Property Overview: 416 Burland Avenue, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1985-built home on Burland Avenue presents a solid, mid-sized option in the established River Park South neighborhood. With 1,084 sqft of living space and a notably above-average lot size for its street (4,542 sqft), it offers a good balance of indoor and outdoor space. Its assessed value of $378k is very close to the street average, positioning it as a typical and reasonably priced home for the immediate area, though it sits below the broader neighborhood average, suggesting potential value within River Park South.

The appeal lies in its consistency and context. It’s not an outlier in size or price, which can be reassuring for buyers seeking a stable, community-focused street. The home is newer than most in Winnipeg, likely requiring less immediate major upkeep than older city properties. The lot size is a standout feature on this street, offering more private outdoor space than many direct neighbors. It would suit first-time buyers, downsizers, or practical investors looking for a manageable, turnkey property in a mature suburb without premium pricing. A thoughtful perspective is that its "average" metrics on its own street indicate a harmonious streetscape without extreme disparities, which can contribute to neighborhood stability and predictable property values.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home sold between $400k-$450k in July 2024. This sale price placed it in the top 13% of sales for Burland Avenue, indicating it sold for a premium relative to the street's historical sale prices and its own assessed value.

2. Is the living space smaller than other homes in River Park South?
Yes. At 1,084 sqft, the living area is below the River Park South neighborhood average of 1,410 sqft. However, it is very close to the average for Burland Avenue itself (1,041 sqft), meaning it is typical for this specific street.

3. What might the larger-than-average lot size mean for a buyer?
Ranking in the top 17% on the street for land area, the 4,542 sqft lot provides more yard space than most comparable homes on Burland Avenue. This allows greater potential for gardening, outdoor recreation, or future expansions like a shed or deck, subject to local bylaws.

4. How can I verify the exact historical sold price?
The site provides sold price ranges for general reference. To obtain the exact, verified sold price figures, you must request a manual lookup via email from the service, as they do not display MLS data directly.

5. Compared to the city overall, is this an older home?
No. Built in 1985, this home is actually newer than the average comparable home across Winnipeg (average year built 1966). It ranks in the top 29% city-wide for age, suggesting a potentially more modern construction style and systems than many Winnipeg homes.