Property Overview: 969 Boyd Avenue, Winnipeg

Key Characteristics & Appeal

This is a modest, one-and-a-half storey home built in 1947, situated on a notably spacious lot in the Burrows Central neighbourhood. Its primary appeal lies in the land itself—at 3,934 sqft, the property offers an above-average lot size for both its immediate street and the wider area, presenting a clear value proposition centred on potential. The living space is a practical 1,000 sqft, and the home features no basement, pool, or garage.

The property suits a specific type of buyer: those looking for an entry point into the market with a focus on the future. It’s a candidate for a significant renovation, a potential rebuild, or simply as a land-hold in an established community. The assessed and recent sale values are very low, which translates to lower property taxes and an accessible price point. This isn’t a move-in-ready home; its value is unlocked by the vision and investment of the buyer. A thoughtful perspective is that the large lot in a long-established neighbourhood offers not just space, but also stability and maturity that newer subdivisions cannot replicate, providing a rare blend of affordability and long-term asset potential in one package.

Frequently Asked Questions

Q: What does "no basement" mean for this property?
A: The home is built on a slab or crawl space foundation. This affects storage and mechanical systems (like the furnace and water heater), which must be housed on the main floor, and eliminates the possibility of a traditional below-ground basement suite or rec room.

Q: The assessed value seems very low. Why is that?
A: The assessed value reflects the property's market value for taxation purposes. Given the home's age, modest size, and lack of major updates or features like a garage, the value is primarily in the land. This results in a lower annual property tax bill.

Q: How does the lot size compare to typical Winnipeg lots?
A: The lot is significantly larger than the average for Burrows Central and on Boyd Avenue itself, ranking in the top 15-22% locally. However, it is smaller than the city-wide average, which is skewed by newer suburban lots. In its established neighbourhood context, the lot is a standout feature.

Q: Who would this property not be suitable for?
A: It would not suit buyers seeking a turn-key, low-maintenance home, or those who require ample indoor storage, parking for multiple vehicles, or the potential for a secondary suite in a basement.

Q: The home was last sold in 2016. What does that indicate?
A: A seven-year ownership period suggests the previous owners were not short-term investors. It may indicate a period of stable occupancy, but also that major updates during that time were likely minimal, given the current assessed value.