Property Overview: 484 Notre Dame Street, North St. Boniface, Winnipeg
Key Characteristics & Appeal
This 735 sqft home, built in 1948, presents a compact and efficient living space on a nearly 5,000 sqft lot in North St. Boniface. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market, with an assessed value ($291k) that is notably below the citywide average. The lot size is a standout feature, offering above-average outdoor space for the street and presenting potential for expansion, gardening, or simply more privacy than newer, denser subdivisions.
The home suits first-time buyers or practical downsizers seeking a lower-maintenance property without a towering mortgage. It also appeals to value-oriented investors or hands-on buyers who see potential in a character home with a generous lot, where the value is anchored more in the land than the current structure. A less obvious perspective is its statistical normality on its own street; it’s not an outlier, suggesting it fits the established fabric of the neighborhood, which can be a marker of stability and predictable upkeep costs.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 735 sqft, the home’s living space is below average for Notre Dame Street, the North St. Boniface neighborhood, and Winnipeg overall. This indicates a compact, efficient layout.
2. Is the assessed value in line with the area?
The assessed value of $291k is very close to the average for Notre Dame Street but falls below the averages for both the wider neighborhood and the city. This suggests the property is priced for its specific location.
3. What is the potential based on the lot size?
The lot of 4,895 sqft is larger than the average lot on Notre Dame Street. This provides a valuable footprint that exceeds the home’s current size, offering options for outdoor use or future expansion, subject to zoning.
4. When was it last sold and for roughly how much?
Public records indicate it sold between $250k-$300k in October 2019. Exact sale prices require a manual lookup from the provider.
5. Where can I verify exact historical sale data?
The site notes that full MLS transaction history is not displayed due to industry rules. They offer to manually provide exact sold prices via email upon request.