451 Burrows Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,610 sqft home built in 1955 on a 3,267 sqft lot in Winnipeg’s William Whyte neighbourhood. What stands out most is the living space: it’s significantly larger than most homes on the same street (top 10%) and within the neighbourhood (top 12%). The assessed value of $226,000 is roughly average for the street but well above the neighbourhood average of $149,100, which suggests the home has held its value better than nearby properties. The land area is close to the neighbourhood norm—neither oversized nor cramped—and the year built (1955) places it slightly newer than the average home on the street and in the area.
The appeal here is straightforward: you get a lot of interior square footage for the price, in a part of Winnipeg where homes generally cost less than the citywide average. It’s not a “pocket neighbourhood” or a recently renovated showpiece. Rather, it’s a solid, mid-century house that offers more room than most comparable listings, without paying a premium for land you won’t use. The citywide ranking for assessed value (bottom 12%) is worth noting—it means this property sits well below the median Winnipeg price point, which could make it attractive to buyers looking for affordability or investors who see upside potential as the neighbourhood shifts.
This property would suit buyers who prioritize interior space over lot size or curb appeal. First-time buyers who need room to grow, families wanting a functional floor plan without moving to the suburbs, or investors targeting a historically working-class neighbourhood with signs of gradual improvement (the area’s average year built is older than the citywide average, meaning a stock of aging housing that may see reinvestment) would all find this relevant. It’s less suited to someone looking for a turnkey modern home or a large yard for gardening or recreation.
Frequently Asked Questions
1. How does this home’s value compare to others in William Whyte?
The assessed value is about $226,000, which is roughly 52% higher than the neighbourhood average of $149,100. That gap likely reflects the larger-than-typical living area and possibly better condition or updates compared to many nearby homes. However, it’s still well below the citywide average of $390,100, so it sits in a lower price tier overall.
2. Is the lot size typical for this part of Winnipeg?
The 3,267 sqft lot is very close to the neighbourhood average of 3,277 sqft. That places it in the middle of the pack locally, but it’s considerably smaller than the citywide average of 6,570 sqft—which is expected for an older, urban neighbourhood. You’re not getting a sprawling yard, but you’re also not paying for land you might not need.
3. What’s the significance of the year built (1955) in this context?
Homes in William Whyte have a median build year of 1927, so this house is newer than about 82% of its neighbours. That can mean better foundations, updated electrical or plumbing systems (though not guaranteed), and a layout that’s more aligned with mid-century standards than early 1900s construction. It’s not a new build, but it’s not a century home either.
4. How does the living area ranking affect resale potential?
A 1,610 sqft home in a neighbourhood where most homes are under 1,200 sqft gives you a clear differentiator. Larger homes tend to appeal to families or buyers seeking more flexible space, and they often command a premium when sold. That said, the resale value will also depend on condition, updates, and overall demand in the area—size alone doesn’t guarantee a quick sale.
5. Should I be concerned by the “below average” citywide rankings?
Not necessarily. Below-average citywide rankings for assessed value and land area just mean this property is more affordable and on a smaller lot than much of Winnipeg’s housing stock. For many buyers, that’s exactly the point. The neighbourhood rankings matter more here: the home performs well locally, which suggests it’s a stronger option within its own market, rather than a bargain in a struggling pocket.