Property Overview: 219 Burrin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Burrin Avenue in the Jefferson neighbourhood is a compact, character property built in 1923. With 660 sqft of living space, it is notably smaller than most area homes, placing it in the top 96% for size on its street (meaning only 4% of nearby homes are smaller). This defines its core appeal: it’s a manageable, entry-level property with a recently renovated basement. The detached garage and a land area of approximately 4,684 sqft are in line with local averages.
The home’s assessed value of $260k is below the city-wide average, reflecting its smaller footprint and age. Recent sales data suggests a market value in the mid-$200k range. Its appeal lies in its simplicity and affordability. It would suit first-time buyers, downsizers looking for minimal upkeep, or investors seeking a rental property with a modernized basement suite. A thoughtful perspective for the right buyer is viewing the smaller size not as a limitation, but as a catalyst for efficient, low-cost living and an opportunity to build equity in Winnipeg’s market without a massive initial outlay.
Section 2: Frequently Asked Questions
1. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal, secondary suite. Buyers should verify its status with the city and ensure it meets all safety and zoning requirements.
2. How does the small living area impact resale value?
The home ranks in the 98th percentile city-wide for compact size, meaning it’s among the smallest 2% of homes. This niche appeal can mean a narrower buyer pool but also less competition in its price bracket. Value appreciation may be more tied to land value and overall market trends than square footage.
3. What should I consider about a home built in 1923?
While the basement has been renovated, a home of this age likely has original components elsewhere. A thorough inspection is crucial to understand the condition of the foundation, plumbing, electrical systems, and roof.
4. The sold price history shows a range. What sold for $23.5k-$26.5k in 2023?
This very low price range refers to the property’s assessed value at the time of a past sale, not the actual sale price. The exact sale price is available by request from the site. This is an important distinction to avoid confusion.
5. How does the property compare to its neighbours?
The data shows it is older and significantly smaller than most homes on Burrin Avenue and in the wider Jefferson area. However, its assessed value is also correspondingly lower. It’s a classic example of getting a smaller, character home on a standard-sized lot for a below-average price in the neighbourhood.