Property Overview: 234 La Verendrye Street, Winnipeg
Key Characteristics & Appeal
This home in North St. Boniface stands out for its generous scale and established value within its community. Its nearly 2,000 sqft of living space is notably larger than most comparable homes on its street, in the area, and across Winnipeg, placing it in the top 10-13% for size. This suggests a spacious, well-proportioned interior, a rarity for its vintage. Built in 1945, it is a character home typical of the neighbourhood’s built form.
The appeal lies in securing an above-average asset in a mature area. With an assessed value significantly higher than street and area averages, the property demonstrates a strong valuation foundation. It last sold in late 2021, providing a relatively recent market benchmark. The lot is a standard size for the locale, offering typical outdoor space without excessive maintenance.
This property would best suit a buyer looking for character and space over a brand-new build. It’s ideal for someone who appreciates the established trees and quiet streets of St. Boniface and is prepared to care for an older home. It appeals to those who see value in a home that already outperforms its immediate peers in key metrics like size and assessed value, viewing it as a stable, substantial holding in a historic community.
Frequently Asked Questions
1. How current is the sold price information?
The listed sale from October 2021 is based on publicly available data. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS records.
2. What does the "top X%" ranking mean for me?
It contextualizes the home against specific peer groups. For example, ranking in the "Top 9%" for living area on its street means 91% of similar nearby homes are smaller. This highlights where the property has competitive advantages or is simply on par with its surroundings.
3. The home was built in 1945. What should I consider?
While the build year is average for St. Boniface, it is older than the typical Winnipeg home. Prospective buyers should budget for updates common to houses of this era, such as windows, roofing, or electrical systems, and prioritize a thorough inspection.
4. Is the assessed value a reliable indicator of market price?
Municipal assessed value (here $485k) is for tax purposes and is a lagging indicator. While this home's assessment is strong relative to neighbours, market price is determined by current conditions, buyer demand, and the home's specific state. The 2021 sale price provides a more recent, though not current, market data point.
5. How does the lot size compare?
At just over 5,000 sqft, the lot is perfectly average for both La Verendrye Street and North St. Boniface. It offers standard urban yard space but is smaller than the city-wide average lot, which is typical for established inner-city neighbourhoods.