566 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 640 sqft home built in 1909, sitting on a 2,463 sqft lot in Winnipeg’s William Whyte neighbourhood. The numbers tell a straightforward story: this is a small, older property by almost every measure—street, neighbourhood, and citywide. Its living area ranks in the bottom 2% citywide, and the lot is similarly compact.

Where things get more interesting is the assessed value. At $154,000, the property sits near the neighbourhood average ($149,100) and is actually ranked around the middle (top 39%) locally. That suggests the market in William Whyte doesn’t penalize smaller, older homes the way the citywide averages might imply. The street-level assessment (top 72%) shows it’s priced below the Burrows Avenue average of $227,300, which could reflect either condition differences or simply the range of housing stock on that street.

The appeal here is entry-level affordability in a neighbourhood where valuations are relatively flat and consistent. This isn’t a property for someone seeking space, a large yard, or a turnkey modern home. It suits a buyer who is comfortable with a smaller footprint, potentially interested in a starter home or investment property, and willing to work within the realities of an older building. The William Whyte area has seen shifts over time, and this property’s positioning—modest but not an outlier locally—means it may appeal to those who prioritize location and price over square footage or updates.

Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
Locally, the $154,000 assessment is around the neighbourhood average of $149,100. On its own street, it’s well below the $227,300 average, meaning Burrows Avenue has a wider mix of property values. Citywide, it’s in the bottom 3%, but that’s typical for many older, smaller homes in central Winnipeg neighbourhoods.

2. Is the small living area a concern for resale?
It could be for buyers seeking more space, but the neighbourhood itself has a lower average living area (1,158 sqft) than the city as a whole. That suggests the local market doesn’t penalize smaller homes as heavily. Resale will depend on finding a buyer who values affordability and location over size.

3. What does the 1909 year built mean in practical terms?
It’s an older home by citywide standards (average is 1966), but not unusual for William Whyte, where the neighbourhood average is 1927. Buyers should expect systems and materials consistent with a home of this age—plaster walls, knob-and-tube wiring potential, and likely original foundation work. A thorough inspection is advised.

4. How does the lot size affect usability or future development?
At 2,463 sqft, the lot is small—among the smallest on the street (top 84%) and neighbourhood (top 91%). This limits options for additions, a large garage, or significant landscaping. It’s a functional urban lot, but not one that offers much expansion room. Zoning and setback rules would need to be checked for any plans.

5. What does the “top 72%” street ranking for assessed value actually mean?
It means 72% of homes on Burrows Avenue have a higher assessed value. So this property is on the lower end for the street. That could be due to its smaller size, older condition, or a combination. It doesn’t automatically indicate poor condition—just that it’s priced below most neighbours.