844 College Avenue

Property Overview

844 College Avenue is a modern bi-level home in Winnipeg's Burrows Central neighbourhood. Built in 2020, it stands out as one of the newest homes in an area predominantly composed of century-old properties. The home features 966 sqft of living space and a full, unrenovated basement. It sits on a modest 2,277 sqft lot, which is smaller than most in the city but typical for the immediate area. There is no garage or pool. The property's assessed value is notably higher than those of its direct neighbours, reflecting its newer construction.

Key Characteristics & Appeal

The primary appeal of this home is its modern build in an established neighbourhood. Buyers gain the benefits of newer construction—such as contemporary building standards, energy efficiency, and minimal immediate maintenance—without the premium price of a new suburban development. Its bi-level design offers clear separation between living and sleeping areas.

The lot size is a defining characteristic. While smaller than the city average, it translates to less yard upkeep, which could be a practical advantage for busy professionals, first-time homeowners, or investors seeking a low-maintenance property. The high assessed value relative to nearby older homes is a double-edged sword; it indicates a premium for the new build but also suggests property taxes will be higher than on neighbouring, similarly sized lots.

This property would suit a pragmatic first-time buyer looking for a modern, move-in-ready home without the footprint or upkeep of a larger lot. It could also appeal to an investor seeking a newer rental property in a stable, no-frills neighbourhood, as the modern systems may reduce maintenance calls. It is less suited for those seeking extensive outdoor space, garage parking, or a home with established mature landscaping.

Frequently Asked Questions

1. Why is the assessed value so much higher than nearby homes?
The assessed value is primarily driven by the home's very recent construction year (2020). Compared to the neighbourhood average of homes built in the 1930s, this property's modern materials, systems, and condition command a significant premium.

2. What does "bi-level" mean for this home?
A bi-level typically has a ground-level entry that leads to two short flights of stairs: one up to the main living areas (likely the 966 sqft) and one down to a lower level containing additional rooms and the basement utilities. This offers good separation between spaces.

3. Is the smaller lot size a concern?
It depends on your priorities. The lot is below the city average but is actually close to the neighbourhood average for living area. It means less outdoor maintenance but also limited space for additions, large gardens, or extensive private outdoor living.

4. What is the neighbourhood like?
Burrows Central is a long-established, no-frills residential area in Winnipeg. The property data shows most homes here are much older, suggesting a stable, mature community. The presence of a very new home on the street is an exception.

5. What are the immediate costs or projects to anticipate?
The listing notes the basement is "not renovated," so finishing that space could be a future project to add liveable square footage. As a newer build, major structural or system repairs (like roof or furnace) are unlikely in the near term. There is no garage, so adding parking or storage would be a consideration.