40.8
Below average
Property score
40.8
Below average
Overall 40.8
Smaller but newer than most nearby homes
588 sqft (bottom 6%)
Built in 1947 (13 yrs newer than avg)
Located in a high-income area
with median household income of ~88k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 1 park nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
39% smaller than neighborhood avg.
Year Built
Above average
13 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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40.8 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
1054 College Avenue — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 458 m), 1 healthcare (nearest 442 m), 1 shopping (nearest 435 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 9% | Bottom 11% | Bottom 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 1054 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home built in 1947 on a standard city lot in the Burrows Central neighbourhood. Its key characteristic is its land value: the lot size is above average for the area, offering potential for expansion, gardening, or future redevelopment. The house itself is quite small at 588 sq ft, with a detached garage and no basement.
The primary appeal lies in its affordability and opportunity. With a very low assessed value and a recent sale price of $11,500, it represents a minimal entry point into the Winnipeg housing market. This property would suit a specific type of buyer: an investor looking for a land-value play, a hands-on individual seeking a compact and extremely budget-friendly living project, or a builder considering a potential teardown and rebuild given the desirable lot size for the area. It’s not a move-in-ready family home, but a canvas for a buyer with vision, limited upfront capital, and a willingness to invest sweat equity or hold the asset for its land value.
Section 2: Frequently Asked Questions
1. Is this a livable home?
Based on the very small living area (588 sq ft) and age, it is likely a very basic dwelling. Buyers should anticipate needing significant updates or viewing it as a tear-down, and budget for a thorough inspection to understand its condition.
2. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state—a very small, older home. The value is primarily in the land, not the structure. This is common for properties where the building contributes little to the overall worth.
3. What are the real costs beyond the purchase price?
Property taxes will be low due to the low assessment, but utilities for an older, small home may be inefficient. Any renovation or development plans would require separate budgeting for permits, construction, and potential demolition costs.
4. What is the neighbourhood like?
Burrows Central is an established, older Winnipeg neighbourhood. The lot size here is above average for the area, suggesting a potentially more spacious, classic streetscape. Researching local amenities, traffic patterns, and future city planning would be advisable.
5. Is this a good investment?
As an investment, it’s high-potential but carries risk. Its value is heavily tied to the land, which could appreciate. However, profitability depends entirely on your plans—whether you intend to renovate, rent, hold, or redevelop—and the associated costs and market timing.
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