Property Overview: 489 Notre Dame Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 489 Notre Dame Street in North St. Boniface is defined by its historic character and its position as a more affordable entry point into the Winnipeg market. Built in 1918, it offers a compact 879 sqft of living space on a roughly 4,039 sqft lot. The data clearly indicates its primary appeal: value. With an assessed value of $212k, it sits significantly below average for the area and the city, making it one of the more accessible properties available.
Its appeal lies in the opportunity it presents. It suits first-time buyers or investors seeking a lower-cost foothold in a well-established neighbourhood. The lot size is notably more generous than the living space, which could appeal to someone with future expansion in mind or who prioritizes outdoor space. A thoughtful perspective is that its age and smaller size relative to the neighbourhood might mean lower utility costs and less maintenance square footage, aligning with a practical, minimalist lifestyle. However, it’s best suited for buyers comfortable with the realities of an older home and who see potential rather than immediate turn-key perfection.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold twice in recent years (2019 and 2022), both times within the $200k-$250k range. The current $212k assessment aligns closely with these past sale prices, suggesting a stable value history in that band.
2. Is the living space unusually small for the area?
Yes. At 879 sqft, the living area is below average for Notre Dame Street, the wider North St. Boniface area, and Winnipeg overall. This is a key factor in its lower valuation and indicates a cozier, more efficient layout.
3. What does the "below average" ranking for Year Built mean?
The rankings show the home is older than most. Built in 1918, it is notably older than the average home on its street (avg. ~1951) and in the city (avg. ~1966). This underscores its historic nature and implies that updates and systems may be from a different era.
4. Is the lot size a positive feature?
Potentially. While below the city average, the 4,039 sqft lot is closer to the average for Notre Dame Street itself. For this specific property, the lot is proportionally larger than the house, which could be a asset for gardening, adding a deck, or future renovations.
5. How can I get the exact past sale prices?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sale figures are not displayed. You can request the exact historical sold prices by emailing the site directly for a manual lookup, which they provide without using your email for marketing.