Property Overview: 500 Notre Dame Street, Winnipeg
Key Characteristics & Appeal
This home at 500 Notre Dame Street in North St. Boniface is a character property that presents a balanced, middle-of-the-road profile within its immediate context. Built in 1948, it offers 917 sqft of living space on a nearly 5,000 sqft lot, with an assessed value of $311,000. Its primary appeal lies in its established location and relative affordability compared to broader city averages. The data suggests it is a typical home for its specific street, generally aligning with or slightly below neighborhood and city benchmarks for size and value, but not standing out as exceptionally high or low in any category.
This property would suit a first-time buyer or a downsizer looking for a solid entry into a mature neighborhood without a premium price tag. Its lot size is a notable asset, offering above-average outdoor space for the street itself, which could appeal to someone interested in gardening, expansion, or simply more private yard space than newer infill lots typically provide. The recent sale in late 2024 within the $300k-$350k range indicates a market-tested value. It’s a practical choice for a buyer who values location and lot potential over modern square footage or a turn-key, updated interior.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 917 sqft, the living area is slightly below the average for both the North St. Boniface neighborhood (1,296 sqft) and Winnipeg overall (1,342 sqft). However, on its own street, it is much closer to the average, ranking in the top 61% for size among its immediate neighbors.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $311,000 is a municipal valuation for tax purposes. The home sold for between $300,000 and $350,000 in October 2024, which provides a more current and direct market benchmark. This sold price range was in the top 31% for its street, indicating it may have features or conditions that appealed strongly to the market relative to other homes on Notre Dame Street.
3. What are the implications of the home being built in 1948?
The age (78 years) is typical for the street and area. Buyers should budget for potential updates to major aging components like plumbing, electrical, windows, and the roof. A thorough home inspection is essential. On a positive note, homes of this era often feature more substantial construction materials and larger lot sizes than many newer builds.
4. How does the lot size compare?
The 4,893 sqft lot is a key feature. It is larger than the average lot on Notre Dame Street itself and provides more outdoor space than many properties in central Winnipeg neighborhoods. This could allow for additions, landscaping, or recreational space that isn't always available with newer infill housing.
5. Where can I get the exact historical sold price data?
The website notes that due to industry rules, exact MLS sold records are not displayed publicly. They offer a manual lookup service where you can request the exact sold price history via email, which they will provide without using your contact information for marketing.