Property Overview: 79 Des Intrepides Promenade, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home, built in 1989, is a well-situated property in North St. Boniface. With 1,301 sqft of living space on a 5,572 sqft lot, it offers a practical footprint for comfortable living. The core appeal lies in its strong value positioning within the broader market. While the home's size is slightly below average for its specific street, its assessed value of $524k stands significantly above the averages for both the wider neighbourhood and the city. This suggests you are acquiring a property in a desirable location, with the underlying land and community appeal contributing substantially to its worth.
The home suits buyers who prioritize location and lot size over sheer interior square footage. It’s ideal for someone looking for a established, mature property in a sought-after area, potentially offering a solid foundation for future updates. A thoughtful perspective is that this property represents a balance: it’s newer than many city-wide homes, offering modern construction basics, while its value is already well-recognized in the area, indicating stability rather than undiscovered potential.
Frequently Asked Questions
1. How does this home’s value compare to its recent sale price?
The home sold in July 2021 for an estimated $550k-$600k. Its current assessed value of $524k is below that sale range, which may reflect market adjustments or the assessed value lagging behind recent sale prices.
2. Is the living space considered small for the area?
At 1,301 sqft, it is below the average for homes on Des Intrepides Promenade itself. However, it is very close to the average size for both North St. Boniface and Winnipeg overall, indicating it’s a reasonably standard home size in the broader context.
3. What does the "above average" assessed value ranking mean?
Ranking in the top 18% in North St. Boniface and top 16% city-wide for assessed value means this property is officially valued higher than most comparable homes. This typically reflects a combination of its lot, location, and building characteristics.
4. How can I find out the exact historical sale price?
The site provides sold price ranges for quick reference. To obtain the exact sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What is the significance of the year built (1989)?
Built in 1989, this home is newer than most in Winnipeg (average year built 1966) and in North St. Boniface (average 1953). This can mean updated building materials, electrical systems, and insulation standards compared to much older stock, potentially reducing immediate renovation needs.