Property Overview
This two-storey home on Burrows Avenue in Tyndall Park is a practical and well-situated property. Built in 1977, it offers 1,152 sqft of living space on a notably large 2,386 sqft lot. The home has an unrenovated basement and no garage. Its most recent sale was in February 2025 for $260,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its land and location. The lot size is exceptionally large for the area, ranking in the top 3% of the neighbourhood, which presents a significant opportunity for gardening, outdoor space, or future expansion. The home itself is a functional, no-frills canvas. Its unrenovated state means the next owner can customize it to their taste without paying a premium for recently updated finishes that may not align with their style.
It’s a solid match for first-time buyers or practical investors seeking a foothold in a stable neighbourhood without the premium price of a turn-key home. The strong lot size and the fact that its recent sale price ranks higher locally than its living area does suggest buyers are paying for the property's underlying potential and location rather than its current condition. It’s a property that rewards a hands-on owner who sees value in the land and is comfortable with a project.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It generally indicates the basement is in original or functional condition, but may lack modern finishes. It’s usable space but will likely need updating to match the main living areas if a finished look is desired.
2. How does the lack of a garage affect daily life and value?
For many buyers in this price range, street parking is common. The large lot, however, provides excellent space to add a garage or a substantial driveway in the future, which is a key advantage over properties on smaller lots.
3. The assessed value seems low compared to the sale price. Why?
Municipal assessed value is for tax purposes and often lags behind the current market. The sale price reflects what a buyer recently paid based on market conditions, the desirable lot size, and the home's potential.
4. Is the large lot size common for Tyndall Park?
No, it's a standout feature. This lot is larger than 97% of others in the neighbourhood, making it a relative rarity and a key asset of this property.
5. What is the neighbourhood like for families or first-time buyers?
Tyndall Park is a mature, established neighbourhood with a mix of long-term residents and new buyers. The property rankings show it's a consistent and affordable area within Winnipeg, offering community amenities and practicality over trendier, more expensive districts.