Property Overview: 784 St Joseph Street, North St. Boniface, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 784 St Joseph Street presents a practical and well-situated offering in North St. Boniface. Built in 1989, it is a relatively newer property compared to many in Winnipeg, potentially meaning fewer concerns with aging infrastructure. With 1,065 sqft of living space and a 4,534 sqft lot, its size is modest and squarely average for its immediate street and neighborhood, appealing to those seeking manageable upkeep.
The primary appeal lies in its value positioning within the desirable North St. Boniface area. While the home is average on its own street, its assessed value of $434k ranks notably above the neighborhood average. This suggests you are investing in the location—a mature, established community with character—rather than an oversized house or lot. The property last sold in late 2020, providing a recent market anchor point.
This home would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into a stable neighborhood without the premium for a larger, renovated character home. It’s for someone who values community and location over sheer square footage, and who may see potential in a property that is comfortable as-is but could be updated over time.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above the average for North St. Boniface, ranking in the top 29% locally. This indicates you are paying a premium for the neighborhood itself, while the home’s physical characteristics (size, lot) are more average.
2. Is the 1989 build date an advantage?
Yes, relatively. It ranks as newer than about 80% of homes in North St. Boniface and 77% citywide. This age often means modern construction standards, potentially more efficient insulation, wiring, and plumbing compared to much older area homes.
3. What does the sold price history tell us?
It sold between $350k-$400k in October 2020. This provides a concrete benchmark for its pre-pandemic value, helping to gauge market appreciation since then. Exact sold prices are available upon direct request.
4. Is the lot size a limitation?
At 4,534 sqft, the lot is slightly below average for the street and neighborhood but is still a good size for a private yard, garden, or patio. It’s not overly expansive but is typical for the area’s denser, community-focused layout.
5. How are the rankings and comparisons calculated?
The rankings (e.g., "Top 29%") show how this property compares to a defined group of "comparable homes" on that specific metric—whether on its street, in North St. Boniface, or across Winnipeg. A higher rank means it outperforms more peers in that group for that feature.