Property Overview
659 Boyd Avenue is a compact, one-storey home in Winnipeg's Inkster-Faraday neighbourhood. Built in 1970, it stands out as a significantly newer construction compared to most homes in the immediate area. The house features 864 square feet of living space and a renovated basement, situated on a standard 3,141 sqft lot with a detached garage.
Its core appeal lies in its modern age relative to its surroundings, offering potentially fewer major maintenance concerns than century-old neighbours. The renovated basement adds functional living space. The property’s assessed value is strong for its street but modest citywide, suggesting a relatively affordable entry point into the market.
This home would suit first-time buyers or practical downsizers looking for a low-maintenance, move-in-ready footprint without the character-home complexities common in the area. It’s a pragmatic choice for those prioritizing function and newer infrastructure over size or grandeur.
Frequently Asked Questions
Is this a small house?
Yes. At 864 sqft, it's below the Winnipeg average. However, for the Inkster-Faraday area, it's close to the typical size. The renovated basement effectively adds a second living level, mitigating the main-floor square footage.
Why is the assessed value so much lower than the city average?
Property assessments reflect market values in their specific area. While this home's value is above average for Boyd Avenue, average values in Inkster-Faraday are far lower than in many other Winnipeg neighbourhoods, pulling the citywide average up.
What does "newer build in an older area" mean for maintenance?
A 1970s build likely means updated electrical, plumbing, and insulation compared to the area's many pre-1930 homes. This can mean fewer immediate, major retrofits. However, it's still a 50+ year-old house, so standard aging components like the roof, windows, and heating system should be inspected.
How does the detached garage impact usability?
A detached garage offers flexibility (e.g., workshop space) but means dealing with snow and weather when going between your car and house. For this size of lot, it also dictates how much usable backyard space remains.
The last recorded sale was in 2016 for a very low price. Is that relevant?
That sale price reflects the market conditions nearly a decade ago and does not represent current value. The significant increase in the assessed value since then indicates substantial market movement and investment in the area and property.