Property score
57.1
Fair
Overall 57.1 · Newer than most nearby homes
955 sqft (top 49%) · Built in 2023 (89 yrs newer than avg)
Located in a above-average income area with median household income of ~76k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 2 schools, 2 healthcare facilitys, and 1 shop nearby
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Above average
89 yrs newer than neighborhood avg.
Mother tongue
English · 48%Tagalog · 30%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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57.1 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: #46110049
$76K
Median household income
$82K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
21%
Single-person households
32%
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
840 College Avenue — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 190 m), 2 education (nearest 377 m), 2 healthcare (nearest 269 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 | Top 5% | Top 4% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 840 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 2023-built bi-level home at 840 College Avenue presents a distinct profile defined by its modern construction and compact, efficient footprint. Its key appeal lies in being a nearly new build in an established neighbourhood, offering move-in readiness without the concerns of aging infrastructure common in the area. With 955 sqft of living space and an unrenovated basement, it suits buyers seeking a low-maintenance, modern home on a modest scale.
The property’s standout characteristic is its age: it ranks in the top 1% for year built both on its street and in the wider Burrows Central area, where the average home was constructed in the 1930s. This is a significant advantage for those wary of major repairs. However, the lot size of 2,277 sqft is notably smaller than area averages, which may limit expansive outdoor projects but reduces yard maintenance. The home recently sold for $314,000, a price well above local norms, reflecting the premium for its new condition. This property would ideally suit first-time buyers, downsizers, or investors looking for a modern, worry-free asset in a central location, who prioritize interior condition over a large yard or extensive renovation potential.
Section 2: Frequently Asked Questions
1. What does the "below average" land area ranking mean for me?
It means the lot is smaller than most in Winnipeg. The benefit is less yard work; the trade-off is limited space for additions, large decks, or extensive landscaping.
2. The assessed value is $290k, but it sold for $314k. Why the difference?
Assessed value is for municipal tax purposes and often lags behind the current market. The sale price reflects what a buyer recently paid, indicating a premium was placed on the home's very recent construction.
3. Who is this home not well-suited for?
It may not suit buyers needing significant space for a growing family, those who want a large garden or workshop, or anyone looking for a "fixer-upper" or renovation project, as the home is essentially new.
4. The basement is noted as "not renovated." What should I expect?
Expect a basic, unfinished space. This provides excellent storage or future expansion potential, but any development (like a rec room or suite) would require a full renovation investment.
5. How does its value compare to similar-aged homes city-wide?
While its build date is elite locally, city-wide rankings show its living space and assessed value are more average. This highlights that you're paying primarily for new construction in a specific, established neighbourhood rather than for sheer size or high-end finishes.
