240 Burrin Avenue

Property Overview: 240 Burrin Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1915, presents a classic character home opportunity in the Jefferson neighbourhood. Its key appeal lies in its solid, no-frills fundamentals: a living area of 1,116 sq ft that is notably above average for its immediate street, a decent 4,750 sq ft lot, and a detached garage. The assessed value is modest, positioning it as an accessible entry point into the market.

The home’s appeal is primarily for the practical buyer or investor. It suits someone comfortable with a property that has a functional, unrenovated basement and is ready for updates, offering a chance to add value over time. A thoughtful perspective is its relative size advantage on Burrin Avenue itself—it offers more interior space than most comparable homes on the same street, which is a meaningful perk in an older neighbourhood. It’s not a luxury property, but a grounded option for those seeking a straightforward structure with potential on a quiet, established street.

Section 2: Frequently Asked Questions

1. What is the actual recent sale price?
The home sold in November 2020 for a price between $22.5k and $25.5k, based on available public data. The exact sale price can be provided upon request.

2. What does "below average" for Year Built mean?
Built in 1915, this home is older than over 90% of comparable homes on its street, in Jefferson, and citywide. Buyers should anticipate the maintenance and system updates typical of a 111-year-old structure, but also appreciate the enduring build quality of the era.

3. How does the assessed value compare?
At $26.4k, the assessment is around average for Jefferson and its own street, but below the citywide average for comparable homes. This can indicate a relatively lower property tax burden but may also reflect the home’s age and condition relative to the broader market.

4. What is the neighbourhood like?
Jefferson is an established, no-frills residential area. The listing shows nearby homes are of similar vintage and value, suggesting a consistent, stable streetscape without extreme disparities between properties.

5. Is the lot size a positive?
At 4,750 sq ft, the lot is squarely average for the area. It provides standard backyard space and room for a detached garage but is not an unusually large or subdividable parcel. It’s a practical urban lot.