Property Overview & Key Characteristics
This two-storey home on Ritchot Street in Central St. Boniface is defined by its historic character and practical footprint. Built in 1910, it offers a generous living area of 1,464 sqft, which is notably above average for both the immediate street and the neighbourhood. The lot size of 3,188 sqft is typical for the street but smaller than the wider city average, suggesting a manageable outdoor space. Key features include a basement (not renovated) and no garage or pool.
Its appeal lies in a balance of historic charm and functional space within a sought-after, established neighbourhood. The home’s living space is its standout asset, offering more room than many comparable properties nearby. It suits a specific type of buyer: those seeking a character home who are comfortable with the maintenance and potential updates that come with a 116-year-old property, and who value location and interior space over a large lot or modern renovations. It’s a practical entry point into St. Boniface for a hands-on buyer, not a turn-key solution.
Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is around the average for the area. It’s important to note that this is for municipal tax purposes and is typically lower than current market value, which is influenced by recent sales, condition, and demand.
2. How does the lot size compare?
At 3,188 sqft, the lot is around average for Ritchot Street itself but below the average for both Central St. Boniface and Winnipeg overall. This means the yard is manageable and typical for the immediate block, but not expansive.
3. The home is older—what should I consider?
Built in 1910, it is among the older homes on the street and in the city. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like wiring, plumbing, and the foundation, and budget for ongoing maintenance.
4. The living area is listed as "above average." How significant is this?
With 1,464 sqft, the home offers more interior space than about 72% of similar homes in the neighbourhood. This is a key advantage, suggesting a more spacious floor plan than many other character homes in the area.
5. It sold for $28.5k in 2020. What does that mean?
That prior sale price is not reflective of a normal market transaction and likely represents a nominal transfer, such as between family members. It should not be used as a benchmark for the property’s current market value.