Property Overview: 758 Boyd Avenue
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1914, featuring a renovated basement and a detached garage. With 756 square feet of living space, it is notably smaller than most homes in Winnipeg, placing it in the top 93% city-wide for compact size. Its assessed value of $18,500 is modest, ranking around average for its immediate Boyd Avenue street and Inkster-Faraday neighbourhood, but well below the city-wide average.
The primary appeal lies in its affordability and simplicity. It represents a straightforward entry point into homeownership with lower carrying costs. The renovated basement adds functional living space, a valuable update for a home of this era. This property would best suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist lifestyle without a large mortgage or maintenance burden. A less obvious perspective is its potential for someone who values location over square footage; its below-average land size (2,284 sqft) translates to less yard work, appealing to those who prefer low-maintenance outdoor spaces.
Section 2: Frequently Asked Questions
1. Is the $18,500 the sale price or the property tax assessment?
This figure is the property's assessed value for municipal taxation purposes, not the market sale price. The market price is determined between a buyer and seller.
2. How does the living area compare to nearby homes?
At 756 sqft, the living space is below average for the street, neighbourhood, and especially the city. This indicates a cozy, efficient layout rather than a spacious one.
3. What does the sold price history show?
Public records indicate it last sold in April 2022 for an estimated range of $15,500 to $18,500. For the exact historical sold price, you can request the information directly via the website.
4. What are the implications of the home being built in 1914?
While the basement has been renovated, a 110-year-old home will likely have older core systems (like plumbing and electrical) that prospective buyers should have inspected. Its age is around average for the immediate area.
5. How does the land size affect the property?
The lot is 2,284 sqft, which is smaller than most in Winnipeg. This means a smaller yard, which can be a benefit for low maintenance but a limitation for those desiring extensive outdoor space or future expansions.