Property Overview: 157 Burrows Avenue, North Point Douglas, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on space and location. Its primary appeal is its generous 1,548 sqft of living area, which ranks in the top 13% for size on its street and the top 25% within the North Point Douglas neighbourhood. This makes it a notably spacious option compared to nearby homes. The assessed value of $198k is above average for the immediate area, suggesting it is a substantial property within its local market, though it sits below the city-wide average.
Built in 1905, the home is a character property with inherent history. This appeals to buyers interested in older homes but requires a realistic perspective on potential maintenance or renovation needs associated with its age. The lot size is modest for the city but typical for the neighbourhood.
This property would best suit a practical buyer looking for maximum interior space in North Point Douglas, potentially a large family, an investor seeking a rooming house conversion, or a hands-on owner comfortable with an older home. Its value is clearly in its square footage and its standing within the local area, rather than in a large yard or modern construction.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $150k-$200k in late 2017. Its current assessed value of $198k is at the top of that historical sale range and is above the neighbourhood average, indicating perceived growth or solidity in value for the area.
2. What does the age of the home (1905) mean for me?
While full of character, a 121-year-old home will likely have older infrastructure. Buyers should budget for potential updates to wiring, plumbing, or insulation, and are strongly advised to invest in a thorough inspection.
3. Is the lot size a limitation?
At 2,912 sqft, the lot is smaller than the Winnipeg average but is relatively standard for North Point Douglas. It provides adequate outdoor space but may not suit those seeking extensive gardens or large-scale additions.
4. How accurate is the sold price data provided?
The site notes that sold prices are based on public internet data, not the MLS, and are presented in ranges. For fully verified, exact historical sale figures, you must request a manual lookup from the site via email.
5. What is the neighbourhood context for this property?
The data shows this home is a standout for size within North Point Douglas. However, its above-average value for the area means it is a significant investment in this specific community, not a starter price point, which is an important local market consideration.