113 Burland Avenue

Property Overview: 113 Burland Avenue, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1984-built home in River Park South presents a practical and affordable entry point into a well-established Winnipeg neighborhood. With 968 square feet of living space, it is notably more compact than most homes in the area, which typically average around 1,410 square feet. The lot size is also smaller than neighborhood norms. However, its assessed value of $385,000 is very close to the Winnipeg citywide average, suggesting the price reflects the home's scale.

The primary appeal lies in its value positioning. It offers homeownership in a mature suburb without the premium often attached to larger properties on bigger lots. This makes it particularly suitable for first-time buyers, downsizers, or investors seeking a manageable property with lower maintenance demands. A thoughtful perspective is that a smaller home can mean significantly lower utility costs and less time spent on upkeep, freeing up resources for other priorities. Its vintage (1984) is newer than the average Winnipeg home, potentially meaning fewer age-related issues than older city properties.

Section 2: Frequently Asked Questions

1. Is the price fair for a home under 1,000 sq ft?
The assessed value aligns closely with the citywide average. The price primarily reflects land value in a desirable neighborhood and a functional home, rather than abundant square footage.

2. What are the implications of the smaller lot size?
It means less outdoor maintenance, which is a benefit for those not wanting extensive yard work. However, it may limit options for large additions, decks, or landscaping projects.

3. How does the home’s age (1984) affect it?
Built in the mid-80s, it falls within a common era for the area. Buyers should prioritize a thorough inspection of original components like the roof, windows, and major mechanical systems, which may be nearing the end of their typical lifespans.

4. The home sold recently in late 2023. Why is that significant?
A recent sale provides a clear, modern price benchmark, reducing speculation about current value. It suggests the market has recently tested and confirmed its price level.

5. Where can I get exact historical sale data?
The provided data shows a sold price range. For precise figures and a full transaction history, you must request a manual lookup from the site via email, as they do not display MLS sold records directly.