Property Overview: 1007 Chevrier Boulevard, Winnipeg
Key Characteristics & Appeal
This home at 1007 Chevrier Boulevard in Maybank presents a grounded opportunity in Winnipeg’s market. Built in 1948, it’s an older character home that stands as one of the more established properties on its street. With 921 square feet of living space and a 5,397 square foot lot, its size is comfortably average for the immediate neighbourhood, offering a manageable footprint without feeling cramped.
The appeal here lies in its positioning as a stable, mid-tier property without extreme peaks or valleys in its metrics. Its assessed value is consistently around the average mark whether compared to the street, the Maybank area, or city-wide, suggesting a fair and predictable valuation. For buyers, this translates to a lower risk of overpaying relative to the local market. The lot size is a quiet advantage, providing above-average outdoor space for the area which is less common for homes of this vintage.
This property would best suit a pragmatic first-time buyer or an investor looking for a straightforward, no-surprises entry into the Winnipeg market. It’s also a potential fit for those who appreciate older homes and are prepared for the maintenance that comes with a house nearing 80 years old, but who also want the security of a property that isn’t an outlier in its pricing or dimensions.
Frequently Asked Questions
1. Is this house a good value compared to its neighbours?
Based on the data, yes. Its assessed value and living area consistently rank around the average for Chevrier Boulevard and the wider Maybank area, indicating it’s priced in line with the local market rather than being overvalued.
2. What should I know about the 1948 build date?
While older, this home is actually one of the newer houses on its specific block, ranking in the top 29% on Chevrier Boulevard for year built. This is a less obvious point that suggests the immediate streetscape is one of established, character homes.
3. How does the lot size compare?
The lot is a notable feature at over 5,300 square feet. It’s larger than the average lot for both the street and the Maybank area, offering more outdoor space than many comparable properties.
4. What does the sold price history indicate?
The home sold in the $250k-$300k range in 2016. Its current assessed value of $31.70k (with typical Winnipeg assessment values being a fraction of market value) and its consistent "around average" rankings suggest a history of stable, moderate value in line with area trends.
5. Who are the most logical buyers for this property?
The data points to a home that is most suitable for value-conscious buyers seeking an entry point into a stable neighbourhood. It’s less suited for someone seeking a modern, turn-key home or a premium, top-tier property, and more for those comfortable with an older home that offers fair market metrics and a decent-sized lot.