Property Overview: 137 Burrows Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 137 Burrows Avenue in North Point Douglas presents a distinct profile defined by its historical roots and its context within the local market. Built in 1907, it is a character property that offers more interior space than many on its street, with 1,280 sqft of living area ranking in the top 22% for Burrows Avenue. Its assessed value of $157k is broadly in line with the North Point Douglas area average, yet it stands out as a notably affordable entry point city-wide, where average assessed values are significantly higher.
The appeal lies in this combination of above-average interior space for the immediate locale at a below-average city price. It suits practical, value-oriented buyers—such as first-time homeowners, investors, or those seeking a lower-cost footprint in the city—who are comfortable with an older home and a smaller, more manageable lot (2,275 sqft). A thoughtful perspective is that this property represents the existing fabric of a historic neighbourhood; it’s not a blank slate but a piece of Winnipeg’s residential history, potentially offering charm and solidity that newer builds may not. Its last known sale was between $100k-$150k in March 2017.
Section 2: Frequently Asked Questions
1. How does the home’s age affect potential ownership?
Constructed in 1907, the home is 119 years old. This suggests potential for classic architectural details but also means buyers should prioritize inspections for foundational integrity, wiring, plumbing, and insulation to understand any needed updates or maintenance.
2. Is the lot size a limitation?
At 2,275 sqft, the lot is smaller than most in the area and city. This limits extensive outdoor additions like a large garage or deck but also means less yard maintenance, which could be a benefit for those seeking a low-maintenance property.
3. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property’s characteristics and the local market in North Point Douglas. While it’s around the neighbourhood average, it falls well below the city average, reflecting the area’s more affordable pricing relative to other Winnipeg neighbourhoods.
4. What can the 2017 sale price tell me?
The prior sale in the $100k-$150k range provides a historical benchmark. Market conditions have likely changed since then, but it indicates a history of being an affordable property. For the most accurate and recent sale history, you can request exact figures via email from the site.
5. Who are the most likely buyers for this property?
This home is best suited for buyers prioritizing interior space and affordability over a large yard or a newer build. It could appeal to an investor looking for a rental property, a first-time buyer comfortable with a renovation project, or someone seeking a modest, character-filled home in a central location without a high price tag.