Property Overview
This one-storey home at 400 Burrin Avenue in Winnipeg's Jefferson neighbourhood presents a practical and well-situated opportunity. Built in 1953, its key characteristic is a recently renovated basement, adding valuable finished living space to the 917 sqft main floor. The property sits on a standard 5,451 sqft lot and includes a detached garage.
Its appeal lies in its strong position within its immediate area. The assessed value is notably above average for both Burrin Avenue and the wider Jefferson neighbourhood, suggesting the home is well-maintained or has features valued above its peers. While the living space is modest by city-wide standards, it is competitive locally. This creates a scenario where the property may offer better relative value within its community than on paper compared to the entire city.
This home would suit a first-time buyer or a downsizer looking for a manageable, single-level layout in an established neighbourhood. The renovated basement adds flexibility for a home office, extended family space, or recreation room. It’s a practical choice for someone prioritizing location and lot size over a large interior footprint.
Frequently Asked Questions
How does the assessed value compare to recent sale prices?
The home last sold in early 2018 for an estimated $25.5k–$28.5k. Its current assessed value of $31.9k is higher, indicating a likely increase in market value or assessment over that period.
Is the living space smaller than average?
Yes, but context matters. At 917 sqft, it is below the Winnipeg city-wide average. However, within the Jefferson neighbourhood and on Burrin Avenue itself, it is much closer to the average size for comparable homes.
What does "above average" assessed value for the street mean?
It means this home’s official assessed value is higher than most of its immediate neighbours. This often reflects updates (like the renovated basement), better condition, or a more desirable lot configuration compared to other homes on the block.
What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or project space without affecting the main house. Buyers should consider that it requires going outdoors to access, which can be a factor during Winnipeg winters.
How current is the sale price data provided?
The exact sold price history from 2016 onward is available by request. The range shown for the January 2018 sale is based on public data, and the property’s team can provide the precise figure directly via email.