Property Overview: 440 Burland Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1986-built home in River Park South presents a specific and practical value proposition. Its key characteristic is its modest 850 sqft living area, which is notably smaller than most homes on its street and in the wider neighborhood. However, this is balanced by a lot size that is above average for Burland Avenue at 4,541 sqft. The assessed value of $377k is very typical for its immediate street and sits just below the Winnipeg city average.
The appeal lies in its efficiency and potential. It suits a first-time homebuyer, downsizer, or investor looking for an entry point into a well-established suburban neighborhood without the premium for excess square footage. The larger-than-street-average lot could be a long-term asset for expansion (subject to permits) or simply for enjoying more private outdoor space than neighboring properties. It’s a home for those who prioritize location and land over interior size, viewing the compact living area as manageable and cost-effective rather than a limitation. The recent sale (2023) in the $400k-$450k range suggests it transacts at a accessible price point for the area.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
Yes, at 850 sqft, the living area is smaller than approximately 97% of homes on Burland Avenue and 96% in River Park South. It is a compact, efficient layout.
2. How does the assessed value compare?
The $377k assessment is almost exactly the street average. It is below the River Park South neighborhood average but aligns closely with the broader Winnipeg average for comparable homes.
3. What is the potential of the lot?
The 4,541 sqft lot is larger than about 80% of lots on the same street. This is a standout feature that offers more yard space and future potential compared to direct neighbors.
4. When was it last sold and for roughly how much?
The property sold in August 2023. Public data indicates a sold price range between $400,000 and $450,000.
5. How can I get the exact historical sale prices?
This site does not display MLS records. You can request the exact sale history and figures via email from the provider, who will manually look up and send the verified data.