Property Overview: 225 Burrin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Jefferson neighbourhood, built in 1923. With 810 square feet of living space, it is notably smaller than most area homes, placing it in the top 83% for size on its own street (meaning 83% of nearby homes are larger). Its assessed value is $24,300, which is also below the local averages. A key updated feature is its renovated basement. The lot is a practical 4,684 sqft, which is close to the neighbourhood norm.
The primary appeal lies in its position as an accessible entry point into the market. It suits first-time buyers, downsizers, or investors seeking a lower-cost property with a modernized basement ready for a suite or additional living space. Its below-average metrics suggest a potentially lower price point, offering a chance to build equity in a well-established area. A thoughtful perspective is that a smaller, efficiently designed home on a standard lot can mean lower utility costs, less maintenance, and a simpler lifestyle, which holds significant value for the right owner.
Section 2: Frequently Asked Questions
1. How does the "below average" size and assessed value affect me?
Primarily, it suggests a potentially more affordable purchase price compared to larger homes in Jefferson. It indicates you are buying a modestly sized home for the area, which can mean lower property taxes and heating costs.
2. What does "renovated basement" typically mean here?
While specifics should be verified by a viewing and inspection, this generally indicates the basement has been modernized. It's a significant feature, as it adds functional living space and could be suited for a rental suite, family room, or additional bedrooms.
3. The home is over 100 years old. What should I check?
While the basement is renovated, it's wise to have a thorough inspection focusing on the foundation, plumbing, electrical systems, and the roof. Understanding what updates have been made to the main structure, not just the finishes, is crucial.
4. There's no garage. What are the parking options?
The listing notes no garage. Buyers should confirm on-site or street parking arrangements during a visit, as this is a practical consideration for vehicles and storage.
5. Can you provide the exact historical sale prices?
The public data shows a sale in September 2019 for an estimated range. For precise sale price history, you can request the exact figures via email from the listing source, which they provide manually.