Property Overview: 890 Burnell Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Burnell Street in Daniel McIntyre is a practical, character property built in 1909. With 923 sqft of living space and a renovated basement, it offers compact, efficient living. The lot is modest at 2,797 sqft, and the property includes a detached garage. Its assessed value is notably strong for the immediate neighbourhood, ranking above average in Daniel McIntyre.
The primary appeal lies in its position as a relatively affordable entry point into the Winnipeg market, particularly for a home with updated features like the basement. It suits first-time buyers, downsizers, or investors looking for a lower-maintenance, character home without a major renovation project. A thoughtful perspective is that its smaller size and lot could be seen as an advantage for those seeking a simpler lifestyle with less upkeep, while its above-average assessment for the area suggests it may already have seen value-adding improvements.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 923 sqft, the living area is below the average for similar homes in Winnipeg, but is fairly typical for the Daniel McIntyre neighbourhood, making it a compact and manageable footprint.
2. What does the assessed value indicate?
The assessed value of $23,600 is above the neighbourhood average, which often reflects updates (like the renovated basement) or other attributes that the assessor recognizes. It’s a positive indicator of the property’s standing within the local market.
3. Is the lot size a limitation?
The land area is smaller than most on Burnell Street itself but is close to the average for Daniel McIntyre. It provides adequate outdoor space for a patio or garden without demanding extensive yard work.
4. What can recent sale prices on the street tell us?
A nearby, similar property at 850 Burnell Street sold for $24,600 in July 2023, and another sold for $17,300 in May 2022. This indicates active sales and provides a recent benchmark for value in the immediate vicinity.
5. Who might this property not suit?
Buyers needing significant space, multiple bedrooms, a large yard, or an attached garage may find the layout and lot size limiting. It’s best for those comfortable with the efficient use of space characteristic of older, inner-city homes.