Property Summary: 1165 Boyd Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-situated, post-war home in Burrows Central, built in 1948. Its primary appeal lies in its balance of a generous, above-average lot size for the street and neighbourhood, combined with a recently renovated basement, offering immediate usable space. The detached garage adds practical value. The home’s assessed value ranks consistently above average for its immediate area, suggesting it is a solid asset within its local market context.
The property would suit first-time buyers or practical investors looking for a manageable, 940 sqft living space with a move-in-ready lower level and outdoor space potential. It’s a home for those who value a established neighbourhood character over new construction, and who understand value in terms of land and foundational upgrades rather than sheer square footage. A thoughtful perspective is that while the living area is modest city-wide, the larger-than-average lot for the area provides a relative rarity: room to grow, garden, or simply enjoy more private outdoor space than many neighbouring properties.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The land area of 3,425 sqft is in the top 24% for Boyd Avenue, meaning the lot is larger than most on the same street and above the local average.
2. Has the home been updated recently?
The basement has been renovated, as noted in the listing details. The year built is 1948, so buyers should inquire about the age of major systems like roof, wiring, and plumbing.
3. What is the neighbourhood like for property values?
The home’s assessed value ranks above average for both Boyd Avenue and the broader Burrows Central area, indicating it is viewed as a relatively strong property within its specific market.
4. Is the living space small compared to newer homes?
Yes, at 940 sqft, the living area is below the Winnipeg city-wide average. However, it is around the average for both the street and the neighbourhood, reflecting the typical scale of homes in this area.
5. When did it last sell, and for how much?
The property sold in September 2022 for $230,000, which was a price well above the average for comparable homes on its street and in the neighbourhood at that time.