Property Overview
This one-and-a-half storey home on Boyd Avenue in Winnipeg's Burrows Central neighbourhood presents a practical and renovated living space. Its key appeal lies in its balance of updates and established neighbourhood character. The home sits on a standard city lot and features a renovated basement and a detached garage. Built in 1951, it is notably newer than many homes on its street and in the immediate area. With 984 sqft of living space, it offers a manageable footprint. The home last sold in 2016 for $210k, a price point that was above average for the street at the time, indicating perceived value in its updates or condition.
This property would suit first-time buyers looking for a move-in-ready home with some modern touches, or investors seeking a stable rental property in a long-established community. Its manageable size and lot offer lower maintenance compared to larger, newer properties, appealing to those who value practicality and a renovated interior over sheer square footage.
Frequently Asked Questions
What does "renovated basement" typically include?
While specifics should be verified by a viewing or inspection, a renovated basement in a home of this era often means finished living space, which could include a rec room, additional bedroom, or updated laundry area. It's important to check the quality of the renovation and ensure any necessary permits were obtained.
How does the assessed value relate to the potential selling price?
The municipal assessed value for tax purposes ($20,900) is not a market valuation. The 2016 sale price of $210k is a more relevant historical benchmark, but current market conditions, the home's updated condition, and buyer demand will determine its present value.
Is the detached garage a standard size?
Given the home's vintage and lot size, the detached garage is likely a single-car structure. This is a common and useful feature in the neighbourhood, providing storage and vehicle protection separate from the house.
What are the advantages of a home built in 1951 compared to older ones in the area?
Being built two decades newer than the neighbourhood average can mean more modern construction techniques, potentially better electrical wiring, and floor plans that feel slightly more contemporary, all while retaining classic character.
How does the lot size impact maintenance and potential?
At just over 3,000 sqft, the lot is very manageable for gardening and yard upkeep. While it may not offer space for major additions, it provides ample outdoor space for relaxation and play without being burdensome to maintain.