Property Overview: 49 Burland Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in River Park South presents a solid, above-average offering within its immediate locale. Its primary strength is its generous living space of 1,580 sq ft, which ranks in the top 1% on its own street and offers more room than the average Winnipeg home. Built in 1984, it is a newer property compared to many across the city. With an assessed value of $397k, it sits above the street average but below the broader neighborhood average, suggesting a potentially attractive value proposition within a desirable pocket of River Park South.
The appeal lies in its position as a spacious and established home on a mature street. It suits buyers looking for a comfortable family home without a premium neighborhood price tag, offering more interior space than most nearby properties. A thoughtful perspective is the lot size: at 4,110 sq ft, it is below average for the area and city. This indicates a lower-maintenance yard, which could be a perk for some, but may not suit those wanting extensive outdoor space. The data suggests this is a home that prioritizes interior living area over land, making it ideal for those who value room to grow inside over a large garden.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home sold in July 2023 for between $400k and $450k, a price that ranked in the top 9% for the street at that time. This indicates it commanded a strong price relative to its neighbors.
2. Is the living area truly larger than most homes nearby?
Yes. With 1,580 sq ft, it significantly exceeds the street average of 1,041 sq ft, ranking #1 out of 126 homes on Burland Avenue for living space.
3. Why is the assessed value below the neighborhood average?
While the home’s assessed value is above the street average, the broader River Park South area includes many homes with higher assessed values (average $447.2k). This specific street appears to be a more affordable segment within the neighborhood.
4. What should I know about the lot size?
The lot is 4,110 sq ft, which is smaller than the typical lot in both River Park South and Winnipeg overall. This means a more manageable yard but less private outdoor space than some area homes.
5. How can I verify the exact historical sale prices?
The site provides sold price ranges. To obtain the exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.