765 Burrows Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,464-square-foot home built in 1912 on a 3,003-square-foot lot in Winnipeg’s William Whyte neighbourhood. The assessed value is $171,000.
The property’s main appeal is its above-average living area relative to nearby homes. On the street, it ranks in the top 15% for size—348 square feet larger than the street average. In the neighbourhood, it sits in the top 18%. Citywide, it’s around the middle. For someone who values interior space over lot size, this offers more room inside than most comparable properties in the area.
The assessed value tells a more nuanced story. At $171,000, it’s below the street average ($227,300) but above the neighbourhood average ($149,100). This suggests the street has a mix of property values, and this home is priced attractively relative to its living area. Citywide, it ranks in the bottom 5% for value, which reflects the neighbourhood’s overall price point more than the home itself.
The land area is typical for the street and neighbourhood—close to 3,000 square feet—but significantly smaller than the citywide average of 6,570 square feet. This is common for older, more central neighbourhoods.
Who it suits: Buyers looking for a reasonably priced home with generous interior space in a central, established neighbourhood. The year built (1912) means it likely has older construction details—higher ceilings, solid framing, but also potential for outdated systems or layouts. It’s not for someone seeking a large yard or a move-in-ready modern build. It would work well for a buyer comfortable with some updates, or someone who values square footage over lot size.
Frequently Asked Questions
1. How does the size compare to other homes in William Whyte?
It’s above average. With 1,464 square feet, it ranks in the top 18% of homes in the neighbourhood. The average home there is about 1,158 square feet.
2. Why is the assessed value lower than the street average but higher than the neighbourhood average?
The street itself (Burrows Avenue) has a mix of older and newer homes, some likely renovated or larger. The street average of $227,300 pulls up the comparison. The neighbourhood average of $149,100 is lower, partly because William Whyte includes smaller or less updated properties. This home falls in between—solid for the neighbourhood, but not the most expensive on the street.
3. The home was built in 1912. What should I know about that?
Older homes often have better materials (old-growth lumber, thicker walls) but may need electrical, plumbing, or insulation updates. Citywide, the average year built is 1966, so this is an older home by Winnipeg standards. On the street, the average is 1944, so it’s not unusual for the area. It’s worth budgeting for a thorough inspection, especially for the foundation, roof, and windows.
4. How does the lot size affect usability?
At 3,003 square feet, the lot is standard for the street and neighbourhood, but small by city standards. You won’t have a large backyard for gardening or expansion, but it’s typical for a central, older urban lot. If outdoor space matters, check the actual layout—some older lots have deeper or wider configurations not captured by total area alone.
5. Is this a good investment for the area?
The assessed value is below the street average but above the neighbourhood average, and it’s low citywide. That could mean there’s room for appreciation if the area improves, but it also reflects current demand. The strong living area rank relative to value is a positive—you’re getting more interior space per dollar than many nearby homes. Long-term value will depend on the condition of the home and any upgrades you make.