Property Overview: 708 St Jean Baptiste Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 708 St Jean Baptiste Street in North St. Boniface is a compact, character property built in 1944. With 881 square feet of living space on a 4,078 sqft lot, it sits below the average size for the neighbourhood and city. Its assessed value of $265,000 is notably lower than area averages, positioning it as a more accessible entry point into the market.
The primary appeal lies in its value proposition and location. It offers a chance to own a home in a well-established, historic neighbourhood at a price point that is competitive relative to its surroundings. The lot size is fairly typical for the immediate street, providing a balanced outdoor space without excessive maintenance. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—it's a post-war home on a street with older housing stock, suggesting a more modest and functional design from its era. It would likely suit first-time buyers, downsizers, or value-focused investors looking for a foothold in St. Boniface without a premium price tag. The recent sale in early 2023 indicates a turnkey property, but its age means prospective buyers should be prepared for the potential maintenance that comes with an 80-year-old home.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to nearby homes?
The home’s assessed value of $265,000 is below the average for St Jean Baptiste Street ($333.9k), North St. Boniface ($378.4k), and Winnipeg overall (~$390.1k). This suggests it is a competitively priced option in its area.
2. Is the living space smaller than other homes nearby?
Yes. At 881 sqft, the living area is smaller than the average home on its street (1,265 sqft), in the area (1,296 sqft), and across the city (1,342 sqft). It is a compact layout.
3. What is the significance of the 1944 build year?
Built in 1944, this home is newer than many on its street (where the average build year is 1931). This could imply potentially updated construction methods or components for its time, though it still requires consideration for age-related updates.
4. How does the lot size compare?
The 4,078 sqft lot is close to the average for St Jean Baptiste Street (4,297 sqft) but smaller than the broader city average. It provides a standard-sized yard for its immediate neighbourhood.
5. Where can I find verified historical sale prices?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the exact sale history and verified figures directly from the website via email, which they will provide manually.