Property Summary: 180 Bourkevale Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Bruce Park is defined by its solid, established character and practical updates. Built in 1948, it sits on a standard 4,750 sqft lot and offers 1,327 sqft of living space, placing it squarely in the average range for the area in terms of size. Its key modern feature is a renovated basement, adding valuable finished space. The home has a detached garage.
The appeal lies in its position as a well-maintained, post-war home in a mature neighbourhood. The data suggests it has been a good steward of value, with an assessed value that ranks above average for both its immediate street and the broader Bruce Park area. This indicates a property that has likely been updated or maintained in a way that outpaces many of its direct peers. It last sold in early 2021.
This home would suit a buyer looking for a move-in-ready character home without the extreme premium of a newer build. It’s ideal for someone who appreciates the established trees and settled feel of a neighbourhood like Bruce Park, values the added living space of a finished basement, and is comfortable with the maintenance considerations of a home of this vintage. It represents a pragmatic choice in the market—not the largest or newest, but one with demonstrated, above-average standing in its immediate context.
Section 2: Frequently Asked Questions
1. What does "above average assessed value for the street" actually mean?
It means that according to the city's assessment, this property is valued higher than most of the homes directly on Bourkevale Drive. This often reflects updates, condition, or lot desirability that set it apart from its immediate neighbours.
2. Is the 1948 build date a concern?
While the home is older, its above-average assessment for the area suggests it has been well-kept or improved. A thorough inspection is always recommended for homes of this age to understand the condition of core systems like plumbing, electrical, and the roof.
3. How does the lot size compare?
At 4,750 sqft, the lot is very typical for Bruce Park. It’s not an oversized parcel, but it provides standard backyard space for the neighbourhood and requires a manageable amount of upkeep.
4. What can the 2021 sale price tell me?
The sale price from January 2021 provides a historical benchmark, but it reflects the market conditions of that time. It’s most useful for understanding the property’s price trajectory rather than determining its current market value.
5. Who might this home not suit?
Buyers seeking a brand-new, low-maintenance property or those requiring a very large lot or extensive square footage might find this home less aligned with their needs. It’s best for those who see the charm and value in an updated, character-filled home in a mature community.