734 Burrows Avenue
Property Overview
This is a relatively new home in Winnipeg’s William Whyte neighbourhood, built in 2018—placing it among the newest 2% of properties on its street and in the area, and in the top 4% citywide. The living area is 1,350 square feet, which is above average for the street and neighbourhood but roughly in line with the citywide average for comparable homes. The assessed value of $281,000 sits well above the neighbourhood average of $149,100 (top 3% locally) but below the citywide average of $390,100, suggesting the property offers strong relative value within its immediate area. Land is on the smaller side: 2,463 square feet, which ranks in the bottom 16% on the street and bottom 9% in the neighbourhood.
The appeal here is straightforward: you get a modern home—only a few years old—in an older, more established part of the city, without paying a premium for a large lot you may not need. It would suit buyers who prioritize a newer, move-in-ready interior and efficient space over a big yard. It may also appeal to someone looking for value in a neighbourhood where older, smaller homes dominate the market, or an investor interested in a property that already stands out for its age and condition relative to its surroundings.
Frequently Asked Questions
1. How does the land size compare to similar homes in the area?
The lot is below average for the street, neighbourhood, and city. Most comparable homes in William Whyte sit on plots around 3,200–3,500 square feet, while this one is just under 2,500. If outdoor space is a priority, this may feel tight; if you prefer a smaller lot with less upkeep, it could be a good fit.
2. Is the assessed value high for what you get?
At $281,000, it’s significantly higher than the neighbourhood average ($149,100) but lower than the citywide average for comparable homes. That gap reflects how much newer and larger the home is relative to nearby properties. In context, it’s priced like a modern home in an older area—not overvalued, but not a bargain relative to the street either.
3. Why is the neighbourhood average assessed value so much lower?
William Whyte has many older homes, many built before 1950, with smaller living areas and lower assessed values. A 2018 build with 1,350 square feet naturally sits far above that baseline. The property’s assessment reflects its newer construction and better condition, not a mismatch with the market.
4. What kind of buyer would this home work best for?
Someone who wants a newer home without the price tag of a new development, and who doesn’t need a large yard. It also suits buyers who are comfortable in an older, more established neighbourhood where the surrounding homes may not look as modern, but the property itself is up to date.
5. How does the ranking system work for the comparisons shown?
The rankings compare this home to other “comparable” properties—generally single-family homes—on the same street, in the same neighbourhood, and across Winnipeg. A higher rank (lower number) is better for living area, assessed value, and year built. For land area, a larger lot gets a better rank. The bar fill shows roughly what percentage of peers you outperform in each category.