Property Overview: 229 Burrin Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Jefferson neighbourhood presents a practical and straightforward opportunity. Built in 1922, its key characteristics include 914 sqft of living space, a renovated basement, a detached garage, and a standard 4,684 sqft lot. The data suggests it is a very typical home for its immediate area—ranking around average for both size and lot on its street—while being more modest in scale and assessed value compared to the Winnipeg city-wide average.
Its primary appeal lies in its affordability and functionality within a well-established community. The renovated basement adds valuable finished space, and the detached garage offers flexibility. This property would suit first-time buyers seeking an entry point into the market, practical investors looking for a rental property, or downsizers who value a manageable, single-level layout without a large yard to maintain. A less obvious perspective is that its "average for the area" status can be a stability advantage, offering a lower-risk purchase that is unlikely to be over-improved for the block, which can be a concern with more extensively renovated homes in older neighbourhoods.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others?
Based on assessed value, this home sits below the average for its street, the Jefferson area, and the city overall. This indicates a potentially more accessible price point within its community.
2. What should I know about the home’s age?
Built in 1922, the home is older than most in its immediate area and the city. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and wiring, though the basement has been renovated.
3. Is the lot size a pro or a con?
At just under 4,700 sqft, the lot is very typical for Jefferson and offers a manageable yard. It provides adequate outdoor space without the high maintenance of a larger plot, which can be a benefit for those with busy lifestyles.
4. How does the living space feel for a family?
With 914 sqft on the main floor plus a renovated basement, the total functional space is reasonable. However, the above-ground living area is compact. It may suit a small family comfortably, but those needing multiple large bedrooms or dedicated living areas should consider the layout carefully.
5. What is the context of the last sold price shown?
The home sold in August 2019 for an estimated range of $16.5k-$19.5k. It is crucial to note this is a pre-pandemic price from over five years ago and reflects a different market. The current assessed value is $25.3k, but the actual market value will be determined by current conditions, the home's state, and recent comparable sales.