Property Overview: 340 Notre Dame Street, Winnipeg
Key Characteristics & Appeal
This home at 340 Notre Dame Street in North St. Boniface is a character property with practical advantages. Built in 1905, it offers a generous living space of 1,268 sqft, which is notably above average for homes on its own street. The lot size of 3,769 sqft provides decent outdoor space in an established neighbourhood. Its assessed value of $255k sits below the broader area and city averages, suggesting a potentially more accessible entry point into the market.
The appeal lies in its balance of historic charm and relative value. It suits a buyer who appreciates the character of an early-20th-century home and is prepared for the maintenance that comes with it, while also valuing space over a modern build. It’s a pragmatic choice for someone looking in North St. Boniface, prioritizing interior square footage and lot location over a newer construction or a premium assessment. A thoughtful perspective is that its "below average" assessment for the area might not reflect its above-average living space for the immediate street, highlighting a potential value nuance for a savvy buyer.
Frequently Asked Questions
1. What does the "below average" year built ranking mean for me?
It confirms the home is notably older than most in Winnipeg. This typically means potential for character and established landscaping, but also warrants a thorough inspection for updates to major systems like wiring, plumbing, and insulation.
2. The sold price shows a range from 2021. How can I get current or exact data?
The site provides sold price ranges from public data. For the exact historical sale figures and a fully verified transaction history, you must request a manual lookup via email, as MLS records are not displayed here due to industry rules.
3. How should I interpret the differing rankings for Living Area and Assessed Value?
The home ranks well for interior space on its street but is assessed lower than area averages. This can indicate a few things: the home may have fewer updates, the valuation methodology emphasizes age or other factors, or it may represent a value opportunity where you get more square footage for the dollar compared to neighbours.
4. What is the neighbourhood context like?
The "Open neighbourhood map analysis" link is designed to show this. It allows you to see nearby homes on a map and compare their year built, size, value, and lot size directly, giving a clear visual of how this property fits into the immediate streetscape.
5. Are the comparison averages ("Avg") a reliable benchmark?
The averages shown are rough medians for "comparable homes" in each scope (street, area, city). They are useful for a general snapshot but are not a substitute for a professional appraisal or a realtor's comparative market analysis (CMA) of recently sold, truly similar properties.