1012 Boyd Avenue

Property Overview

This one-and-a-half storey home on a generous 3,656 sqft lot in Burrows Central presents a practical opportunity. Built in 1950, it is notably newer than many surrounding homes. Its key feature is a renovated basement, adding valuable finished space to the 780 sqft main living area. The property includes a detached garage.

Its appeal lies in its above-average lot size for the immediate area and its relative modernity within the neighbourhood context, suggesting potentially fewer major age-related concerns than older stock. The renovated basement immediately adds functional living space. With a modest assessed value, it represents an accessible entry point into the Winnipeg market.

This home would suit a first-time buyer or an investor looking for a straightforward, land-value-based property with some immediate livability thanks to the basement renovation. It’s for those who prioritize lot potential and location value over a large existing footprint.

Frequently Asked Questions

1. Is the living area of 780 sqft accurate, and what does it include?
Yes, the 780 sqft refers to the above-ground living area. The renovated basement provides additional finished space, effectively increasing the usable square footage beyond that official figure.

2. How does the assessed value relate to the likely sale price?
The assessed value is for municipal tax purposes. The last sale price in July 2022 was $24,300k, which is a more current market indicator, though the final price will depend on current market conditions.

3. What does it mean that the home is "newer" than others on the street?
Built in 1950, this home is younger than the street average (approx. 1930). This can be an advantage, potentially indicating updates to core components like wiring or plumbing compared to much older homes, but a thorough inspection is still essential.

4. What are the advantages of such a large lot relative to the house?
The lot is significantly larger than the neighbourhood average. This offers valuable outdoor space, room for additions like a garden or shed, and future potential for expansion, subject to zoning regulations.

5. Are the recent sales on Boyd Avenue comparable to this property?
The nearby sales listed (e.g., 1010 Boyd Avenue) are useful for gauging area activity, but key differences like the renovated basement, lot size, and year built mean direct price comparisons should be made cautiously. A professional appraisal can account for these variables.