958 Boyd Avenue

Property Overview & Key Characteristics

This two-storey home at 958 Boyd Avenue in Winnipeg's Burrows Central neighbourhood presents a compelling opportunity centered on its generous scale and lot size. Built in 1960, the house features 2,048 sqft of living space, which is exceptionally large for the area, ranking in the top 2% on its street and top 1% in the neighbourhood. It sits on a 4,566 sqft lot, also well above local averages. The property includes a detached garage and a basement, noted as unrenovated. Its appeal lies in this above-average footprint, offering ample room for a growing family or someone seeking value through potential updates. The home would suit a buyer looking for space over immediate turn-key condition, possibly a renovator, an investor, or a family planning to customize the home over time. A thoughtful perspective is that while the assessed value is high for the immediate area, the sale history suggests the market price may be more accessible, creating a potential value proposition for a buyer comfortable in a neighbourhood of older, more modest homes.

Frequently Asked Questions

1. Why is the assessed value so much higher than the last sale price?
Assessed values for tax purposes are based on mass appraisal models and may not reflect current market conditions or the specific state of the property. The last sale price is often a more direct indicator of its market value.

2. What does "basement, not renovated" typically imply?
This usually indicates the basement is functional but dated. Buyers should budget for potential updates and anticipate an inspection to check for foundational integrity, moisture management, and the condition of mechanical systems like the furnace and water heater.

3. How significant is the large living area and lot size?
Very. The home offers substantially more interior space and yard than most nearby properties. This is a key differentiator, providing room for expansion, recreation, or gardening that is rare in this price segment of the neighbourhood.

4. The home is older; what should I be mindful of?
While built later than many on the street (1960), it is still a 60+ year-old house. An inspection should focus on the roof, wiring, plumbing, and windows, which may be at or beyond their typical lifespan and represent future capital costs.

5. Who are the most likely neighbours or what is the community like?
Burrows Central is an established, no-frills neighbourhood with a mix of long-term residents and younger families. The nearby comparison homes, many built in the early 1900s, suggest a community character of modest, well-kept homes rather than one of extensive new renovations or high-end finishes.