Property Summary – 277 Burrows Avenue

Key Characteristics & Buyer Profile

This 1931-built home offers 1,686 sq ft of living space—well above average for its street, neighbourhood, and city. Its assessed value sits at $199,000, which is notably higher than the William Whyte community average ($149,000) but significantly lower than the Winnipeg-wide average ($390,000). The lot is 3,265 sq ft, close to the typical size on this block and in the community, but small by citywide standards.

The property’s main appeal is its unusual combination of generous interior space and a relatively modest price point. For a buyer who values square footage over a large yard or a newer build, this home offers a rare value proposition within the city. It would suit someone looking for a property with renovation potential or a homeowner who prioritizes living area and is comfortable with an older home in an established neighbourhood, rather than seeking a move-in-ready, high-finish property. The location could appeal to buyers priced out of pricier Winnipeg areas but still wanting solid space in a community where assessments are climbing relative to the street average.

Five Possible FAQs

1. Why is the assessed value so much higher than the community average but lower than the city average?
The William Whyte area has generally lower property values than many other Winnipeg neighbourhoods. This home’s assessment (around $199,000) is above the local norm, meaning it’s a higher-value property within its immediate community. However, when compared across the whole city—which includes higher-priced districts—it falls below the citywide average of $390,000. This reflects both the strength of the home within its own area and the broader affordability of the neighbourhood.

2. Is a 1931 home a risky purchase?
Homes from that era can have solid construction, but they often require updates to electrical, plumbing, insulation, and roofing. The age ranks close to average for the street (built around 1944) and is actually newer than the typical home in the community (average 1927). That said, a thorough home inspection is essential. The value here lies in the space per dollar, not necessarily in turnkey condition.

3. How does the lot size affect property use?
At 3,265 sq ft, the lot is smaller than the citywide average (6,570 sq ft). It’s on par with other properties in the street and neighbourhood. This means limited outdoor space for expansion or large gardens, but also less maintenance. It’s typical for the area and likely suits buyers who want indoor square footage more than a big yard.

4. Who typically buys in William Whyte?
The area attracts a mix of first-time buyers, investors, and people looking for more affordable entry into Winnipeg’s housing market. Because assessments and prices are lower relative to the city, it offers better square footage per dollar than many other neighbourhoods. The trade-off is that the housing stock is older and some streets are still in transition. Buyers here often plan to renovate over time.

5. What do the rankings actually tell me?
The rankings compare this property to others on the same street, in the same community, and across Winnipeg. For example, the living space (1,686 sq ft) ranks in the top 8% on Burrows Avenue, but the assessed value (around $199,000) ranks in the bottom 8% citywide. This highlights a mismatch: you get a house with well-above-average interior space, but the market value is low relative to the city. This can be an advantage for buyers looking for under-valued properties with good bones.