Property Overview & Appeal
This two-storey home at 726 Burrows Avenue stands out in Winnipeg's William Whyte neighbourhood as a modern offering in an area of predominantly century-old houses. Built in 2021, it is newer than 98% of homes in the city, meaning it comes with the appeal of modern construction standards, minimal immediate maintenance, and contemporary layouts. The 1,340 sqft living space is above average for the immediate area, and the home sits on a sizable 2,463 sqft lot. A key feature is the renovated basement, adding valuable finished space.
Its primary appeal lies in being a turn-key, modern property in an established neighbourhood at a relatively accessible price point, as reflected in its assessed value. It would suit first-time buyers seeking a move-in-ready home without the risks of an older property, or investors looking for a newer build with potentially lower upkeep costs. A thoughtful perspective is that this property offers a balance of new-home comforts while still being part of a long-standing community fabric, which can be rare to find within certain budgets.
Frequently Asked Questions
1. How does the assessed value compare to the sale price?
The home was last sold in March 2022 for $33,300. The current assessed value is $32,400, indicating relative stability in its market valuation over the last few years.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the finish quality, legal compliance, and room types should be verified with the seller or a viewing. It signifies added liveable space beyond the main square footage.
3. How does this home compare to others in the area?
The data shows it is a clear outlier in age, being one of the newest homes in the entire neighbourhood. Its living area is larger than about 73% of nearby homes, and its assessed value is higher than 98% of properties in William Whyte, reflecting its modern build and condition.
4. Is there parking or a garage?
The listing specifies there is no garage. Buyers should inquire about on-site parking options, such as a driveway or pad, and review any street parking regulations.
5. What is the neighbourhood like?
William Whyte is a mature, central neighbourhood. The listing provides context by comparing this property to several nearby and similar-valued homes in various areas, suggesting a range of property types and values in the broader vicinity. Due diligence on the specific block and community amenities is recommended.