Property Overview
This one-and-three-quarter storey home, built in 1945, is situated on a notably large lot in Central St. Boniface. Its primary appeal lies in the combination of a spacious, above-average living area and a land footprint that ranks in the top tier for the immediate street and neighbourhood. The property presents as a solid, classic home with an unfinished basement and no garage, suggesting its value is anchored in its location and lot size rather than recent upgrades. It would suit a buyer looking for character in a established area, who values interior space and outdoor potential, and is prepared for the maintenance or customization that comes with an older home. It's less suited for those seeking a turn-key, modern property or attached garage parking.
Key Details & FAQs
Key Characteristics:
- Location & Lot: The standout feature is the 5,924 sqft lot, which is significantly larger than most comparable properties on Des Meurons Street and in Central St. Boniface. This offers rare potential for gardening, expansion, or simply more private outdoor space.
- The Home Itself: With 1,488 sqft of living space, the house is more spacious inside than many in the area. Its 1945 vintage means it has character but will likely require ongoing upkeep. The basement is unfinished and there is no garage.
- Ideal Buyer: This property suits a practical buyer or family who prioritizes lot size and interior square footage over modern finishes. It's a candidate for those comfortable with gradual renovation projects or who see value in the long-term potential of the land itself. Its assessed value aligns with the area, indicating a stable, not speculative, investment.
Frequently Asked Questions:
1. How does the lot size compare to nearby properties?
The lot is a key asset. At 5,924 sqft, it is approximately 30% larger than the average for similar homes on Des Meurons Street and in the Central St. Boniface neighbourhood.
2. What should I know about the home's condition given its age?
Built in 1945, the home is older than the Winnipeg city average. Prospective buyers should budget for and prioritize inspections of major aging components like the roof, plumbing, electrical, and foundation.
3. Is there potential to add a garage later?
The substantial lot size certainly provides the physical space to consider adding a detached garage or parking pad, subject to local zoning bylaws and permit approvals.
4. How does the last sale price relate to the current assessed value?
The home sold for $290,000 in 2017. Its current assessed value is $350,000. This difference reflects market changes over seven years and the assessed value for taxation, not necessarily the current listing or market price.
5. What does "one-and-three-quarter storey" mean for the layout?
This common style for the era typically features full-sized rooms on the main floor and smaller, often cozier rooms with sloped ceilings on the upper floor, which may be under the eaves of the roof.