1034 Boyd Avenue

Property Overview: 1034 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a one-and-a-half storey character property built in 1947, situated on a notably spacious lot in the Burrows Central neighbourhood. Its primary appeal lies in the land itself—at over 4,500 square feet, the lot size is well above average for both the immediate street and the broader area, offering significant outdoor space and potential. The house, with 882 sqft of living space and a detached garage, presents a classic, compact layout.

The property suits practical buyers looking for a solid foundation in a mature neighbourhood. It’s ideal for a first-time homeowner comfortable with a home of vintage character, or an investor seeking a property where the land value is a standout feature. The 2017 sale price suggests it has been an accessible entry point into the market. A thoughtful perspective here is to see beyond the modest living space; the generous lot provides a rare commodity—room to grow, garden, or simply enjoy private outdoor space that is increasingly uncommon in urban settings at this price point.

Section 2: Frequently Asked Questions

1. What does the lot size ranking actually mean?
The data shows the 4,531 sqft lot is in the top 7% on Boyd Avenue and top 15% in Burrows Central, meaning it's significantly larger than most comparable properties nearby. City-wide, it's around average.

2. Is the house particularly small?
At 882 sqft, the living area is around the average for both the street and the neighbourhood. It is, however, below the city-wide average, indicating it's a more compact home typical of its area and era.

3. How does the assessed value relate to market price?
The municipal assessed value is for tax purposes and is typically much lower than market value. The 2017 sale price of $150k is a more relevant, though dated, benchmark. The current market value would be determined by recent sales, condition, and demand.

4. What should I consider about a home built in 1947?
While the year built is newer than many on the street, a home of this age will have vintage charm but likely requires updates. Prospective buyers should budget for potential updates to systems like wiring, plumbing, or insulation, and consider a thorough inspection.

5. What is the neighbourhood context?
Burrows Central is a long-established neighbourhood. The similar assessed values of nearby homes suggest a consistency in property types and values on this street, which can be a sign of stability. Checking recent sales on the block will provide the best context for current value.