997 College Avenue

Burrows Central, ਵਿਨੀਪਿਗ

Property score

38.8

Below average

Overall 38.8 · Smaller than most nearby homes

480 sqft (bottom 1%) · Built in 1931 (3 yrs older than avg)

Located in a high-income area with median household income of ~88k

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

Below average

50% smaller than neighborhood avg.

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

Near average

3 yrs older than neighborhood avg.

Mother tongue

English · 47%Tagalog · 34%

Past 10 years Burrows Central sales snapshot (~80% of all data)

Sold Count

665

Median price

215k

$/sqft

$209/sqft

Avg build year

1934

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Property score

38.8 is composed by the two sections below.

Property Score

16.4Low
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ480 sqft5Low
ਤਰੀਕ ਤੋਂ ਬਣਿਆ193122Low
ਜ਼ਮੀਨ3,590 sqft46Low
Neighbourhood Sales Activity42Low

Community Score

72.3Good
Household Income80Excellent
Education Level44Low
Housing Stress83Excellent
Core Housing Need76Good
Employment Health76Good

ਕਮਿਊਨਿਟੀ ਵਿਕਰੀ ਅੰਕੜੇ

Burrows Central

How to read: Share of sales in each ~$50k price band for “burrows central” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110166

Community deep dive

$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

Population, labour & age

Population (2021)657
Labour force participation rate72%
Median age40.8
Avg household size3.0
Unemployment rate8%
Population density4106 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households25%
Couple families with children34%
Median household income (2020)$88K

Housing

Renter households9%
Condominium dwellings0%
Median dwelling value (owners)$226K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority64%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 46%
Mother tongue (2nd)Tagalog · 34%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

ਰੈਂਕਿੰਗ

ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
480 sqft
0255075100
Same streetਹੇਠਲੇ 1%Same areaਹੇਠਲੇ 1%Citywideਹੇਠਲੇ 1%
Same street · College Avenue
#436 / 441
ਹੇਠਲੇ 1% · ਔਸਤ 1,134 sqft
Same area · Burrows Central
#1,773 / 1,800
ਹੇਠਲੇ 1% · ਔਸਤ 962 sqft
Citywide · ਵਿਨੀਪਿਗ
#194,247 / 194,458
ਹੇਠਲੇ 1% · ਔਸਤ 1,342 sqft

ਮੁਲਾਂਕਣ ਮੁੱਲ

ਔਸਤ ਤੋਂ ਹੇਠਾਂ
128k
0255075100
Same streetਹੇਠਲੇ 13%Same areaਹੇਠਲੇ 14%Citywideਹੇਠਲੇ 2%
Same street · College Avenue
#383 / 441
ਹੇਠਲੇ 13% · ਔਸਤ 185.9k
Same area · Burrows Central
#1,547 / 1,800
ਹੇਠਲੇ 14% · ਔਸਤ 188.7k
Citywide · ਵਿਨੀਪਿਗ
#191,374 / 194,458
ਹੇਠਲੇ 2% · ਔਸਤ 390.1k

ਤਰੀਕ ਤੋਂ ਬਣਿਆ

ਔਸਤ
1931
0255075100
Same streetਟਾਪ 35%Same areaਟਾਪ 39%Citywideਹੇਠਲੇ 18%

ਜ਼ਮੀਨ

ਔਸਤ
3,590 sqft
0255075100
Same streetਹੇਠਲੇ 45%Same areaਟਾਪ 31%Citywideਹੇਠਲੇ 20%

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.

ਆਵਾਜਾਈ ਅਤੇ ਪੈਦਲ ਚੱਲਣਯੋਗਤਾ

ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ

Nearby Amenities

Dining, education, healthcare, shopping & more

997 College Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 344 m).

Search radius
🌳Parks2

Crime & Safety

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%

ਵਿਕਰੀ ਦਾ ਇਤਿਹਾਸ

2/2022 ਵਿਚ ਵਿਕਿਆCA$100k–150k
ਵਿਕਰੀ ਮੁੱਲ

ਉਹੀ ਸਟ੍ਰੀਟ

ਹੇਠਲੇ 15%

ਉਹੀ ਇਲਾਕਾ

ਹੇਠਲੇ 15%

ਪੂਰਾ ਸ਼ਹਿਰ

ਹੇਠਲੇ 2%

Related homes

ਵਿਨੀਪਿਗ 997 College Avenue — ਵਿਸ਼ੇਸ਼ਤਾ ਅਤੇ ਸੰਬੰਧਿਤ ਸਵਾਲ

Property Overview: 997 College Avenue, Winnipeg

Key Characteristics & Appeal

This is a compact, one-storey home built in 1931 on a standard city lot in the Burrows Central neighbourhood. Its key characteristic is its modest scale, with a living area significantly smaller than most homes in the city. The property includes a detached garage and a basement that is present but not renovated.

The primary appeal lies in its affordability and land value. With a very low assessed value and recent sale price, it represents a highly accessible entry point into the Winnipeg market. This isn't a move-in-ready family home; its appeal is for a specific buyer looking for a blank canvas. It would suit a hands-on buyer seeking a land-value opportunity with a small existing structure—ideal for a thorough renovation, a complete rebuild, or an investor considering future development potential, subject to zoning. The lot size is typical for the immediate area, offering reasonable outdoor space for the neighbourhood.

Frequently Asked Questions

1. Why is the living area so small, and what does that mean for me?
At 480 sqft, the house is significantly smaller than average. This indicates it may be a very basic cottage or bungalow, potentially with minimal original finishes. It strongly suggests that any purchase should be made with a plan for major renovation or replacement of the existing structure.

2. The assessed value is very low. Does that mean the taxes are low?
Yes, a low assessed value typically results in lower municipal property taxes. This can be a financial advantage, keeping holding costs minimal while plans are made for the property.

3. What does "basement, not renovated" imply?
It confirms the house has a foundation and basement space, but it is in original or unfinished condition. Buyers should budget for potential moisture issues, structural updates, and finishing costs if they intend to use the space.

4. Is this a good investment for the future?
Its potential is heavily tied to the land value in Burrows Central and future neighbourhood trends. For a buyer willing to hold the property and invest in improvements, it could be. However, its current state means its value is not in its immediate condition, but in its possibility.

5. How does the lot size compare?
At 3,590 sqft, the lot is around average for both College Avenue and the broader Burrows Central area. It provides a standard urban parcel, which is a positive factor, as the value isn't constrained by an unusually small plot of land.

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