Property Overview
This one-and-a-half storey home at 868 Burrows Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1922, it sits on a 2,727 sqft lot and features 1,042 sqft of living space, a renovated basement, and a detached garage. The home last sold in September 2022 for $170,000. Its key appeal lies in its position as a functional, no-frills property with recent updates in a long-established area. It suits first-time buyers, investors, or downsizers seeking an affordable entry into the market with a manageable footprint and some modernized elements. A thoughtful perspective is that its below-average lot size for the city translates to less exterior maintenance, while its assessed value ranking significantly below the citywide average highlights its accessibility in a broader market context.
Key Details & FAQs
Key Characteristics & Appeal
This is a character home with practical updates. The renovated basement adds valuable finished space, a significant advantage in a century-old property. The detached garage offers secure storage or workshop potential. While the lot is smaller than many in Winnipeg, it is fairly typical for its specific street and neighbourhood, making yard upkeep more manageable. The home’s living area is average for the immediate area, offering comfortable space for a small household. It would best suit a value-conscious buyer—such as a first-time homeowner wanting a starter property with some modern touches, an investor looking for a rental with recent improvements, or someone downsizing who prefers a smaller, low-maintenance lot without the premium of a newer build.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 2,727 sqft lot is below the citywide average but is fairly typical for Burrows Avenue and the Burrows Central neighbourhood, where it ranks in the top 71% and 81% of comparable local properties, respectively.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, permits, or the scope of work are not provided. This is a key detail to verify with the seller or a viewing.
3. Is the assessed value a reliable indicator of the sale price?
The home's assessed value is $16,900, but it last sold for $170,000 in 2022. Assessed values for tax purposes often differ significantly from market value, so recent comparable sales are a more accurate price guide.
4. What is the neighbourhood like for amenities and transit?
While not detailed here, Burrows Central is a mature neighbourhood. Buyers should research proximity to schools, transit on Burrows Avenue, and local shopping to see if it fits their lifestyle.
5. Are there any obvious concerns with a home built in 1922?
While the basement has been renovated, the age of the home means potential buyers should pay special attention to the condition of major original systems, such as the roof, plumbing, electrical, and foundation, during an inspection.