Property Overview: 815 Boyd Avenue
Key Characteristics & Buyer Appeal
This is a classic one-and-a-half storey home in Winnipeg's Burrows Central neighbourhood, built in 1910. Its key appeal lies in its solid, established character and its position as a practical entry point into homeownership. The 1,104 sqft living area is notably above average for the immediate neighbourhood, offering more interior space than many nearby homes. However, the property sits on a smaller, 2,277 sqft lot that ranks below average for the area and city.
The home presents a clear value-oriented opportunity. Its assessed value and last sale price are significantly below the Winnipeg city average, suggesting a lower barrier to entry. It suits a first-time buyer, an investor, or a hands-on owner comfortable with a home of this vintage. The appeal is pragmatic: it's a functional space in a mature community, not a modern or renovated showpiece. The unrenovated basement and lack of a garage indicate this is a property with potential for future customization, appealing to those who see value in adding their own touch over time.
Frequently Asked Questions
1. What does "below average" for land area mean practically?
It means the yard is smaller than most in Burrows Central and significantly smaller than the Winnipeg average. This limits expansive outdoor projects but can mean less maintenance.
2. The home is above average for living area in the neighbourhood. Is it laid out efficiently?
While the data shows more enclosed space than neighbouring homes, the 1910 build date suggests the floor plan may be compartmentalized rather than open-concept. Viewing the layout in person is important.
3. Why is the assessed value so much lower than the city average?
Assessed value is for taxation and reflects factors like age, size, and location. This figure highlights that the home is in a more affordable segment of the market compared to the citywide average, which is pulled up by newer, larger homes in different areas.
4. What should I consider about the 1910 build year?
It indicates character and solid construction, but also that major aging components (like plumbing, electrical, or the foundation) may need evaluation or have been updated over time. An inspection is highly recommended.
5. The last sale was in 2016. How useful is that price today?
It provides a historical benchmark, but market conditions have likely changed. It's best used as a reference point alongside current assessments and recent sales of similar nearby properties to gauge value.