Property Overview: 241 Burland Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 980 sqft bungalow, built in 1984 on a 3,965 sqft lot, presents a practical and affordable entry point into Winnipeg's established River Park South neighborhood. Its core appeal lies in its straightforward value and stability. The home sits comfortably within the averages for its immediate street in terms of size, assessed value ($376k), and age, indicating it's a typical property for Burland Avenue. This offers a sense of predictability and reduces the risk of being over-improved or an outlier in the local market.
The property is best suited for first-time homebuyers, downsizers, or investors seeking a manageable, low-maintenance footprint. While the living area is below the neighborhood and city averages, this translates to lower utility costs and less upkeep. A thoughtful perspective is that the lot size, while smaller than area averages, is still generous for a home of this size, offering decent outdoor space without being burdensome. The home's assessed value is notably below the River Park South average, suggesting a potentially more affordable tax base compared to larger homes nearby, which is a key long-term cost consideration.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 980 sqft, the living area is very close to the average for Burland Avenue itself but is considered below average for the broader River Park South neighborhood and the city. This indicates a cozy, efficient layout on a street of similarly scaled homes.
2. Is the assessed value in line with the area?
The assessed value of $376k is average for the street and city-wide, but it sits below the neighborhood average for River Park South. This can be an advantage, potentially reflecting a more modest property tax assessment than some neighbors.
3. What is the history of sold prices for this home?
Public records indicate it last sold between $300,000 and $350,000 in October 2020. For fully verified and exact historical sale figures, a manual records lookup is required.
4. How does the lot size impact the property?
The lot is smaller than most in River Park South and Winnipeg overall. However, for this size of home, it provides a balanced yard that is usable without demanding excessive maintenance or landscaping costs.
5. What are comparable nearby properties?
Recent listings and assessments show similar homes on nearby streets like Malmsbury Avenue, Pately Crescent, and Paddington Road. These comparables, built in the same era with similar assessed values, help confirm the market positioning of 241 Burland Avenue.