Property Overview: 483 Des Meurons Street
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1940 on a decently sized lot in Central St. Boniface. Its key features include a renovated basement and a detached garage. The primary appeal lies in its location and land value. With a living area of 672 sqft, the house itself is notably smaller than most in the area, suggesting it's a straightforward, manageable footprint. The nearly 4,000 sqft lot, however, is a significant asset for the neighbourhood, offering ample outdoor space relative to the home's size.
This property would suit a specific type of buyer: a minimalist, a first-time homeowner looking for an entry point into a desirable area, or an investor. It's ideal for someone comfortable with a smaller interior who prioritizes location and the potential of the land—whether for gardening, future expansion, or long-term property value. The renovated basement adds functional living space, making the overall package more versatile than the main floor square footage alone suggests.
Section 2: Frequently Asked Questions
1. Is the house too small for practical living?
At 672 sqft, the main floor is compact. However, the renovated basement effectively doubles the usable living space, making it more functional than the initial square footage implies. It suits individuals, couples, or those comfortable with efficient living.
2. How does the lot size compare to others?
The land area of 3,911 sqft is a strong point. It's larger than many lots on the same street and is close to the average for the Central St. Boniface neighbourhood, offering a valuable outdoor parcel in an established area.
3. What does the assessed value indicate?
The assessed value is around average for both the street and the immediate neighbourhood. This suggests the property is valued in line with local norms, with the land likely contributing significantly to that valuation given the home's smaller size.
4. Is there potential for expansion or redevelopment?
The combination of a smaller, older home and a proportionally large lot in a central neighbourhood often presents such potential. Any buyer should investigate City of Winnipeg zoning bylaws and heritage considerations specific to St. Boniface to understand the full scope of possibilities.
5. The home last sold in 2022. What does that mean?
The recent sale indicates a quick turnaround, which can happen for many reasons. It underscores the importance of a thorough home inspection to understand the property's current condition and the nature of the renovations completed to the basement.