Property Overview: 832 Boyd Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1932, presents a compelling opportunity centered on its generous 4,566 sqft lot, which ranks in the top 3% for size on its street. The living space of 1,260 sqft is notably above average for both the immediate area and the broader Burrows Central neighbourhood. Key features include a renovated basement and a detached garage.
The primary appeal lies in its land value and space. The lot size is a significant asset, offering ample outdoor potential in a city context. The home itself provides more interior space than many neighbouring properties, and the renovated basement adds functional living area. Its assessed value is elite for the street, suggesting a strong underlying property value relative to the immediate locale.
This property would suit a practical buyer looking for a home with room to grow, garden, or simply enjoy more private outdoor space. It’s also a fit for those who value a renovated basement as immediate living or utility space. A thoughtful perspective is that this home represents a "land-forward" purchase in Winnipeg—the structure is comfortable, but the long-term value and utility are heavily anchored in the sizable, above-average lot.
Section 2: Frequently Asked Questions
1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than 97% of comparable homes on Boyd Avenue. In practical terms, you're getting significantly more yard space than is typical for this specific street.
2. The home was built in 1932. What should I consider?
While the basement has been renovated, the core structure is 94 years old. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, foundation, and original plumbing or wiring.
3. Why is the city-wide assessed value ranking "below average"?
This reflects the home's location. While its assessed value is high for Boyd Avenue and Burrows Central, average assessed values city-wide are driven up by more expensive neighbourhoods. This metric highlights that this is a value-conscious area.
4. How does the living area compare to nearby recent sales?
At 1,260 sqft, this home offers substantially more living space than several recently sold nearby properties on Redwood and Aberdeen Avenues, which were listed at under 950 sqft.
5. Is the detached garage a standard feature here?
In this older neighbourhood, a detached garage is common. It provides useful storage or workshop space but may require consideration for winter access and maintenance separate from the house.