Property Overview
This home at 1054 Boston Avenue in Winnipeg’s Maybank neighbourhood presents a distinct profile defined by its spaciousness and mature lot. Its primary appeal lies in offering above-average interior and land space for the immediate area, housed within a character home from the 1930s. The 1,325 sqft living area ranks in the top 8% on its street, and the 5,051 sqft lot is also notably larger than most neighbours' parcels. This creates a value proposition centred on room to grow, both inside and out, in an established community.
The property would suit a practical buyer who prioritizes space and land size over a modern build, and who is prepared for the realities of maintaining a 90-year-old home. It’s a match for those looking for a traditional neighbourhood feel where the house itself offers more square footage than many nearby newer builds. The assessed value is firmly average for the city, suggesting the price reflects this trade-off between generous proportions and the age of the structure.
Key Questions for Consideration
1. What does the "above average" ranking really mean for living space?
While the living area is in the top 10% for Boston Avenue, it's close to the city-wide average. This indicates you're getting significantly more house than most on the street, but a fairly typical amount of space compared to Winnipeg overall—a key point for neighbourhood-versus-city comparisons.
2. How should I interpret the sold price history?
The listed sale range from 2021 is below the current assessed value of $380k. This gap highlights the importance of understanding recent market shifts and condition updates, and is a strong reason to request the exact sold price from the listing service for precise comparison.
3. The home is much older than others on the street. What are the implications?
Built in 1936, it's among the oldest 10% of homes in Maybank. This suggests potential for character and mature landscaping, but also necessitates a particularly thorough inspection for aging infrastructure (like plumbing, electrical, and the foundation) compared to neighbouring homes built decades later.
4. The lot size is a standout feature. What are the potential benefits?
The lot ranks in the top 8% on the street, offering valuable outdoor space that is increasingly rare. This allows for gardening, expansions, additions like a garage or shed, and simply more privacy—options that are limited on standard-sized lots.
5. Who are the most relevant comparable properties?
The listed "For reference" and "Worth viewing" homes nearby provide the best context. Pay closest attention to their year built, living area, and how their assessed values compare, as these will be your truest benchmarks for value in the immediate area.