1064 Boyd Avenue

Property Overview: 1064 Boyd Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated one-storey home in Burrows Central presents a practical opportunity, particularly for its land value. Built in 1947, the 1,050 sqft house sits on a 4,175 sqft lot, which is a standout feature for the immediate area. The lot size ranks in the top 10% on its street and the top 19% in the neighbourhood, offering above-average outdoor space for the community—a notable advantage for gardening, expansion, or simply having more room than nearby homes.

The home’s appeal lies in its grounded, proportional metrics. Its living space is typical for the area, and its last recorded sale price and assessed value are consistent with local norms, suggesting a fairly priced entry point into the market. It suits first-time buyers, investors, or downsizers looking for a manageable footprint without sacrificing yard space. A thoughtful perspective is that while the home is older, its 1947 build date is actually newer than many peers on the street and in Burrows Central, potentially meaning fewer vintage-related issues than neighbouring properties. The detached garage adds practical utility. This is a property for someone who sees potential in the land and the straightforward layout of a classic Winnipeg home, not for someone seeking luxury finishes or a turnkey modern build.

Section 2: Frequently Asked Questions

1. Is the lot size a major advantage?
Yes, especially in a local context. The lot is significantly larger than the average for both Boyd Avenue and the Burrows Central neighbourhood, offering more private outdoor space than most comparable properties nearby.

2. What does the assessed value indicate?
The assessed value is very low compared to the Winnipeg city-wide average, but it is perfectly aligned with the norms for this specific neighbourhood. This is typical for the area and reflects municipal valuation for tax purposes, not necessarily market sale price.

3. How does the age of the home affect things?
Built in 1947, the home is older but is actually newer than the average house on its street and in Burrows Central. This could imply updates over time or slightly more modern construction materials than immediate neighbours, though a full inspection is always recommended.

4. Who would this property not suit?
It may not suit buyers seeking a large interior, modern open-concept living, or a home in a higher-value district. The appeal is centred on land size and neighbourhood value, not premium finishes or square footage.

5. What is the context of the last sale price?
The home sold for $180,000 in March 2017. At that time, this price was around the average for the street and neighbourhood, indicating a stable, non-speculative history. It provides a benchmark for understanding the property’s established value in the community.