604 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a modest, older home in Winnipeg’s William Whyte neighbourhood, built in 1907. With 1,104 square feet of living space on a 2,727-square-foot lot, it’s a fairly typical small-city character home—not oversized, not undersized, but slightly below average in land area compared to citywide norms.

Its main appeal lies in its assessed value. At $156,000, the property sits well below the street average ($227,300) and dramatically below the citywide average ($390,100). Within the neighbourhood, the assessed value is actually close to the local average of $149,100, ranking in the top 37%. This suggests the home is priced in line with the immediate area, while offering a lower entry point relative to broader city benchmarks.

The property would best suit a buyer who is comfortable with an older home that likely needs attention—someone looking for affordability in a central Winnipeg neighbourhood, rather than a turnkey or high-finish property. It may also appeal to investors or first-time buyers focused on land value or gradual renovation, given the age and modest lot size. The home isn't a standout in any category, but it offers a functional footprint at a price point that makes sense for buyers who prioritize budget over curb appeal or modern updates.

Frequently Asked Questions

1. How does this home compare to others on Burrows Avenue?

It's around average for living space (1,104 sqft vs. street average of 1,116 sqft), but below average in assessed value and land area. The home ranks in the bottom third for both value and lot size on the street, while the year built (1907) is older than most homes on the block.

2. Is the assessed value of $156,000 realistic?

Yes, it's in line with the neighbourhood average of $149,100. The property ranks in the top 37% locally for assessed value, meaning it’s priced slightly above some nearby homes, but well below the street average. This suggests the assessment reflects the local market, not a citywide standard.

3. What does "ranked top 60%" for living area citywide mean?

It means the home is bigger than 60% of comparable properties across Winnipeg, but smaller than 40%. The citywide average for similar homes is 1,342 sqft, so this unit is about 238 square feet smaller than that benchmark. It's a moderately sized home, not exceptionally large or small.

4. Why is the land area so small (2,727 sqft)?

It's below average at every level—street, neighbourhood, and citywide. The neighbourhood average is 3,277 sqft, and the citywide average is 6,570 sqft. This is a compact lot, common in older, denser parts of Winnipeg. Buyers looking for a large yard or room for expansion should be aware of this limitation.

5. Does the year built (1907) indicate any major concerns?

Not necessarily, but it's a factor to consider. The home is older than 96% of properties citywide. While many Winnipeg homes from this era are structurally sound, older construction often means less insulation, older electrical or plumbing systems, and potential for lead paint or asbestos. A thorough home inspection is strongly recommended, especially for a property of this age that hasn't been recently updated.