56.6
Fair
Property score
56.6
Fair
Overall 56.6
Larger and newer than most nearby homes
1,072 sqft (top 28%)
Built in 1948 (14 yrs newer than avg)
Located in a high-income area
with median household income of ~88k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 47%Tagalog · 34%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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56.6 is composed by the two sections below.
Property Score
Community Score
Burrows Central
How to read: Share of sales in each ~$50k price band for “burrows central” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110166
$88K
Median household income
$87K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
25%
Single-person households
34%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
1012 College Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 274 m).
Burrows Central · WPS public data · 2026
Annual incidents
26
2026
vs. city avg
-12%
relative to avg
Year-over-year
▼ -95%
vs. prior year
Primary type
Property
46%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 42% | Bottom 39% | Bottom 6% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 6% | Bottom 10% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1012 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its balanced proportions and established location. The 3,735 sqft lot is notably larger than most in the immediate area, offering above-average outdoor space for the neighbourhood, while the 1,072 sqft living area provides a comfortable footprint. A detached garage adds functional utility.
The home’s value is primarily grounded in its land and location rather than its assessed value, which is significantly below the Winnipeg city average. This profile suggests it could suit a first-time buyer looking for a manageable starter home with yard space, or an investor seeking a property with solid fundamentals in a central community. Its above-average lot size for the area also hints at potential for future expansion or landscaping, offering a less obvious angle for a buyer with longer-term vision.
Section 2: Frequently Asked Questions
1. What does the assessed value indicate?
The assessed value is for municipal tax purposes and is not the market price. This home’s assessed value is well below the Winnipeg average, but in line with similar homes on its street and in Burrows Central.
2. How does the lot size compare?
The lot is 3,735 sqft, which is larger than about 75% of properties in Burrows Central, making it a standout feature for the neighbourhood.
3. Is the home newer or older than its neighbours?
Built in 1948, it is newer than most comparable homes on its street and in the broader neighbourhood, which average build years of 1930 and 1934 respectively.
4. What is the recent sales history?
The property sold for $170,000 in March 2017. A prior sale in August 2016 was for $11,300, which typically indicates a transfer not reflective of market value, such as between family members.
5. How does the living space compare to the city average?
At 1,072 sqft, the living area is slightly below the Winnipeg average for homes, but is actually above average for the Burrows Central neighbourhood itself.
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