Property Overview: 513 De La Morenie Street, Central St. Boniface
Key Characteristics & Appeal
This is a well-situated, character home in the sought-after Central St. Boniface neighbourhood. Built in 1938, it’s a one-and-a-half storey house with 1,152 sqft of living space on a 3,902 sqft lot. Key features include a renovated basement and a detached garage. The home presents a practical blend of original charm and updated utility.
Its primary appeal lies in its location and balance. The lot size is generous for the area, offering more outdoor space than many nearby properties, while the living area is comfortably average for the neighbourhood. Having a renovated basement adds valuable, flexible space. The 2021 sale price of $330k was typical for the area at that time, suggesting it’s a stable, established property rather than an outlier.
This home would suit a buyer looking for a grounded entry into a mature, walkable community like St. Boniface. It’s ideal for someone who appreciates a home with history but doesn’t want a major renovation project, thanks to the updated basement. It could work well for a small family, a couple, or an investor seeking a character property with proven rental appeal in a consistent market.
Frequently Asked Questions
1. How does the lot size compare to others?
The 3,902 sqft lot is below the city-wide average but is actually larger than many lots on its own street and in Central St. Boniface. This means you get more private outdoor space than most immediate neighbours, which is a notable advantage in an older neighbourhood.
2. What does the "renovated basement" likely include?
While specifics aren’t listed, a renovated basement in a home of this era typically means it has been finished into a livable space, possibly with a recreation room, laundry, and storage. It’s a key feature that adds functional square footage without altering the home’s original character upstairs.
3. Is the assessed value the same as the market value?
No. The listed assessed value is for municipal tax purposes. The home last sold for $330,000 in 2021, which is a more relevant indicator of its market value at that time. Current market value would depend on present conditions and any further updates.
4. What are the implications of the home's "around average" rankings?
The home consistently ranks near the middle for its street, neighbourhood, and city across metrics like size, year built, and value. This indicates a property that is well-integrated into its community, with less risk of being over-improved or under-improved compared to nearby homes—a sign of market stability.
5. What should I consider about a detached garage from 1938?
While offering valuable storage or parking, a garage of this age may have specific maintenance needs or limitations, such as a narrower width for modern vehicles or outdated electrical service. It’s a useful asset, but its condition and functionality should be verified.