47.8
Below average
Property score
47.8
Below average
Overall 47.8
Newer than most nearby homes
840 sqft (bottom 35%)
Built in 1948 (14 yrs newer than avg)
Located in a above-average income area
with median household income of ~76.5k
Transit 74.0
2-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
Below average
13% smaller than neighborhood avg.
Year Built
Above average
14 yrs newer than neighborhood avg.
Mother tongue
English · 52%Tagalog · 25%
Past 10 years Burrows Central sales snapshot (~80% of all data)
665
215k
$209/sqft
1934
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47.8 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: #46110047
$77K
Median household income
$78K
Average household income
11%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
26%
Single-person households
30%
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
994 College Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 344 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 & Key Characteristics
This one-and-a-half storey home at 994 College Avenue is a classic post-war property built in 1948, situated on a notably spacious lot for its Burrows Central neighbourhood. Its primary appeal lies in its land value and location. With a living area of 840 sqft, the house itself is compact, presenting a potential opportunity for expansion or renovation, or simply offering a manageable footprint for minimal upkeep. The detached garage and lack of a basement are key practical features.
The property would best suit a value-focused buyer looking for a solid entry point into homeownership, an investor seeking a land-hold opportunity, or a hands-on individual interested in a home with clear potential to increase its value through updates. Its well-above-average lot size for the area offers a tangible asset that newer homes in this price range often lack. A less obvious perspective is that this home represents a specific era of Winnipeg's development, offering a simpler, more efficient layout that may appeal to those looking to downsize or reduce their living space without moving to a condo.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
This is typical for older, smaller homes in established neighbourhoods. The assessment reflects the current property characteristics and recent sale prices in the immediate area, not the city's overall market which includes newer, larger homes.
2. What does "one-and-a-half storey" mean for this house?
Typically, this style features a main floor with principal rooms and a second floor under sloping roof lines, often containing smaller bedrooms or finished attic space. The exact layout should be verified by a viewing or floor plan.
3. Is the small living area a major drawback?
It depends on your needs. For a single person, couple, or as a starter home, it can be manageable and efficient. The generous lot size provides outdoor space that can effectively extend the living area in warmer months.
4. How does having no basement affect utility and storage?
It eliminates flood risk and moisture issues common in basements, but requires alternative solutions for mechanical systems (furnace, water heater), laundry, and storage. The detached garage may offset some storage needs.
5. The home sold for $11,500 in 2019. What should I consider?
That sale price, significantly below the current assessed value, is a historical data point. It indicates a likely distressed sale, major fixer-upper condition at that time, or a non-arms-length transaction. It underscores the importance of a current home inspection to understand the property's present condition and any changes made since.
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