Property Overview: 1064 Burrows Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2019, stands out as a distinctly modern property in its neighbourhood. Its primary appeal lies in its new construction, offering a move-in-ready canvas free from the immediate maintenance concerns or renovation projects typical of older area homes. With 1,317 sqft of living space, it provides comfortable, above-average room for the local area.
The property’s characteristics create a specific niche. It suits a practical buyer seeking modern systems (like plumbing, wiring, and insulation) but who is comfortable with a compact, efficiently used lot. It’s an ideal fit for a first-time homeowner, a small family, or an investor looking for a newer, low-maintenance rental property in the Burrows Central area. The appeal is less about expansive outdoor space and more about interior modernity and predictability in a well-established community.
A thoughtful perspective: while the land size is modest, the home’s newness and efficient layout could represent a strategic entry point. It offers the benefits of a new build without the premium price tag of a larger suburban lot, positioning it as a value-conscious choice for modern living.
Section 2: Frequently Asked Questions
1. What does "basement, not renovated" mean for a house built in 2019?
This typically indicates the basement is unfinished. It provides raw space for storage or future development, offering the new owner a blank slate to finish according to their needs and budget.
2. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values, especially for newer homes. The 2020 sale price of $32.70k is likely a more current reflection of its market value at that time.
3. Who would this property not suit as well?
Buyers prioritizing a large yard, extensive outdoor space, or an established garden may find the lot size limiting. It may also not suit those seeking a historic character home, as its 2019 construction offers a contemporary alternative.
4. How does its size compare to nearby homes?
Its living area is notably larger than many immediate neighbours, some of which are under 600 sqft. This gives it a spacious feel within the local context, despite having a smaller footprint on the land itself.
5. Is the lack of a garage a significant drawback?
This depends on lifestyle. For those reliant on street parking, it’s the local norm. The trade-off is a newer home that likely requires less ongoing maintenance than an older property that includes a garage.