Property Overview: 1001 Boston Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1001 Boston Avenue in Maybank is defined by its compact efficiency and value-focused positioning. Its key characteristic is a modest 664 sqft living area, which is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. Built in 1939, it is a historic property in a context of mostly mid-century homes. The assessed value of $246k is significantly below area averages, reflecting its size and vintage.
The appeal lies in its entry-level affordability and its larger-than-average lot for the immediate street (4,746 sqft). This presents a clear value proposition for a specific buyer: someone seeking a lower-cost foothold in the market who is comfortable with a smaller interior footprint but may value outdoor space. It suits first-time buyers, downsizers looking to minimize living space, or investors seeking a rental property with a lower purchase point. A thoughtful perspective is that this older, smaller home on a good-sized lot could represent a long-term "blank canvas" opportunity, where the value is in the land and the potential for expansion or redevelopment over time, rather than in its current structure.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is influenced heavily by the home's smaller square footage and older age compared to most properties in its comparison groups. This results in a lower valuation, which is a key factor in its affordability.
2. What does the "Top 90%" or "Top 98%" ranking mean for living area?
These rankings indicate the property's position relative to others. For example, "Top 98%" for living area city-wide means the home is smaller than approximately 98% of comparable homes in Winnipeg. It is a consistent indicator that this is a compact property.
3. Is the larger lot size a significant advantage?
Potentially. While the lot is around average for the broader area, it is above average for Boston Avenue itself. This could allow for more private outdoor space, gardening, or future projects like a shed or expansion, which is a less common feature for smaller, affordable homes.
4. How can I get accurate historical sale price data for this property?
The site notes that full transaction history is not displayed publicly. You must use the "Request exact figures by email" function. The service will manually look up the most accurate available records and email them to you, typically by the end of the same day.
5. The home was built in 1939. What should I consider?
As one of the older homes in the area, a pre-purchase inspection is crucial. It's important to understand the condition and age of major systems like wiring, plumbing, and the foundation. This vintage may also involve character details not found in newer builds but requires a careful review for modern livability and maintenance costs.