Property Summary: 623 Langevin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Central St. Boniface is defined by its generous proportions and established character. Built in 1946, it sits on a larger-than-average lot for the neighbourhood (over 5,300 sq ft), offering valuable outdoor space. The nearly 2,000 sq ft of living area is notably spacious, ranking well above average for both the street and the wider city. A key feature is the renovated basement, adding modern, functional space. The home includes a detached garage.
Its appeal lies in a blend of classic charm and practical updates, situated in a sought-after, historic neighbourhood. The lot size and living space are significant advantages, providing room to grow or garden that is harder to find in newer infill developments. The high assessed value relative to nearby homes suggests it is a substantial and well-regarded property on its block.
This property would best suit a buyer looking for a character home with ample indoor and outdoor space, who values the mature setting and community feel of St. Boniface. It’s ideal for someone who appreciates a home with established roots and the potential that a renovated basement and large lot provide, rather than a brand-new build.
Section 2: Frequently Asked Questions
1. What does the high assessed value relative to the 2020 sale price indicate?
The assessed value is significantly higher than the home's last sale price. This typically reflects strong market appreciation, substantial improvements made to the property (like the basement renovation), or a combination of both. It suggests the home's municipal valuation has increased considerably.
2. Is the 1946 build date a concern?
While older, the year built is actually above average for both Langevin Street and St. Boniface, meaning it fits the neighbourhood's vintage. The key points to investigate are the condition of major aging components (like the roof, wiring, and plumbing) and the quality of updates, particularly the basement renovation.
3. How does the lot size compare in practical terms?
At over 5,300 sq ft, the lot is about 15% larger than the average for Central St. Boniface. This translates to more private yard space, better potential for landscaping, gardening, or outdoor living, and possibly more distance from neighbouring homes than is typical.
4. Who might the detached garage be important for?
Beyond vehicle storage, a detached garage is appealing for hobbyists, woodworkers, or those needing a workshop space. It can also be ideal for families with multiple drivers or those wanting a clear separation between garage projects and the main house.
5. The home ranks "below average" citywide for year built. Is that relevant?
This citywide statistic is less meaningful for a character neighbourhood like St. Boniface. Most homes in this area are older, and the charm and location are primary draws. The more relevant comparisons are the "above average" rankings for the street and neighbourhood itself, confirming it aligns with the local housing stock.