Property Overview: 344 Burland Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1985-built home in River Park South presents a compelling blend of space, value, and established neighborhood character. With 1,308 sqft of living area, it offers significantly more interior space than the typical home on its street, ranking in the top 4% locally. The lot size of 4,516 sqft is also above average for the immediate area, providing good outdoor space.
The primary appeal lies in its value positioning. The home's assessed value ($366k) sits below both the neighborhood and city-wide averages for comparable properties, suggesting a potentially accessible entry point into the area. It suits practical buyers looking for a well-sized family home in a mature suburb without a premium price tag. It’s particularly fitting for those who prioritize interior and lot space on their own street over having the newest or largest home in the wider neighborhood. A thoughtful perspective is that its 1985 build date is newer than most Winnipeg homes, potentially meaning fewer major age-related updates than older stock, yet it’s settled into a well-established streetscape.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, this property sold between $350k-$400k in October 2023. That sale price ranked in the top 27% for its street but around the middle for the wider neighborhood, consistent with its profile as a strong value on its specific block.
2. Is the assessed value an accurate reflection of market value?
The assessed value ($366k) is for municipal tax purposes. It is below the neighborhood average, which can indicate value, but market value is determined by current buyer demand. The 2023 sale price provides a more recent market benchmark.
3. How does the lot size compare?
At 4,516 sqft, the lot is above average for Burland Avenue. However, it is below the average lot size for the broader River Park South neighborhood, which tends to have larger properties.
4. What is the context of the "Elite" living area ranking?
This means the home has more living space than 96% of similar homes on Burland Avenue. While it is around average compared to the whole city, it stands out for interior space on its own street—a key point if neighborhood familiarity and street-level comparisons are important to you.
5. How can I verify exact historical sale prices?
The site provides sold price ranges for general reference. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.