Property Overview
149 Bourkevale Drive is a well-situated, one-storey home in Winnipeg's Bruce Park neighbourhood. Built in 1950, it sits on a solid, average-sized lot of just over 4,650 sqft. The home itself is compact, with approximately 1,016 sqft of living space, and features a renovated basement and a detached garage. Its most recent sale was in March 2022 for $340,000.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of location, lot size, and modernized utility. While the living area is modest, the renovated basement significantly expands the functional space, offering flexibility for recreation, a home office, or additional storage. The detached garage is a practical asset in Winnipeg’s climate. The lot is a standout feature for the immediate area, providing good outdoor space relative to many neighbouring properties.
It presents a compelling opportunity for first-time homebuyers or downsizers seeking a manageable, single-level layout in an established neighbourhood without a sprawling yard to maintain. The recent renovation of the basement suggests major foundational work is already addressed, offering move-in readiness. A thoughtful perspective is that its "below average" living area compared to neighbours may represent a value entry point into the area, with the land itself holding long-term value. It suits a buyer who prioritizes location and a low-maintenance footprint over sheer interior size.
Frequently Asked Questions
Q: How does the home's age affect potential maintenance?
A: Built in 1950, it is older than the Winnipeg average but is actually newer than many homes on its street and in Bruce Park. The renovated basement is a positive sign of updated infrastructure, but a thorough inspection is always recommended for systems like plumbing, electrical, and the roof.
Q: Is the assessed value a good indicator of the likely sale price?
A: Not directly. The assessed value ( $31.5k ) is for municipal tax purposes. The market value is better indicated by its last sale price of $340,000 in 2022 and current local sales comparisons.
Q: What does the lot size mean for potential expansion or renovation?
A: At 4,654 sqft, the lot is a good size for the area. It could potentially accommodate a future addition or a garden suite, subject to City of Winnipeg zoning and permitting regulations.
Q: How does this home compare to others on the street?
A: Data shows it has a larger lot than half the homes on Bourkevale Drive, but its living space is smaller than most. This can mean less interior to heat and maintain, but also less room for a growing family.
Q: What is the neighbourhood like?
A: Bruce Park is a mature, established neighbourhood. The property is centrally located in Winnipeg, offering convenient access to major routes. The rankings show it is a very typical home for the Bruce Park area in terms of value and lot size.