Property Overview: 133 Burrows Avenue, North Point Douglas, Winnipeg

Key Characteristics & Buyer Profile

This home presents a distinct value proposition centered on its above-average interior space within a historically rich neighborhood. Built in 1907, the 1,229 sqft living area is notably larger than many comparable homes on its street and is competitive within the wider city. Its primary appeal lies in this balance of substantial interior space and a very low municipal assessed value of $102,000, which is significantly below averages for the street, neighborhood, and city. This suggests a potentially lower property tax burden and an accessible entry point into the market.

The property suits practical, value-focused buyers. It’s a candidate for an investor looking for a character rental, a first-time homeowner willing to trade lot size for living space, or a buyer with renovation experience who sees potential in the older structure. A less obvious perspective is that its smaller 2,276 sqft lot, while below area averages, could mean lower maintenance costs and less yard work—an advantage for some. The age of the home implies potential for historic charm but also necessitates a thorough inspection for updates and maintenance needs.

Frequently Asked Questions

1. Why is the assessed value so much lower than nearby properties?
Municipal assessments are based on a mass appraisal system considering factors like age, size, location, and recent sales. A significantly lower assessment can reflect the home’s older age, smaller lot, specific condition, or the overall market dynamics of older, established neighborhoods like North Point Douglas.

2. What does the age of the home (1907) mean for a buyer?
It indicates a property with character and likely solid construction, but it also requires careful attention. Buyers should prioritize inspections for foundational integrity, plumbing, electrical systems (which may need updating), and energy efficiency, as older homes often have higher utility costs.

3. The living space is above average, but the lot size is below average. What’s the trade-off?
This configuration offers more interior room for living, working, or growing a family but provides less outdoor private space. It’s ideal for those who prioritize indoor square footage over a large yard, potentially aligning with a more low-maintenance lifestyle.

4. How can I find out the actual sale history and prices for this home?
The provided data notes that sold price history is not displayed due to industry rules. You must request exact figures via email from the site, which will manually provide verified transaction history. This is a common practice for non-MLS data sources.

5. What is the neighborhood of North Point Douglas like?
As one of Winnipeg’s oldest neighborhoods, it offers a central location with a mix of historic homes and community-driven revitalization efforts. Buyers should research the area firsthand to understand its unique character, amenities, and future development plans to see if it aligns with their lifestyle.