Property Summary: 227 Notre Dame Street, Winnipeg
Key Characteristics & Appeal
This home at 227 Notre Dame Street in North St. Boniface presents a compelling mix of modern convenience and established neighbourhood character. Built in 2004, it is a notably newer construction compared to most homes on its street and in the wider area, suggesting potentially lower maintenance and updated building systems. With 914 sqft of living space, it is a comfortably sized, manageable property rather than an expansive one, fitting for individuals, couples, or small families.
Its primary appeal lies in its desirable balance. The assessed value of $375k sits above average for Notre Dame Street itself, indicating it is perceived as a premium property within its immediate context. However, this value aligns closely with the averages for both North St. Boniface and the city overall, positioning it as a solid, market-aligned investment in a mature neighbourhood. The lot size of 4,158 sqft is standard for the street but smaller than the citywide average, offering a yard without the burden of extensive upkeep.
This property would best suit pragmatic buyers who value a newer home in a historic area without paying a significant "newness" premium citywide. It’s ideal for those seeking a turn-key residence with modern infrastructure, who appreciate the charm and community of St. Boniface, and who prefer a home size that encourages efficient living rather than maximizing square footage.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is above the average for Notre Dame Street, ranking in the top 17%. This suggests it is considered one of the more valuable properties on the block, likely due to its newer construction year.
2. Is the living space smaller than typical?
At 914 sqft, the living area is slightly below the average for both the North St. Boniface area and Winnipeg overall. It represents a more compact, efficient layout suitable for those not requiring extensive room counts or large formal spaces.
3. What does the sold price history indicate?
Public records show the home sold in September 2019 for between $300,000 and $350,000. The current assessed value of $375k reflects market appreciation since that last sale. For verified, exact historical sale figures, a manual lookup can be requested.
4. How does the lot size affect the property?
The lot is just under a tenth of an acre, which is very typical for the street but smaller than many newer suburban lots. This means manageable outdoor maintenance while still providing private outdoor space.
5. What is the significance of the 2004 build year?
Built 22 years ago, this home is significantly newer than the neighbourhood median, where many homes date to the early 1950s. This can translate to more modern wiring, plumbing, insulation, and windows, potentially offering energy efficiency and reliability benefits over older stock.