Property Overview: 269 Burrin Avenue, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This one-storey home on a standard-sized lot in Jefferson is defined by its practicality and value. Built in 1925, its 754 sqft living area is notably compact, placing it among the smaller homes on its street and in the wider city. The property includes a detached garage and an unrenovated basement, presenting a classic, no-frills layout.
Its primary appeal lies in its affordability and lot potential. With an assessed value of $290k, it sits around the average for its immediate area, offering a relatively accessible entry point into the Winnipeg market. The value here is in the land and the structure's simplicity, not in high-end finishes or size. It suits first-time buyers, investors, or downsizers who prioritize a lower financial footprint and are comfortable with a home that may require updates over time. A thoughtful perspective is that its smaller size and unrenovated state offer a clear, blank-slate project without the premium price of a move-in-ready home, allowing new owners to tailor improvements to their own budget and taste.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 754 sqft, the living area is below average for the street, neighbourhood, and city. It is a compact, efficient layout.
2. What is the significance of the assessed value being "around average" for the street but "below average" citywide?
This indicates the home is priced consistently within its local Jefferson area, which generally has more affordable property values compared to the Winnipeg city-wide average.
3. What does "unrenovated basement" typically imply?
It suggests the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates and consider an inspection to assess its condition and potential.
4. The home sold in 2020 and 2022. Does that indicate a concern?
Not necessarily. The recent sales history shows active market interest. It underscores the property's role as a value-oriented option, possibly appealing to investors or owners making short-term moves.
5. Who might this property not be suitable for?
It may not suit buyers seeking ample space, modern open-concept layouts, or a turn-key home without any immediate projects. The compact size and likely need for eventual updates are key considerations.