Property Overview: 423 Burland Avenue, Winnipeg
Key Characteristics & Appeal
This 1986-built home in River Park South presents a solid, value-conscious opportunity in a mature neighbourhood. Its primary appeal lies in offering above-average space and land for its immediate street, positioned at a manageable price point.
The 1,268 sqft living area is notably larger than most homes on Burland Avenue (ranking in the top 6%), making it a spacious option within its direct peer group. The lot size of 4,900 sqft is a standout feature, ranking in the elite top 5% on the street, offering generous outdoor space for a home of this vintage. While its assessed value of $378k is around the city-wide average, it sits below the broader neighbourhood average for River Park South, suggesting a potentially more accessible entry point into the area.
This property would suit practical buyers looking for a established family neighbourhood with room to breathe. It’s particularly well-matched for first-time buyers or downsizers who prioritize a larger yard and more interior space than is typical on the block, without a premium neighbourhood price tag. The 1986 build date is also newer than the Winnipeg average, which may mean fewer immediate major updates compared to older city stock.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in March 2018. Its current assessed value of $378k is around the city-wide average but below the River Park South neighbourhood average of $447k, indicating it may be valued conservatively relative to the broader area.
2. Is the living space large for the area?
Yes, for Burland Avenue itself. The home’s living area is larger than 94% of comparable homes on the same street. However, it is slightly below the average for the wider River Park South neighbourhood.
3. What is the significance of the lot size?
The 4,900 sqft lot is a key feature, ranking in the top 5% on the street. This means it offers one of the larger yards in the immediate vicinity, which is a less common find in this price range and adds potential for outdoor living, gardening, or future expansion.
4. How does the year built affect this property?
Built in 1986, the home is newer than most in Winnipeg (ranking in the top 27% city-wide). This often correlates with modern building standards and layouts, but it also places it in an age range where certain components (like roofs, windows, or major systems) may be due for inspection or updates.
5. Where can I get verified sale price history?
The provided sold price is from public data. For a full, verified transaction history and exact sale figures, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry rules.