Here is a clean, standalone summary of the property at 150 Woodhaven Boulevard.

Key Characteristics & Ideal Buyer Profile

This is a 1919 home with 1,546 sq. ft. of living space on a notably large 8,643 sq. ft. lot. Its main appeal is the land. City-wide, the lot size ranks in the top 9%, offering a yard significantly larger than average for comparable homes in Winnipeg. The assessed value sits at $380,000, which is roughly in line with the street and slightly below the neighborhood average of $422,000. The living area is also above average for the city.

The trade-off is the age. Built in 1919, it is older than most of its neighbors—ranking in the bottom 7% on Woodhaven Boulevard and bottom 12% city-wide. The home’s character and solid bones appeal to a buyer who values established neighborhoods, mature trees, and a generous outdoor space over a newer, turnkey interior.

This property suits a buyer with a realistic budget who is willing to invest in updating or maintaining an older home. It is less suited for someone seeking a modern, low-maintenance property or a standard suburban lot. The gap between the $380k assessment and the higher neighborhood average suggests room to build equity through thoughtful renovations, particularly given the large lot.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
The 1,546 sq. ft. living area is close to the Woodhaven Boulevard average of 1,494 sq. ft., ranking in the top 38% on the street. City-wide, it is above average. The real standout is the land: at 8,643 sq. ft., it is roughly 2,000 sq. ft. larger than the typical city comparable.

2. Why is the assessed value ($380k) lower than the neighborhood average ($422k)?
The primary reason is the home’s age and condition relative to newer or more extensively updated homes in the wider Woodhaven area. The assessment aligns closely with other homes on Woodhaven Boulevard itself, indicating the street has a different character or mix of properties than the broader neighborhood average.

3. Is a 1919 home structurally risky?
Not inherently, but it requires a different approach to inspection and maintenance. An older home of this era often has good-quality materials (like old-growth lumber) but may need updates to electrical, plumbing, and insulation. A thorough home inspection, specifically looking at the foundation, roof, and knob-and-tube wiring, is essential.

4. What does the “Top 9%” for land area mean realistically?
It means this home has a lot larger than 91% of comparable homes across Winnipeg. For context, the average city lot in this category is 6,570 sq. ft., while this property is 8,643 sq. ft. This typically provides more space for gardens, a workshop, parking, or potential future expansion, depending on zoning.

5. Does the lower year-built ranking affect the home’s financing or resale value?
It can occasionally affect financing for some government-backed loans on very old homes, but it is generally not an issue with conventional mortgages. For resale, the large lot and above-average living space are positive offsetting factors, but the buyer pool will be smaller than for a newer home. The key is pricing and presentation that acknowledge the home’s age.