Property Overview: 1013 Boyd Avenue, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home on Boyd Avenue in Burrows Central presents a practical and renovated opportunity. Its key characteristics include a renovated basement, a detached garage, and a compact 2,280 sqft lot. Built in 1922, the home’s 1,030 sqft living area is typical for the immediate street and neighbourhood.

The appeal lies in its move-in readiness with a modernized basement and its position as an affordable entry point into the Winnipeg market. The lot size, while below the city average, is manageable and requires less upkeep. Data shows the home’s assessed value ranks above average for its street, suggesting it is a well-regarded property within its specific context.

This property would suit first-time buyers or investors looking for a straightforward, lower-maintenance home without a major renovation project. It’s also a fit for those who prioritize a renovated interior over expansive outdoor space. A less obvious perspective is that a smaller, efficiently laid-out home on a modest lot can offer significant cost savings on utilities and property taxes compared to larger averages, providing a different kind of value.

Frequently Asked Questions

1. How does the lot size compare to others?
The land area of 2,280 sqft is below the average for Winnipeg, but is quite typical for the older, established Burrows Central neighbourhood. It offers a manageable yard with less maintenance.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and legal status (e.g., proper egress, permits) should be verified with the seller or a home inspector.

3. Is the assessed value a good indicator of the sale price?
The home last sold in 2017 for a price very close to its current assessed value. While this provides a historical benchmark, the current market conditions will ultimately determine the sale price.

4. What are the implications of the home’s age (1922)?
A home of this age likely has character but may also have older building materials and systems. A thorough inspection is recommended to understand the condition of the roof, wiring, plumbing, and foundation.

5. Who might this property not suit?
Buyers seeking a large yard, extensive square footage, or a brand-new home may find this property too compact. It’s best for those comfortable with the layout and scale of a classic Winnipeg one-and-a-half storey.