Property Overview: 817 Burrows Avenue

Key Characteristics & Appeal

This two-storey home, built in 1957, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in offering above-average space and a more recent build date compared to many homes in the immediate area. With 1,389 sqft of living space, it ranks within the top 6% of similar neighbourhood homes for size, providing more room than typical local listings. The lot is a standard city size for the area at just over 3,000 sqft, and the home features a detached garage and a renovated basement.

The property suits two main types of buyers. First, it's a strong fit for those seeking value and space within established neighbourhoods, as it offers more interior room than most comparable nearby homes. Second, it appeals to buyers who prefer a home from the mid-century era, which often comes with more modern foundations and layouts than the early 1900s builds common in the area. The renovated basement adds functional, flexible space. It's a grounded choice for someone prioritizing a liveable footprint and a structurally younger home over a larger lot or a central-city location.

Frequently Asked Questions

1. How does this home compare to others on the street and in the neighbourhood?
The home stands out locally for its living space and year built. It has more interior square footage than about 94% of similar homes in Burrows Central and is newer than about 87% of them. Its lot size and assessed value, however, are more typical for the area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or listing agent, including information on permits, moisture control, and the quality of the finishes.

3. The city-wide assessed value seems low. Why is that?
The assessed value is for municipal tax purposes and is not market value. The city-wide ranking shows this home's tax assessment is below the Winnipeg average, which is influenced by higher-value properties across all neighbourhoods. Its assessment is actually above average for Burrows Central, reflecting its relative standing in its local market.

4. The home last sold in early 2020. What should I consider?
The 2020 sale price provides historical context, but market conditions have likely changed. It's important to research recent sales of comparable properties in the past 3-6 months to understand current value. This history also indicates the potential for seller equity.

5. What are the less obvious considerations with a 1957-built home?
While newer than many neighbourhood homes, a 65+ year-old house will still have age-related considerations. Key systems like plumbing, electrical (check for knob-and-tube wiring), and the roof may be at or beyond their typical lifespans. The era of construction may also involve materials like original single-pane windows or asbestos-containing products, common until the late 1970s. A thorough inspection is essential.