Property Overview: 749 Boyd Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1913, is a classic Winnipeg character property. With 1,047 sqft of living space and a full (unrenovated) basement, it sits on a 2,642 sqft lot in the Inkster-Faraday neighbourhood. Its assessed value is notably modest compared to the city-wide average, positioning it as an accessible entry point into the market.
The primary appeal lies in its straightforward, no-frills nature and its statistical positioning within its immediate area. While its size, age, and lot are around or below the city averages, they are much more aligned with—and often above—the averages for its own street and neighbourhood. This suggests a home that is typical and comfortable within its established community context, rather than standing out. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a pragmatic, lower-value asset without immediate renovation pressure. The unrenovated basement presents a clear, defined project for future improvement, offering potential to add value over time.
A less obvious perspective is that a home with such a historically low assessed value city-wide can represent a strategic opportunity for building equity through basic, thoughtful updates, rather than through luxury finishes. Its average standing on its own street indicates stability and reduces the risk of being over-improved for the area.
Section 2: Frequently Asked Questions
1. What does the assessed value really indicate?
The assessed value of $17,100 is significantly below the Winnipeg city average but is very typical for Boyd Avenue and the Inkster-Faraday area. It primarily reflects its value for municipal tax purposes and suggests a lower-than-average property tax burden.
2. Is the living space sufficient for a family?
At 1,047 sqft, the living area is near the average for similar homes in the neighbourhood. It likely provides the essential spaces for a small household, but the one-and-a-half storey layout and unrenovated basement mean functional space may depend on future updates.
3. What should I know about a home built in 1913?
While the structure has proven its durability, a home of this age will have systems (like plumbing, wiring, and the foundation) that require careful inspection. Its "around average" age ranking for the area means many neighbours face similar maintenance considerations.
4. How does the lot size impact the property?
The lot is smaller than many in Winnipeg but is not unusually small for this part of the city. It offers manageable outdoor space with lower maintenance, which can be an advantage for some buyers.
5. Can I get the exact historical sale price?
Yes, but not automatically on the site. The exact sold price from March 2022 (listed here as a range) is available by email request to the listing service, which they provide manually without using your email for marketing.