742 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a newer infill home in Winnipeg's William Whyte neighbourhood, built in 2021. With 1,370 square feet of living space, it sits comfortably above the average for both its street and neighbourhood, though it's closer to the citywide median. The standout feature is its assessed value: $372,000, which ranks in the top 6% on the street and the top 1% within the neighbourhood—far outpacing local averages of $227,300 and $149,100 respectively.

The appeal lies in the contrast. You're getting a recently constructed home in an older, established area where most houses date back to the 1920s–1940s. That means modern construction standards, energy efficiency, and finishes that older homes typically lack, without paying citywide new-home premiums. The trade-off is the land: at 2,463 square feet, the lot is smaller than most in the area, ranking in the bottom 16% on the street. This isn't a property for someone wanting a large yard or garden space.

This home would suit a buyer who prioritizes interior square footage and a modern build over outdoor space. It's a good fit for first-time buyers, downsizers, or investors looking for a low-maintenance property in a neighbourhood that's still relatively affordable compared to Winnipeg's newer subdivisions. The high assessed value relative to neighbours also suggests the home has held or built equity quickly—worth noting for anyone concerned about resale.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $372,000 is well above the neighbourhood average of $149,100 and the street average of $227,300. It ranks in the top 1% for the area, which reflects the fact that the home is much newer than almost everything around it. Citywide, it's near the middle of the pack.

2. The lot is smaller than average—what does that mean practically?
With 2,463 square feet, you're getting less outdoor space than most properties on the street or in the neighbourhood. That typically means a smaller backyard, less room for additions or a garage, and closer proximity to neighbours. It also means less yard maintenance, which some buyers see as a benefit.

3. Is this home in a desirable school catchment or family-friendly area?
The data doesn't speak to school catchment specifics. William Whyte is an older, central neighbourhood with a mix of rental and owner-occupied housing. Families should check local school boundaries and visit the area at different times to get a feel for traffic, noise, and nearby amenities.

4. How does the living area compare to other homes built around the same time?
The data compares the home against all comparable homes in each area, regardless of age. Since most homes on the street and in the neighbourhood are much older, the 1,370 square feet is above average locally. Compared to newer citywide construction, it's around average—newer homes in Winnipeg often range from 1,100 to 1,500 square feet.

5. What does "Top 1%" in year built actually mean?
It means this home is one of the newest on the street and within the neighbourhood—ranked 4th out of 682 on the street, and 9th out of 1,707 in the area. Most neighbouring homes were built in the 1920s–1940s. This is a significant practical difference: you're avoiding common older-home issues like knob-and-tube wiring, lead pipes, settling foundations, and outdated insulation.