Property Overview: 153 Burrows Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinctive profile defined by significant contrasts. Its most compelling feature is its generous living space. At 2,212 sqft, it ranks in the top 1% of homes on its street and the top 6% both in the North Point Douglas area and city-wide, offering substantially more room than typical comparables.
The appeal lies in this unique value proposition: the opportunity to acquire a very large home at a relatively low assessed value. While its 1905 build date means it is one of the older homes in the city, this also suggests potential for character and architectural details not found in newer builds. The lot size is manageable at just over 3,000 sqft, offering outdoor space without excessive maintenance.
This property would best suit a specific type of buyer: value-driven purchasers who prioritize interior square footage over a modern build date or a premium lot. It’s a practical fit for large families, multi-generational households, or investors looking for a rooming house potential, provided they are prepared for the upkeep and potential renovations common with a century-old home. It represents a pragmatic choice in the central North Point Douglas neighbourhood, focusing on space and function within a budget.
Section 2: Frequently Asked Questions
1. Why is the assessed value relatively low compared to the home's size?
The assessed value is influenced by multiple factors, including the home's age (1905), its location, and the overall condition and features as evaluated for tax purposes. The data shows its value is below the street and city-wide averages, which can indicate a value opportunity but also suggests buyers should budget for potential updates.
2. What does the 1905 build date mean for maintenance?
As a 121-year-old home, it is among the oldest on the street and in Winnipeg. Prospective buyers should prioritize a thorough inspection to understand the condition of foundational elements, plumbing, electrical systems, and the roof. While this age brings character, it typically requires a proactive maintenance mindset and potentially more significant updates.
3. How does the lot size compare, and what does that mean?
At 3,094 sqft, the lot is slightly below average for the street and area. This means the yard space is modest but manageable—a point to consider if extensive outdoor living or expansion is a priority. The focus of this property is clearly on the interior living space.
4. The home sold between $150k-$200k in late 2022. What does that indicate?
This recent sale price range aligns with the current lower assessed value and suggests the market has historically valued this home below average for the city. It provides a recent benchmark, but market conditions may have shifted. For the most accurate and verified sale history, you can request exact figures from the site.
5. Is the large living area spread over multiple floors?
The provided data confirms the total living area but does not specify the layout or number of storeys. Given the home's age and total square footage, it is very likely a two-storey or more design. Viewing the property or requesting a floor plan is essential to understand the room configuration and flow.