Property Overview: 308 Burland Avenue, River Park South, Winnipeg
Key Characteristics & Appeal
This 1,264 sqft bungalow, built in 1985 on a 4,399 sqft lot, presents a solid, middle-ground option in the Winnipeg market. Its primary appeal lies in its strong standing within its immediate locale. On Burland Avenue, the home ranks in the top 30% for lot size and year built, and the top 10% for living area, indicating it is a notably above-average property on its own street. The assessed value of $372k is very close to the street average, suggesting it is priced consistently with its direct neighbors.
However, the context shifts when viewed against the wider River Park South neighborhood, where the assessed value falls below the area average. This creates a potential value proposition: you may acquire a home that stands out on its block for a price that is comparatively modest for the broader community. It would suit practical, value-conscious buyers—perhaps first-time homeowners, downsizers, or investors—who prioritize a well-sized home in a stable setting over a premium neighborhood status. The 1985 build date suggests modern enough systems while potentially leaving room for updates that could add value.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $372k is for municipal tax purposes. The last known sale was between $300k-$350k in 2017. Market conditions, property condition, and buyer demand will determine the final sale price.
2. How does this home compare to others in River Park South?
The data shows a mix. While its living space is near the neighborhood average, its assessed value is below the area average, and its lot size is smaller than many in River Park South. This indicates it may be a more affordable entry point into the community.
3. What can the rankings tell me about the property's condition?
The rankings are based on objective metrics like size and year built, not condition. A home ranking highly for year built simply means it's newer than many peers. A professional inspection is essential to understand the actual state of the roof, foundation, wiring, and plumbing.
4. Why is there only a price range for the last sale, not an exact figure?
The site uses publicly available, non-MLS data and displays older sale prices in broad bands for users who are not signed in. You can request the exact historical figures from the site administrators via email.
5. The home seems larger than others on the street. Does that guarantee a better layout?
Not necessarily. A higher square footage ranking is a quantitative advantage, but the flow, room sizes, and functionality of the floor plan are qualitative factors. It’s important to visit the property to see if the space is configured to suit your needs.