Property Summary: 900 Burnell Street, Winnipeg
Key Characteristics & Buyer Appeal
This is a compact, one-storey home in the Daniel McIntyre neighbourhood, built in 1913. With 711 sqft of living space, it is notably smaller than most homes in the city, positioning it as a more affordable and manageable entry point into homeownership. Its key features include a renovated basement and a detached garage. The lot size is just under 3,000 sqft, which is fairly typical for the local area.
The primary appeal lies in its value and simplicity. It suits buyers seeking a lower-maintenance property without a large renovation project, thanks to the updated basement. It’s ideal for a first-time buyer, a small household, or an investor looking for a straightforward rental property. A thoughtful perspective: while small in size, its assessed value is competitive on its street and in the neighbourhood, suggesting it’s priced appropriately for its location and condition. It represents a practical, no-frills option in a central community, where the value is in the land and location rather than expansive square footage.
Frequently Asked Questions
1. Is the house in need of major updates?
The listing specifically notes the basement has been renovated, which is a significant update. As a home from 1913, buyers should anticipate typical maintenance for a century-old property, but there is no mention of other major renovations.
2. How does the size compare to nearby homes?
At 711 sqft, this home is below the average living area for comparable properties on Burnell Street, in Daniel McIntyre, and across Winnipeg. It is a compact, efficiently sized home.
3. What is the neighbourhood like?
It is located in the established Daniel McIntyre neighbourhood. The listing shows several nearby properties on the same street, indicating a dense, community-oriented area typical of central Winnipeg.
4. Why is the city-wide assessed value comparison so different?
The assessed value is around $20,800. While this is near the average for its immediate street and neighbourhood, it falls well below the city-wide average of $390k because that average includes much larger, newer, and higher-value properties from all areas of Winnipeg.
5. What are the potential uses for the detached garage?
The detached garage offers valuable additional storage, workshop space, or secure parking, which is a notable asset for a smaller home where indoor storage may be limited.