108 Woodhaven Boulevard – Property Summary

Key Characteristics & Buyer Profile

This is a 1,625 sqft home on a notably large lot in Winnipeg’s Woodhaven neighbourhood. The house was built in 1920, putting it on the older side relative to both the street and the city overall. The living area is above average: it ranks in the top 24% citywide and top 28% within the neighbourhood, so interior space is a real asset here.

Where the property really stands out is the land. The lot measures 14,680 sqft—that’s in the top 4% on the street and top 2% across the entire city. For context, the average comparable lot in Winnipeg is just over 6,500 sqft. This kind of land is increasingly rare within city limits.

The assessed value is $301,000, which is below the neighbourhood average of $422,000 and slightly below the street average of $385,300. That gap suggests the value is more in the land than in the current structure. A buyer is paying for potential, not polish.

Who this would suit: Someone who values outdoor space, privacy, or the possibility of redevelopment or expansion. It’s less suited to someone looking for a move-in-ready modern home or a low-maintenance property. The older house and lower assessed value relative to land mean this could also appeal to buyers comfortable with renovations or someone wanting to build new on a prime lot.

Five Possible FAQs

1. Why is the assessed value lower than similar homes on the street?
The house was built in 1920 and has likely not been updated to the same extent as some neighbours. Assessed value reflects both the condition of the structure and comparable sales. A newer or renovated home on the same street would command a higher assessment. The land itself is assessed at a premium, but the older building pulls the total down.

2. Is this house a teardown?
Not necessarily. It depends on your goals. The structure could be renovated, but given the lot size and location, some buyers may see more value in building new. If the house is structurally sound, a renovation could be a cost-effective way to gain a large home on a rare lot. A teardown only makes sense if the existing structure limits your plans.

3. What are the property taxes likely to be?
Property taxes are based on assessed value. At $301,000, taxes would be lower than most homes in Woodhaven, which average around $422,000. You can get an exact estimate from the city’s tax calculator, but expect a figure well below the neighbourhood norm. Keep in mind that a major renovation or new build would trigger a reassessment.

4. How competitive is this street for resale?
Woodhaven Boulevard ranks in the top 35% for living area and top 4% for land area. That means this property stands out primarily for its lot. If you improve the house or build new, you’d be competing with newer or renovated homes on the same street. The older stock keeps the entry price lower, but resale value will depend heavily on what you do with the place.

5. What kind of zoning or restrictions apply to this lot?
This information isn’t included in the data above, so you’d need to check with the City of Winnipeg. Land of this size in an established neighbourhood like Woodhaven may have setback requirements, minimum lot sizes for subdivision, or heritage considerations if the house is old. A real estate agent or city planner can clarify whether the lot is suitable for subdivision or a full rebuild.