Property Overview
This one-and-a-half storey home on Mountain Avenue in Burrows Central is a classic Winnipeg character home built in 1933. Its key appeal lies in its balance of historic charm, a decently sized lot, and a recent sale price that reflects its value within the neighbourhood. The home sits on a 3,586 sqft lot, which is notably larger than many city-wide properties but modest for the immediate street. With 900 sqft of living space and an unrenovated basement, it presents a straightforward, functional layout. A detached garage adds practical storage or workshop space.
This property would suit a first-time homebuyer or a practical investor looking for an entry point into the market with land potential. Its assessed value is strong for the Burrows Central area, suggesting it's a financially sensible choice within its community. The recent sale price of $230k indicates it's perceived as a solid value, outperforming many similar city properties. It's not a large or modernized home, so its appeal is for those who value location and lot size over turn-key finishes, seeing the basement and any updates as a future project.
Frequently Asked Questions
1. How does the lot size compare to the area?
The land is 3,586 sqft. This is below the average for Mountain Avenue itself but ranks above average for the broader Burrows Central neighbourhood, offering more outdoor space than many nearby homes.
2. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is in a functional, unfinished state. This presents both a blank canvas for future development and an immediate consideration for storage or utility needs.
3. What does the "Above average neighbourhood" sale price ranking mean?
The home recently sold for $230,000, which placed it in the top 20% of sale prices for Burrows Central. This indicates buyers were willing to pay a premium relative to other neighbourhood properties, likely reflecting the home's condition, lot size, or perceived value.
4. How old is the home, and what should I consider?
Built in 1933, the home is older than the Winnipeg city average. Buyers should factor in the potential for aging components (like plumbing or electrical systems) common to houses of this era, balanced against the character and build quality of a pre-war home.
5. Who is this home not well-suited for?
It may not suit buyers seeking a large, modern living space or a move-in-ready home with a finished basement. Its layout and size are more practical than luxurious, ideal for those comfortable with a project or who prioritize lot size and neighbourhood value over square footage.