Property Overview: 540 De La Morenie Street, Central St. Boniface
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1944, is situated on a notably generous lot in the sought-after Central St. Boniface neighbourhood. Its primary appeal lies in the combination of a large, private yard—ranking in the top 5% for land size on its street—and a recently renovated basement, offering immediate modern living space and potential. While the living area is comfortable and above average for the immediate area, the true value is in the property's footprint and location.
The home suits buyers looking for a character home in a mature, established neighbourhood with room to grow. It’s ideal for someone who values outdoor space over a massive interior square footage and is comfortable with the maintenance of an older home. A thoughtful perspective is that this property represents a "land-forward" opportunity in St. Boniface; the lot itself is a significant asset in a neighbourhood where such spacious parcels are becoming rarer. It would appeal equally to a young family wanting a safe backyard and to a long-term investor or homeowner who sees the potential for future expansion or landscaping projects.
Frequently Asked Questions
1. How does the lot size compare practically?
The lot is approximately 5,924 square feet, which is significantly larger than most in Central St. Boniface and on the street itself. This translates to ample backyard space for gardens, play areas, or entertaining, well beyond what's typical for the area.
2. What should I know about a home built in 1944?
While the basement has been renovated, the core structure is 80 years old. Prospective buyers should budget for and expect maintenance consistent with a home of this era, such as potential updates to original windows, plumbing, or electrical systems. A thorough inspection is highly recommended.
3. What does the "assessed value" figure mean for the sale price?
The municipal assessed value ($37,200) is for taxation purposes and is typically much lower than the market value. The last recorded sale was in March 2021 for $36,300. The current listing price will be determined by the current market and is not directly indicated by these figures.
4. Is the garage included?
Yes, the property includes a detached garage.
5. How does the living space feel for a family?
With 1,408 sqft of living area, the home is spaciously sized compared to its direct neighbours (top 22% on the street). The renovated basement adds flexible living space, making it functional for a small to medium-sized family, with the large lot providing crucial "breathing room."