526 Burrows Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a newer home—built in 2016—on a modest lot in the William Whyte neighbourhood. The living area (969 sqft) is slightly smaller than the street and neighbourhood averages, and well below the citywide norm. What stands out is the assessed value: at $262k, it’s above the street average and significantly higher than the neighbourhood median ($149k), placing it in the top 5% locally. That reflects the home’s recent construction and likely modern finishes, not the land itself—the lot is below average in size for all three scopes.

The appeal here is for buyers who prioritise a newer-build, low-maintenance home in an area where much of the housing stock dates from the 1920s–1940s. You’re paying for the structure and efficiency of a nearly new house, not for a large yard or a prime citywide location. It would suit first-time buyers or investors looking for a turnkey property in a neighbourhood where newer inventory is scarce, and where assessed values for comparable newer homes have already separated from the older stock.

Frequently Asked Questions

1. How does this property’s assessed value compare to others in William Whyte?
It’s well above average. The neighbourhood median is roughly $149k, while this home is assessed at $262k—ranking in the top 5% locally. That’s driven by its 2016 construction, not by lot size.

2. Why is the living area considered “below average” citywide?
Citywide, the average living area for comparable homes is 1,342 sqft. At 969 sqft, this property is about 28% smaller. It’s more typical for a starter home or a compact single-family design built within the last decade.

3. Is the small land area a concern?
It could be if you want a large garden, workshop space, or room to expand. The lot is 2,727 sqft—below the street, neighbourhood, and city medians. It’s typical for an infill or small-lot development, where the land value is secondary to the house itself.

4. How does a 2016 build compare to the rest of the street?
Very favourably. The average year built on Burrows Avenue is 1944, and this home is ranked #16 out of 682 properties—putting it in the top 2% for newness. That translates to fewer immediate maintenance issues and better energy efficiency than most neighbours.

5. What kind of buyer would get the most value here?
Someone who wants a move-in-ready home without renovation work, in a neighbourhood where older fixer-uppers dominate. It’s less suited for buyers who place a premium on a large lot, citywide location prestige, or historic character.