185 Bourkevale Drive

Property Overview

This well-situated one-and-a-half storey home at 185 Bourkevale Drive in Winnipeg's Bruce Park neighbourhood presents a practical opportunity. Built in 1950, it is notably newer than many homes on its street and in the immediate area. The property features a renovated basement, a detached garage, and a land size of just over 4,650 sqft, which is typical for the locale. With 1,252 sqft of living space, it offers a manageable footprint. Its recent sale history and assessed value are consistently in the average range for its neighbourhood, suggesting a stable, established setting. The appeal here lies in its relative modernity for the area, the move-in readiness signaled by the renovated basement, and the potential of a standard-sized lot in a mature community.

This home would suit a first-time buyer looking for a solid starter home without major immediate projects, or a downsizer seeking a manageable property with some updates already in place. It’s for a buyer who values the character and stability of an older neighbourhood but prefers a home built later in that period. A thoughtful perspective is that while the home's metrics are generally "average" for the area, this can be an advantage, indicating a lower risk of over-improvement for the street and providing a straightforward benchmark for value.

Frequently Asked Questions

Q: How does the year built compare to nearby homes?
A: Built in 1950, this home is actually newer than most on its street and in the Bruce Park area, ranking in the top 15% locally. This can be an advantage for systems and structure relative to its peers.

Q: Is the lot size typical for the area?
A: Yes. The lot is approximately 4,654 sqft, which is very close to the average for both Bourkevale Drive and the broader Bruce Park neighbourhood.

Q: What does "renovated basement" imply?
A: While specific finishes aren't detailed, it indicates the basement has been updated beyond its original state. Buyers should inquire about the scope, permits, and the nature of the renovation (e.g., cosmetic vs. structural).

Q: Who might this property not suit?
A: It may not suit buyers seeking a very large or modern open-concept layout, as the living area is standard for its era, or those wanting extensive yard space, as the lot is average for the community.

Q: How does the assessed value context inform the price?
A: The assessed value is consistently around the neighbourhood average. This suggests the property is unlikely to be dramatically under or over-valued relative to its immediate surroundings, providing a stable basis for comparison.