Property Overview: 939 Burrows Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1913, presents a classic Winnipeg character property with practical fundamentals. Its key features include a 950 sqft living area, a full (unrenovated) basement, and a detached garage on a 3,005 sqft lot. The home recently sold for $20,200, closely aligning with its assessed value.
The appeal lies in its position as a straightforward, no-frills entry point into the Burrows Central neighbourhood. The lot size is notably above average for the immediate area, offering valuable outdoor space and potential. It suits first-time buyers, investors, or renovators looking for a property with solid "bones" and land value, without the premium of a modernized interior. A thoughtful perspective is that while the living space is compact, the above-average lot provides a rare opportunity for expansion, gardening, or simply more breathing room than is typical for the price point in this locale.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style where the second floor is smaller than the main floor, often with sloped ceilings in the upper rooms, providing a cozy, character-filled space.
2. How does the assessed value compare to the sale price?
The sale price of $20,200 was very close to the last assessed value of $18,100, suggesting the sale was seen as fair market value based on its official valuation.
3. Is the lot size a significant feature?
Yes. At 3,005 sqft, the lot ranks in the top half for size on its street and in Burrows Central. This is a key asset, as land is often the most appreciating component, offering more utility and future potential than many neighbouring properties.
4. What should I know about the "unrenovated basement"?
This indicates the basement is functional but in original or dated condition. It offers usable space for storage or utilities but will likely require updates for modern living standards or finishing.
5. How does this home fit within the neighbourhood context?
The home is very typical for Burrows Central in terms of age, size, and value. It’s not an outlier but a representative property, which can be an advantage for maintaining stable value and understanding comparable future investments.