Property Overview: 859 Burrows Avenue
Key Characteristics & Appeal
This is a classic one-storey home built in 1914, situated on a standard 3,005 sqft lot in the Burrows Central neighbourhood. Its key characteristics include a detached garage and an unrenovated basement. The living space is notably compact at 610 sqft, placing it well below average for the area, which suggests a simple, efficient layout.
The primary appeal lies in its position as an affordable entry point into the Winnipeg market. With a relatively low assessed value and a recent sale price of $180k, it represents a land-value opportunity with a liveable structure. It suits practical, budget-conscious buyers such as first-time homeowners comfortable with a smaller footprint, or investors looking for a straightforward rental property. A less obvious perspective is its potential for someone seeking to minimize living costs and complexity, as the modest size translates to lower utility bills and maintenance. The lot size is typical for the street, offering standard outdoor space without the burden of a large yard.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 610 sqft, the living area is significantly smaller than most homes on the street and in the wider city. It’s among the more compact properties in the area, indicating a simple, no-frills layout.
2. What does the "unrenovated basement" imply?
It means the basement is in a functional, as-is condition. It provides extra storage or utility space but has not been modernized or finished into a living area. Buyers should budget for any desired upgrades.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value for municipal taxes is $15.3k, but the home sold for $180k in 2021. Assessment values are typically much lower than market sale prices and are used for tax calculation, not market valuation.
4. What is the neighbourhood context for this property?
For Burrows Central, the home’s lot size, year built, and assessed value are all around the neighbourhood average. This suggests it fits the local norm, though its living area is smaller than most neighbouring homes.
5. Who might this property not suit?
It may not suit buyers needing multiple bedrooms, dedicated workspace, or ample indoor living area. The compact size and unrenovated basement mean limited room for expansion without a significant investment.