116 Sunnyside Boulevard – Property Summary
Key Characteristics & Who It’s For
This is a 1,372 sqft home built in 1950, sitting on a 7,487 sqft lot in Winnipeg’s Woodhaven area. Its standout feature is the lot size: citywide, it ranks in the top 14%, meaning you’re getting noticeably more outdoor space than most comparable homes across Winnipeg. On the street itself, the living area is above average—larger than most neighbours’—though the home is older than the surrounding area (ranked below average for year built in Woodhaven). The assessed value of $355k sits right around the street average and slightly below the neighbourhood and city averages, which suggests the price reflects the older construction more than the generous lot.
The appeal lies in land value and potential. For a buyer who values a big yard in a settled, older neighbourhood, this property offers more outdoor space than what’s typical, at a price that isn’t inflated by renovation premiums or ultra-modern finishes. It’s not a turn-key home for someone who wants new construction or a low-maintenance yard. It would suit buyers who are comfortable with a property that might need updating or who see the lot itself as the primary asset—perhaps for gardening, extending the house, or simply having room to spread out.
Five Possible FAQs
1. How does the neighbourhood compare to the city overall?
Woodhaven is a mid-range area. The home’s lot is a big draw—citywide, it’s in the top 14% for lot size—but the house itself is older than the neighbourhood average (1950 vs. 1953) and the assessed value is below the neighbourhood median ($355k vs. $422k). It’s a trade-off between land and condition.
2. Is this a good investment property?
It depends on your strategy. The land-to-building ratio is favourable for someone thinking long-term about redevelopment, but the current house is not particularly modern or spacious by neighbourhood standards. For a rental, the yard could be a plus for tenants who want outdoor space, but the older home may require more maintenance.
3. How does the living area compare to other homes nearby?
At 1,372 sqft, it’s above average for the street (ranked top 26%), but it’s slightly below the Woodhaven average of 1,505 sqft. So it’s a larger home than your immediate neighbours, but modest for the broader area.
4. What does “below average” for year built mean in practice?
It means the home was built earlier than most in Woodhaven (ranked bottom 25% locally). This could mean original construction details, but also systems (plumbing, electrical, insulation) that may be older. It’s worth a close inspection to see what’s been updated.
5. Is the assessed value likely to change significantly?
The assessment is already below neighbourhood and city averages, and the lot size is a clear positive. If market trends favour land over structures, the value could climb. But if buyers in Woodhaven continue to prefer newer or larger houses, the current assessment may stay flat until renovations are made.