307 Burrows Avenue

307 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s William Whyte neighbourhood. At 613 square feet of living area, it is significantly smaller than average at every comparison level—street, neighbourhood, and citywide—ranking in the bottom 1% citywide. The assessed value of $101,000 reflects this size and age, coming in well below typical values on the street and across the city.

The property was built in 1909, making it older than most homes on its street and in the wider city, though its age is roughly average for the immediate neighbourhood. One relative strength is the land: the 3,266-square-foot lot sits right around the median for both the street and the area, meaning the building footprint is small and there is outdoor space that is proportionally larger than the house itself.

Who would this suit? Most likely a buyer looking for an entry-level price point in Winnipeg, someone willing to take on a project, or an investor focused on land value in an older, established area. The low assessed value and small living area suggest this is not a turnkey family home. A more thoughtful perspective: the large lot relative to the house could appeal to someone interested in a future addition or redevelopment, provided zoning allows. It may also suit a buyer who values a low-maintenance, compact footprint and is less concerned with square footage than with having a private yard in a central neighbourhood.

Five Possible FAQs

1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value is based on the property’s size, age, condition, and recent sales of comparable homes. At 613 square feet and built in 1909, this home is smaller and older than most in the area, which pushes its value down relative to the neighbourhood median of $149,100. Keep in mind that assessment does not always reflect current market conditions or renovation potential.

2. How does the lot size compare to other properties nearby?
The land area of 3,266 square feet is right around the average for the neighbourhood (3,277 sqft) and slightly below the street average (3,497 sqft). Citywide, it is smaller than most, but within William Whyte it is a typical-sized lot. The house itself takes up a relatively small portion of that land.

3. Is this property a good candidate for renovation or expansion?
Possibly, but it depends on local zoning bylaws, building setbacks, and the home’s structural condition. The lot is an average size for the area, which may allow for an addition if the existing foundation and site constraints permit. It is worth consulting the city’s zoning department and a local contractor before making assumptions.

4. How does the age of the home affect maintenance or insurance?
Homes built in 1909 often have older systems—electrical, plumbing, heating—that may need updating. Insulation and windows may also be original or less efficient. Insurance premiums can be higher for older homes, and some insurers may require an inspection or updates to certain systems. A thorough home inspection is strongly recommended.

5. What does “ranked top 99% citywide” mean for living area?
It means this home is in the bottom 1% of all comparable properties in Winnipeg for living space. Out of nearly 194,500 homes citywide, only about 1,900 are smaller. This ranking is useful for understanding just how compact the home is relative to the broader market—it is not a judgment of quality, but a factual comparison of size.