Property Overview

This one-and-a-half storey home, built in 1920, sits on a notably spacious lot in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in the combination of a generous, above-average land area and a recently renovated basement, offering a solid foundation for both living and future potential. The detached garage adds practical value. While the living space is modest and typical for the street, the property's assessed value ranks well above average for its immediate area, suggesting a strong intrinsic value relative to its neighbours. This home would suit a first-time buyer, an investor, or a hands-on owner looking for a character home with a large yard in a central location, without the premium price of newer or more centrally assessed city neighbourhoods.

Frequently Asked Questions

1. What does the "above average" assessed value ranking mean for this property?
It indicates that, compared to similar homes on the same street and in the wider Burrows Central area, this property is officially valued in the top 15-25%. This often reflects its larger lot size and recent renovations, but it's important to distinguish this from city-wide market value, where it ranks lower.

2. How does the large lot size benefit a buyer?
Beyond extra outdoor space, a lot that ranks in the top 17% on its street offers rare potential for expansions, gardening, or adding structures like a shed or workshop, which are often limited on standard city lots.

3. The home was built in 1920. What should I consider?
While the basement has been renovated, a home of this age will likely have original elements elsewhere. Prospective buyers should budget for ongoing maintenance and updates to windows, insulation, or mechanical systems, while appreciating the character and build quality of the era.

4. Who are the typical neighbours, given the nearby reference properties?
The listed nearby and reference properties have a wide range of assessed values and sizes, from very modest to comparable. This suggests a diverse, mixed-housing street rather than a uniform area, which can be appealing for its variety and affordability.

5. Is the detached garage a full-sized garage?
The listing confirms a detached garage but does not specify dimensions. Given the age of the property and the neighbourhood, it may be a single-car or narrower historic garage. Viewing or requesting measurements is recommended to ensure it meets your needs for vehicle storage or workshop space.