Property Overview: 766 Boyd Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1940, presents a practical opportunity in Winnipeg's Inkster-Faraday neighbourhood. With 1,229 square feet of living space, it offers more room than many comparable homes in the immediate area. The property features a full, unrenovated basement, providing significant storage or future development potential, but does not include a garage or pool.
The primary appeal lies in its positioning as a functional, no-frills property in a mature community. It suits first-time buyers or investors seeking an entry point into the market with a home that has solid fundamentals. The assessed value is notably modest compared to the citywide average, which may indicate a lower property tax burden and an accessible price point. A thoughtful perspective for the right buyer is the value of the lot itself; while the land area is below average for the city, it is typical for the neighbourhood, offering a manageable yard with lower maintenance. The home’s size ranking well above local averages suggests you get more interior space here than on many surrounding streets, which is a key practical advantage.
Frequently Asked Questions
1. What is the exact recent sold price history?
The available public data shows a sale in July 2021 for an estimated range. To obtain the precise sale price, you can request the information via email from the listing source.
2. How does the assessed value affect property taxes?
A lower assessed value, like this home's $180k which is well below the Winnipeg average, typically results in a lower municipal property tax bill, which is an ongoing cost saving.
3. What does "basement not renovated" imply?
This indicates the basement is in original or functional condition but has not been modernized or finished as living space. It represents potential for future customization but may require inspection for moisture management or updates.
4. How does the living area compare practically?
At 1,229 sq ft, this home is in the top 27% for size on its own street. This means it likely offers more bedrooms or larger common areas than many direct neighbours, providing good interior space for the area.
5. What are the considerations with no garage?
The lack of a garage means relying on street parking and finding alternative storage solutions. This is common for homes of this era in the neighbourhood and is a trade-off for the lower price point.