Property Overview: 418 Burrin Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This well-maintained one-storey home in Jefferson offers a practical and comfortable living space of 1,130 sqft on a generous, above-average lot for the neighbourhood. Its key appeal lies in its strong fundamentals and recent updates, notably a renovated basement that adds valuable finished space. The attached garage provides convenience, especially during Winnipeg winters.
The home’s standout feature is its assessed value, which ranks in the top 10% for both its immediate street and the wider Jefferson area. This suggests it is a well-regarded property in its locale, potentially offering good value retention. While its 1954 build date means it’s not a new build, it is newer than many area comparables, which may imply fewer concerns associated with much older construction.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing space, thanks to the finished basement. It’s also a sensible choice for value-conscious buyers who prioritize a home with recent renovations and a strong standing in its local market over sheer size or modern aesthetics.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that the municipal property assessment for this home is higher than most of its direct neighbours and similar homes in Jefferson. This often reflects desirable updates, lot size, or overall condition, and can be a marker of good relative value in the area.
2. Is the living space sufficient for a small family?
With 1,130 sqft above grade plus a renovated basement, the home offers flexible space. The single-storey layout is efficient for young families or those looking to avoid stairs, but the overall footprint may require creative use of the basement for dedicated play or living areas.
3. What are the implications of the home being built in 1954?
While newer than many area homes, a house of this age will still have core components (like plumbing, electrical, and the roof) that are likely not original. A pre-purchase inspection is crucial to understand the condition and age of these major systems.
4. How does the lot size compare?
At nearly 6,000 sqft, the lot is larger than the Jefferson average. This provides ample outdoor space for gardening, recreation, or future additions like a deck or shed, which is a notable advantage in a mature neighbourhood.
5. Why is the exact historical sale price not publicly listed?
To ensure accuracy and privacy, precise sale price data is often held in secure registries. The provided range is estimated from public records, and the exact figure can be requested directly from the listing service to aid in making an informed offer.