608 Burrows Avenue, Winnipeg
Key Characteristics & Who It Suits
This is a compact, older home (built 1905) with a living area of 656 sqft—significantly smaller than the average on its street, in its William Whyte neighbourhood, and across Winnipeg. Its assessed value of $148,000 is below the street average but sits right around the neighbourhood average, reflecting the area’s generally modest market.
Its main appeal is affordability. For buyers priced out of larger or more central parts of the city, this property offers an entry point into homeownership. However, the trade-off is clear: the house is among the smallest and oldest in every comparison. Street-level rankings place it in the bottom quartile for living area and land size, and it’s in the bottom 12% city-wide for age. Practically, this means the home will likely need updating—especially mechanicals, insulation, or foundations—and any renovation will need to work within a tight footprint.
This property is best suited for first-time buyers with a realistic budget for repairs, investors looking for a low-cost rental in an established working-class neighbourhood, or someone willing to trade square footage and modern finishes for a lower purchase price and property taxes.
Five Possible FAQs
1. Why is the assessed value so close to the neighbourhood average when the house is so much smaller than most?
Land value plays a big role in assessment. The William Whyte area has many older, small houses on standard lots. So while this home’s structure is below average, the land it sits on likely carries a value comparable to neighbouring properties. The modest size is offset by its location within a consistent local market.
2. Is the “below average” ranking a bad sign for resale?
Not necessarily. In a neighbourhood like William Whyte, “below average” often just means smaller or older—not poorly maintained or undesirable. Many buyers in this price range are looking for something functional rather than upgraded. The real risk is if comparable homes nearby are being renovated and pushing up averages, which could make this property harder to sell without similar work.
3. How do property taxes here compare to a newer home of the same size?
They’re likely lower. Assessed value is the main driver of property taxes, and at $148,000, this home sits well below many newer or larger properties. That said, older homes sometimes carry higher maintenance costs that can offset the tax savings. It’s worth checking the current mill rate and comparing to a newer condo or townhouse in the same price bracket.
4. What would it cost to bring a 1905 home up to modern standards?
That depends heavily on what’s already been done. A 1905 house may have original knob-and-tube wiring, cast-iron plumbing, or asbestos insulation, all of which are expensive to replace. Even a basic reno—rewiring, new plumbing, insulation, drywall, and a kitchen—can run $50,000–$80,000 in Winnipeg. A thorough home inspection before purchase is essential, especially for foundation and roof condition.
5. Is the land size a dealbreaker for gardening or adding on?
At 2,727 sqft, the lot is small by most Winnipeg standards. It’s similar in size to many older infill lots in older neighbourhoods, so it’s fine for a small garden, a shed, or off-street parking. But if you’re hoping for a large backyard, space for a garage, or the ability to add a significant addition, this lot will feel tight. Check the zoning and setback rules with the city before planning any major expansion.