Property Overview: 1048 Aberdeen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Aberdeen Avenue presents a practical and well-positioned opportunity in the Burrows Central neighbourhood. Built in 1952, it is notably newer than many homes on its street and in the immediate area, which often translates to fewer concerns over extremely aged infrastructure. The home features a renovated basement and a detached garage, sitting on a standard 3,005 sqft lot. With just over 1,000 sqft of living space, it offers a manageable footprint for smaller households.
Its primary appeal lies in its strong value positioning within its local context. The home's assessed value ranks above average for both the street and the neighbourhood, yet its last sale price was below the city-wide average. This suggests a property that is well-regarded in its own community while remaining an accessible entry point into the Winnipeg market. The renovated basement adds immediate functional space without the need for a project.
This property would suit first-time buyers or downsizers looking for a home that is move-in ready on a practical scale, without the premium of a newer suburban build. It’s a sensible choice for someone whose priority is financial accessibility and a stable position within a established neighbourhood, rather than maximum square footage or a brand-new home.
Frequently Asked Questions
1. How does the lot size compare?
At 3,005 sqft, the lot is very typical for Aberdeen Avenue and the Burrows Central area, but is below the city-wide average. This means yard space is consistent with neighbouring properties but more compact than in many newer suburbs.
2. What does "above average" assessed value for the street indicate?
It suggests the city assesses this property as being of higher value than most on its block. This can reflect the home's condition, the renovated basement, and its newer build date relative to neighbours. It's a sign of solid standing in its immediate locale.
3. Is the living space small?
At 1,032 sqft, it is around the average for similar homes in the area. It is, however, below the Winnipeg average, indicating a cozier, more efficient layout suited to smaller households.
4. What is the significance of the home being built in 1952?
In this context, a 1952 build date is a relative advantage. It ranks in the top 20% newest homes on Aberdeen Avenue, where many homes are from the 1930s or earlier. This can imply updated building materials and systems compared to much of the surrounding housing stock.
5. Who might this home not suit?
Buyers seeking a large lot, extensive square footage, or a home that significantly outpaces city-wide averages for size and value may find it limited. It is best viewed as a strong contender within its specific and more affordable neighbourhood context.