1139 Boyd Avenue

Property Overview: 1139 Boyd Avenue

Key Characteristics & Buyer Appeal

This one-and-a-half storey home, built in 1949, sits on a notably spacious lot in the Burrows Central neighbourhood. Its primary appeal lies in the combination of a large, above-average land parcel and a recently renovated basement, offering a solid foundation for both living and future potential. While the living space is modest at 900 square feet, the property's value is anchored in its land size, which ranks within the top 15% on its street. The home’s assessed value is above average for the immediate area, suggesting it is well-regarded in its local context. Recent sale history indicates steady value.

This property would suit a practical, value-oriented buyer. It's ideal for a first-time homeowner comfortable with a cozy main footprint but who appreciates the flexibility a large lot and a finished basement provide. It could also appeal to an investor or someone looking for a straightforward property in a mature neighbourhood without the premium of a newer or larger house. The appeal is less about luxury finishes and more about solid fundamentals: a generous outdoor space and move-in readiness with the basement work already completed.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, legal egress, or permits should be verified with the seller or a viewing. It represents added living space but understanding its condition and compliance is key.

2. How does the lot size compare practically?
At 3,918 sq ft, the lot is significantly larger than many in Burrows Central (top 22% in the area). This offers more private outdoor space, gardening potential, or room for additions like a shed or deck, which is a distinct advantage over properties with smaller lots.

3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value of $19,500 is for municipal tax purposes. The home last sold for $180,000 in 2020, which is a more relevant benchmark. Market conditions and property updates since the last assessment will determine the final sale price.

4. What are the implications of having no garage?
Parking will be limited to driveway or street. This is common for homes of this era and in this neighbourhood, but buyers should consider their vehicle storage needs, winter convenience, and potential to add a garage or carport in the future, subject to bylaws.

5. The home is older—what should I look out for?
Built in 1949, core systems like the roof, plumbing, electrical, and foundation should be a focus during inspection. The renovated basement is a plus, but it's wise to check for any moisture issues and ensure renovations were done properly. The older age is balanced by the fact it's newer than many area homes.