture management and modernization.
2. The assessed value is much lower than the last sale price. Why is that?
Municipal assessed value for taxation purposes often lags behind market value, especially in active markets. The sale price reflects what a buyer was willing to pay for the home's unique space and location, which isn't always captured in the formula-based assessment.
3. With no garage, what are parking options?
The property likely relies on street parking or the potential for a driveway. Buyers should verify local parking regulations and consider the feasibility and cost of adding a garage or paved parking pad in the future.
4. The home is much larger than neighbourhood averages. What are the pros and cons?
The pro is exceptional interior space for the area. A less obvious con is that utility costs and property taxes may be higher relative to neighbouring homes, and future resale may be to a narrower pool of buyers seeking this specific size.
5. How significant is the 1914 build date?
It places the home in Winnipeg's early development period, suggesting potential for historic character like plaster walls, original woodwork, and unique architectural details. It also underscores the importance of a thorough inspection focusing on updates to wiring, plumbing, insulation, and the roof, as major systems may have been replaced at various times over the decades.