Property Overview: 2-758 St Joseph Street, Winnipeg
Key Characteristics & Appeal
This property at 2-758 St Joseph Street in North St. Boniface presents a compelling mix of value and practicality. Built in 2002, it is a relatively modern home compared to many on its street and across Winnipeg, potentially meaning fewer immediate concerns with aging components. With 1,170 sqft of living area, it offers above-average space for its immediate neighborhood, ranking in the top 6% on its street.
Its appeal is rooted in its position as a solid, middle-ground option. The assessed value of $263k is above average for its street but notably below the average for the wider North St. Boniface area, suggesting it may offer good value within a desirable location. This creates an interesting dynamic: you're acquiring a newer, spacious home for the street, but at an assessed value that sits in a more affordable tier for the neighborhood overall.
This home would suit first-time buyers or practical downsizers looking for a well-sized, modern property without a premium price tag. It’s also a sensible fit for value-oriented buyers who prioritize the fundamentals—good square footage and a newer build—over high-end finishes or a top-tier assessment value. A thoughtful perspective is that this property might represent a "stealth" opportunity within its area, offering the benefits of the community while standing out positively on its specific block.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $250k-$300k in June 2022. Its current assessed value of $263k sits within that range, indicating the assessment is closely aligned with its recent market transaction.
2. Is this a large home for the area?
Yes, for its specific street. At 1,170 sqft, it ranks 1st out of 17 comparable homes on St Joseph Street, making it more spacious than most direct neighbors. It is closer to the average size when compared to all of North St. Boniface.
3. What does the "Top 87%" ranking for value in the area mean?
This means the home's assessed value is in the bottom 13% for North St. Boniface. While this sounds low, it's important to note the area's average assessed value is much higher ($361.9k). This indicates the property is assessed at a more accessible price point within a generally higher-value neighborhood.
4. How can I find out the exact sold price from 2022?
The exact sold price is not publicly displayed on this site. You can request the full transaction history and exact figure by emailing the provided contact; they will manually look it up and send it to you.
5. Is the home newer than most in Winnipeg?
Yes. Built in 2002, it is newer than the average Winnipeg home (built around 1990). It is also significantly newer than the average on its own street, where comparable homes were typically built around 1998.