Property Overview: 1016 Chevrier Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Chevrier Boulevard in Maybank is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1929, its 864 sqft living space is modest and sits below average for the immediate street, neighbourhood, and city. The assessed value is notably low compared to peers, which is reflected in its historical sale price range. The lot size of just over 4,200 sqft is fairly standard for the area.

Its primary appeal lies in its affordability and potential. The below-average metrics, particularly in assessed value, suggest a lower property tax burden and a price point well under the city average. This creates an opportunity for first-time buyers, investors, or handy homeowners looking for a project. The charm here isn't in current luxury, but in the possibility of adding value through updates. It suits a buyer with a realistic budget who values location over move-in-ready perfection and is comfortable with a home that requires some vision. A less obvious perspective is that its established age and consistent, unassuming profile on the street could mean fewer surprises than a heavily renovated older home, offering a straightforward foundation to build upon.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's specific characteristics—its smaller size, age, and likely condition—compared to all Winnipeg homes. A lower assessment typically translates to lower annual property taxes.

2. What does the "ranking" data for living area and value mean?
The rankings (e.g., "Top 71%") show how this property compares to similar homes. For living area, being in the "Top 71%" means about 71% of comparable homes are larger. For assessed value, being in the "Top 90%" means about 90% of comparable homes are valued higher, indicating this is one of the more affordable options in its peer group.

3. The home sold between 2020-2025. Can I find out the exact price?
Yes, the exact sold price is available upon request by email from the listing service. They provide this manually and state they do not use contact information for unsolicited marketing.

4. What are the implications of buying a home built in 1929?
While offering classic character, a home of this age will likely have older building materials and systems. A thorough inspection is crucial to understand the condition of the foundation, wiring, plumbing, and insulation, and to budget for potential updates or maintenance.

5. How does the lot size compare, and what are the possibilities?
At 4,262 sqft, the lot is slightly below average for the street but around average for the Maybank neighbourhood. It provides a standard urban yard space. For future potential, a buyer should verify zoning bylaws with the city regarding any plans for expansions, additions, or accessory structures.