Property Overview: 1024 Chevrier Boulevard, Winnipeg
Key Characteristics & Appeal
This home is a modern, high-value property built in 2024, offering a turnkey living experience in Winnipeg's Maybank neighbourhood. Its primary appeal lies in its new construction status and superior assessed value. With 1,532 sqft of living space, it ranks in the top tier for size compared to immediate neighbours and the wider city. The standout feature is its elite assessed value, placing it in the top 3% on its street and top 1% in Maybank, signaling a premium, well-appointed build.
The property suits buyers seeking a modern home without the wait or hassle of new construction, and who prioritize interior space and finish quality over a large yard. The lot is notably smaller than area averages, making it ideal for those who prefer low-maintenance outdoor space. This is a compelling choice for professionals, small families, or downsizers looking for a newer, high-specification home in a well-established area, offering a blend of contemporary comfort within a mature community.
Frequently Asked Questions
1. What does the "elite" assessed value actually mean?
It means the city's assessment of this property's value is exceptionally high compared to nearly all other homes on the street, in the neighbourhood, and across Winnipeg. This typically reflects the quality of construction, finishes, and modern amenities of a 2024 build.
2. Is the smaller lot size a disadvantage?
It depends on your lifestyle. The lot requires less maintenance, which is a plus for many. However, it may limit extensive landscaping, large deck additions, or the feeling of expansive outdoor privacy compared to other homes in the area.
3. The home sold recently in 2024. Why is it back on the market?
While the specific reason isn't listed, common scenarios for nearly new homes include job relocations, changes in family circumstances, or builder/investor sales. A property history report or discussion with the seller can provide clarity.
4. How does the sold price range compare to the assessed value?
The sold price range (CA$600k–650k) is significantly higher than the assessed value (~$57k). This is normal, as municipal assessed value for tax purposes is not a market valuation. The sale price reflects the actual market value at the time.
5. What are the trade-offs of buying a new home in an older neighbourhood?
You benefit from modern building standards, energy efficiency, and contemporary layouts without living in a sprawling new subdivision. The trade-off is that the home's architecture and lot size may differ from older neighbours, and you may have less mature trees and landscaping.