Property Overview: 81 Burland Avenue, River Park South, Winnipeg
Section 1: Key Characteristics & Buyer Profile
This 1984-built home in River Park South presents a practical and competitively positioned offering. Its key appeal lies in its strong value proposition within its immediate locale. With 980 sqft of living space, the home is more compact than many in the wider neighborhood and city, but it sits on a standard lot for the street and carries an assessed value that ranks well above average for Burland Avenue. This suggests a property that is efficiently valued on its block, potentially offering an accessible entry point into a stable area.
The home would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing a traditional neighborhood setting. It’s also a sensible option for value-focused investors or buyers who prioritize a solid foundation in a known area over sheer size. A less obvious perspective is that a home of this vintage and scale often appeals to those wary of the upkeep and utility costs associated with larger, newer builds, offering a balance of established community charm and manageable overhead.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to its neighbors?
At 980 sqft, the living area is slightly below the street average (1,041 sqft) and more notably below the broader River Park South average. This indicates a cozier, more efficient layout compared to many surrounding homes.
2. Is the assessed value reasonable for the area?
The assessed value of $406k ranks in the top 6% on Burland Avenue itself, indicating it is considered above average for the immediate street. It aligns more closely with the citywide average, suggesting the valuation reflects the home’s specific attributes and location.
3. What is the property’s sales history?
Public records show previous sales in April 2017 and November 2020, with sold prices falling within the $300k-$400k range. For verified, exact historical sale figures, a manual lookup can be requested from the site.
4. How does the lot size impact potential?
The 4,109 sqft lot is typical for the street but smaller than many lots in the wider neighborhood. This means outdoor space is in line with direct neighbors but may offer less expansion potential compared to larger lots elsewhere in River Park South.
5. Are comparable homes nearby?
Yes. The provided list includes several nearby homes on Burland Avenue and surrounding streets from the same era (mid-1980s), with living areas typically ranging from 1,162 to 1,768 sqft and assessed values from $375k to $490k, offering direct context for comparison.