Property Overview: 791 Burrows Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1909, presents a classic Winnipeg character home on a standard city lot in Burrows Central. Its key appeal lies in its practical balance of space and value. With 1,207 sqft of living area, the home offers above-average interior space for both its immediate street and the broader neighbourhood, making it a notably roomier option compared to many nearby properties. It features a detached garage and a basement that is present but not renovated.
The property’s assessed value is significantly below average at every comparison level—street, neighbourhood, and citywide. This positions it as an accessible entry point into the market, potentially appealing to first-time buyers, investors, or those seeking a lower-cost property with space to personalize. The lot size is typical for the area, offering standard outdoor space without extensive maintenance demands.
A thoughtful perspective for buyers is the home’s age. While it ranks as older than most, this also means it possesses the sturdy construction and character of its era, but it necessitates a practical focus on maintenance, potential updates, and systems (like plumbing and electrical) that may be due for modernization. This property suits a buyer who values interior space over a modern, turn-key condition and is prepared for a home that may require thoughtful investment over time.
Frequently Asked Questions
1. What does "below average" assessed value indicate?
It means the city's assessment for this property is lower than most comparable homes. This often results in a relatively lower property tax bill, but the sale price is determined by the market, not the assessment.
2. The basement is noted as "not renovated." What should I consider?
This typically means the basement is in original or utilitarian condition. It provides valuable storage or mechanical space but will likely require significant work if you wish to develop it into finished living area. An inspection is crucial to check for moisture, foundation integrity, and the condition of major systems like the furnace.
3. How does the living area compare to nearby homes?
At 1,207 sqft, this home is notably larger than many in Burrows Central, where comparable homes average about 962 sqft. You are gaining more interior space than is common for the area.
4. What are the implications of the 1909 build date?
Homes of this age have character and solid bones but require diligent evaluation. Key considerations include the age and material of wiring and plumbing, the state of the foundation, window efficiency, and potential for historical materials like plaster and lathe. Budgeting for updates and maintenance is essential.
5. Who would this property suit best?
It is well-suited for a first-time buyer or practical investor comfortable with a home that needs updates. It offers more room inside than many alternatives at a lower entry point, ideal for someone with a vision to gradually improve the property over time. It is less suited for someone seeking a modern, maintenance-free home.