394 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1907 single-family home with 1,576 square feet of living space on a 3,265-square-foot lot. Its standout feature is size: it's notably larger than most homes on the same street (top 12%) and within its William Whyte neighbourhood (top 13%). The assessed value sits at $196,000—roughly average for its street but significantly above the neighbourhood average of $149,100, reflecting the extra square footage. The lot itself is typical for the area but compact by citywide standards.

The appeal here isn't curb appeal or modern finishes—it's space per dollar. In a neighbourhood where many homes are smaller and older, this property offers above-average interior room without a premium price tag. Buyers who will find it most suitable are those prioritizing square footage and valuation over a renovated interior or a prime street. It would work well for someone looking for a larger starter home, a small family needing room to grow, or an investor attracted by the strong local value position. The 1907 build means older systems and likely deferred maintenance, so it's best suited to buyers comfortable with a project or at least a thorough inspection.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
It's $196,000, which is about average for Burrows Avenue itself but 31% higher than the William Whyte neighbourhood average. That gap mostly comes down to the larger living area. On a citywide scale, it's well below the median, which makes it one of the more affordable options for its size in Winnipeg.

2. Is the neighbourhood considered up-and-coming or stable?
The data doesn't speak to trends directly, but William Whyte is an older inner-city neighbourhood with a mix of century homes and some newer infill. The fact that this home ranks in the top 13% for living area locally suggests it stands out in a stock of generally smaller houses, which could appeal to buyers looking for more space without leaving the area.

3. What's the lot like, and what are its limitations?
At 3,265 square feet, the lot is typical for this street and neighbourhood but small by Winnipeg standards (bottom 16% citywide). That's common for older urban infill lots. Expect limited backyard space and a smaller footprint for additions or a garage. It's a lot better suited to low-maintenance living than to major landscaping or expansion.

4. How old is the house, really, and what does that typically mean?
Built in 1907, it's among the older homes on its street and in the neighbourhood, and in the oldest 4% citywide. That means you're likely dealing with a balloon or post-and-beam frame, possibly original plaster walls, and older plumbing or electrical. Renovations may have been done, but a pre-purchase inspection should focus on foundation, knob-and-tube wiring, and lead pipes—common issues in homes of this era.

5. Is this property a good investment compared to others nearby?
It depends on your criteria. On assessed value alone, it's reasonably priced for its size and location. The larger floor plan gives it more rental or resale flexibility than many nearby homes. But the older construction and smaller lot may limit appreciation potential compared to a newer, move-in-ready property. It's a better value play than a growth play.