Property Overview: 756 Boyd Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, situated on a standard city lot in the Inkster-Faraday neighbourhood. Its key characteristic is its modest scale, with a living area of 630 sqft that places it among the smaller homes in the city. The basement has been renovated. There is no garage or pool.
The primary appeal lies in its affordability and simplicity. With an assessed value significantly below the city average, it represents a very accessible entry point into homeownership. It suits buyers seeking a minimal footprint, such as first-time purchasers, investors looking for a rental property, or individuals who prioritize low property taxes and maintenance over space. A thoughtful perspective is that its smaller size and recent basement renovation could make it an efficient and manageable home for someone looking to downsize or live with minimal upkeep, in a neighbourhood where the home itself is newer than many on its street.
Section 2: Frequently Asked Questions
1. Is the home in good condition?
While the listing notes a renovated basement, the overall condition of the main floor and systems (roof, wiring, plumbing) in a 112-year-old home should be verified through a professional inspection.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the home's smaller size, age, and its market context within the Inkster-Faraday area, where average values are below the Winnipeg norm.
3. What is the parking situation?
The property has no garage. Parking would be dependent on on-street availability, which should be confirmed with the city.
4. How do the recent sold prices compare?
Public data shows it sold in 2021 for an estimated range of $15.5k-$18.5k, and prior to that in 2017 for $8.5k-$11.5k. The exact sale prices are available upon request from the listing service.
5. What are the expansion possibilities?
While the lot is smaller than average for the city, its size is more aligned with nearby properties. Any potential for adding square footage or a garage would be subject to lot coverage bylaws and would require investigation with the city's planning department.