This is a 946 sqft home built in 1915, sitting on a 2,727 sqft lot in the William Whyte neighbourhood of Winnipeg. Its assessed value is $187,000.
The property’s standout feature is its assessed value relative to the immediate neighbourhood. While the home is priced around the middle of the pack on its street, it ranks well above average (top 22%) compared to other homes in William Whyte, where the typical assessed value is $149,100. This suggests the home holds its value better than many nearby properties. At the city level, it is a relatively affordable option, ranking in the bottom tier of assessed values across Winnipeg.
The trade-off is in space. The living area and land area are both on the smaller side—below the street average and well below citywide norms. This isn’t a house for someone needing a large yard or multiple large reception rooms.
This property would suit a buyer who prioritizes affordability and good value retention within a specific neighbourhood over raw square footage. It’s a sensible choice for a first-time buyer, a small household, or someone looking for a lower-maintenance urban home who isn’t bothered by a compact lot and a home that isn’t the newest. The 1915 build date means it’s an older house, which often appeals to buyers who appreciate pre-war character and construction, but also requires an awareness of maintenance typical of a century-old home.
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How does this property compare to others on Burrows Avenue?
On its street, the home is fairly average in terms of living area, age, and assessed value. Its lot is slightly smaller than most others on the block. It doesn’t stand out dramatically on the street itself, but it offers a relatively favourable assessed value compared to the broader neighbourhood.
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Is the land area a dealbreaker?
It depends on your needs. At 2,727 sqft, the lot is below average for the street and significantly smaller than the typical Winnipeg property. It’s a compact urban lot. If you want a large garden, room for an oversized garage, or future expansion, it may feel tight. For low-maintenance outdoor space, it is likely sufficient.
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What does the assessed value of $187,000 tell me?
It tells you the home is priced competitively within its neighbourhood—well above the local average, which can be a sign of better condition or a more desirable location within William Whyte. However, compared to homes across the entire city, it’s a lower-value property, making it an accessible entry point into the market.
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The home is from 1915. What should I look out for?
Older homes often have solid construction but can come with outdated systems. You should expect to investigate the condition of the electrical, plumbing, foundation, and insulation. The year-built data ranks it as older than 89% of homes citywide, so a thorough home inspection is strongly advised, especially for a property this age.
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What type of neighbourhood is William Whyte?
Without making assumptions beyond the data, the statistics show it’s a neighbourhood where the average assessed home value ($149,100) is well below the citywide average ($390,100). It is a relatively affordable area of Winnipeg. Given the home’s above-average assessed value within the neighbourhood, it may be on a more established or sought-after block, but prospective buyers should visit the area in person to assess the fit.