321 Burrows Avenue — Property Summary

Key Characteristics & Buyer Profile

This is a 1,284 sqft home built in 1901, sitting on a 3,266 sqft lot in the William Whyte neighbourhood of Winnipeg. Its main appeal lies in the living space. The home is bigger than most on the street (top 22%) and in the surrounding area (top 30%), while the assessed value reflects a similar trend locally. At $190,000, it's priced above the neighbourhood average of $149,100, but well below the citywide average of $390,100. The lot is average for the street and neighbourhood, but small by city standards.

The year built (1901) is a genuine trade-off. It means the property is among the oldest on the street and in the city. For a buyer, that likely means older construction, potential maintenance history, and possibly fewer modern updates than a newer home—but also character, established neighbourhood, and often larger rooms than newer builds.

This home suits a buyer who values interior space over a big yard, is comfortable with an older home's quirks and upkeep, and wants to stay within a relatively modest budget compared to citywide prices. It may also appeal to someone who sees opportunity for incremental improvements in a neighbourhood where property values are already above the local average. It's not for someone seeking a turnkey modern home or a large lot.

Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The property is assessed at $190,000. This is above the neighbourhood average of $149,100, but below the street average of $227,300. Citywide, it's far below the average of $390,100. So you're paying a premium for the larger living space within the neighbourhood, but getting relative value compared to the city as a whole.

2. Is the lot size a limitation?
At 3,266 sqft, the lot is average for both the street and neighbourhood, but well below the citywide average of 6,570 sqft. If you want a large garden, space for additions, or a detached garage, you may find it tight. For someone focused on the house itself, the lot is functional but not generous.

3. What should I expect from a home built in 1901?
Expect older construction methods, possibly limited insulation, and systems that may need updating. The home is older than 99% of properties citywide. That said, many pre-war homes in Winnipeg have solid bones, good layouts, and larger rooms. A thorough home inspection is important, especially for foundation, wiring, plumbing, and roofing.

4. How does the living area compare within the neighbourhood?
The home is 1,284 sqft, which is larger than 70% of comparable homes in William Whyte (neighbourhood average is 1,158 sqft). On the street itself, it ranks in the top 22%. So if interior space is a priority, this property stands out locally.

5. Is the neighbourhood a good investment?
The assessed value ranking (top 21% in the neighbourhood) suggests this home is already valued above many nearby properties. The neighbourhood itself is mixed in terms of age and condition. Buyers looking for long-term appreciation should consider whether planned improvements, infrastructure, or demographic trends support rising values here. It's worth driving through at different times of day and talking to a local real estate agent about recent sales trends in William Whyte.