Property Overview
This one-and-a-half storey home on Boyd Avenue in Winnipeg's Inkster-Faraday neighbourhood presents a straightforward, no-frills ownership opportunity. Built in 1940, it features 1,089 sqft of living space, an unrenovated basement, and a detached garage on a 2,741 sqft lot. The data suggests it is a very typical home for its immediate area, consistently ranking around the average for its street and neighbourhood in terms of size, age, and assessed value. Its last recorded sale was in mid-2019.
Key Characteristics & Appeal
The primary appeal of this property is its position as an affordable, functional entry point into the Winnipeg housing market. It suits practical, budget-conscious buyers such as first-time homeowners, small families, or investors looking for a straightforward rental property. Its assessed value is significantly below the citywide average, indicating lower property taxes—a key, less obvious financial benefit.
The home doesn’t stand out statistically in its local context, which can be seen as a stability factor; it’s a known quantity in the area. The existing basement and detached garage offer functional space for storage, hobbies, or future potential. A thoughtful perspective for a buyer would be to see the "average" rankings not as a drawback, but as evidence of a home that aligns closely with community norms, potentially simplifying maintenance and insurance comparisons with neighbouring houses.
Frequently Asked Questions
1. What is the exact sold price history?
The public records show a sale price range of $18.5k to $21.5k for June 2019. The precise sale price is available by request via email from the listing service, which provides the accurate figure manually.
2. How does this home compare to others in Winnipeg?
While its size and assessed value are typical for Boyd Avenue and the Inkster-Faraday neighbourhood, they are below the Winnipeg citywide averages. This is most notable in its assessed value, which ranks in the top 94% (meaning it's lower than 94% of city properties), and its lot size, which is smaller than most in the city.
3. What does "unrenovated basement" imply?
It indicates the basement space is functional but has not been modernized or finished to contemporary standards. Buyers should budget for potential updates and consider a thorough inspection to understand its current condition and any needed improvements.
4. Is the detached garage in good condition?
The listing does not specify the garage's condition. This would be an important point to verify during a viewing, as repairs or replacement of an older detached structure can be a significant cost.
5. What are the typical property taxes for a home with this assessed value?
With an assessed value of $17,800, the property taxes would be based on the City of Winnipeg's mill rate. This value is substantially lower than the citywide average, suggesting annual property tax bills would be correspondingly lower, which is a major ongoing cost advantage.