Property Overview
This 912 sqft, one-storey home at 650 Burnell Street in Winnipeg's Daniel McIntyre neighbourhood presents a specific and compelling value proposition. Built in 1953, it is notably newer than many homes in the immediate area. Its key characteristic is a generous 4,114 sqft lot, which is well above average for both the street and the neighbourhood, offering significant outdoor space relative to its compact living area. The home has a renovated basement but no garage.
Its appeal lies in its efficient footprint on a large lot, a combination that offers low-maintenance living with room for gardens, play, or future expansion like a shed or deck. With an assessed value that ranks highly for the area, it represents an accessible entry point into the market, particularly for those who prioritize land over square footage. This property would suit first-time buyers, downsizers looking for a manageable home with private outdoor space, or value-focused investors attracted by the below-average living area paired with an above-average lot size for the locale. It’s a practical choice for someone who sees potential in the land itself or prefers a simpler, more affordable house to maintain.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 912 sqft, the living area is below average for the city, street, and neighbourhood. This indicates a compact, efficient layout suitable for individuals, couples, or small families.
2. Why is the assessed value considered high for the area?
While the assessed value is below the Winnipeg city average, it ranks in the top 25% on Burnell Street and top 13% in Daniel McIntyre. This suggests the property is valued favorably compared to its immediate peers, likely due to its larger lot size and more recent year of construction.
3. What are the implications of having such a large lot?
The 4,114 sqft lot is a standout feature, offering ample yard space rarely found with homes of this size in the area. This provides privacy, room for recreation, and potential for landscaping or outdoor projects that wouldn’t be possible on a standard city lot.
4. The home was built in 1953, but the data says that's "above average" for the area. What does that mean?
This indicates the surrounding housing stock is generally older. Many homes on the street and in Daniel McIntyre were built in the early 1900s, so a 1953 build may have undergone fewer major renovations or updates than its century-old neighbours, potentially representing a different starting point for maintenance.
5. Are there any obvious drawbacks from this data?
The data shows no garage, which is a consideration for vehicle storage and winter weather. The living space is compact, so storage and layout will be important factors to assess during a viewing. The value is in the land and location more than in the size of the dwelling.