Property Overview
This one-and-a-half storey home on Aberdeen Avenue, built in 1913, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its generous living space relative to the area and its recent sale at a price point accessible to first-time buyers or investors. The lot size is typical for the street, and the home's assessed value is modest. It's important to note the basement exists but is unrenovated, and there is no garage or pool.
The home would suit a buyer comfortable with a property of this vintage, likely anticipating updates over time. Its above-average interior square footage for both the street and neighbourhood makes it stand out among similar-era homes, offering more room than many comparables. A thoughtful perspective is that while the city-wide assessed value is low, this reflects the home's specific market and can represent a lower property tax burden. The buyer is likely someone prioritizing interior space and lot location over modern finishes, viewing the unrenovated basement as a blank canvas rather than a drawback.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home offers 1,286 sqft of living space, which is significantly above the average for both Aberdeen Avenue (1,025 sqft avg.) and the broader Burrows Central neighbourhood (962 sqft avg.).
2. What should I know about the year it was built?
Built in 1913, the home is older than the city-wide average. On its own street and in the immediate neighbourhood, however, its age is quite typical. Buyers should budget for maintenance and updates consistent with a home of this era.
3. Is the lot size a pro or a con?
At just under 3,000 sqft, the lot is very typical for Aberdeen Avenue and slightly below average for the neighbourhood. It provides standard outdoor space for the area but is not a large or oversized property.
4. The assessed value seems low. Why is that?
The assessed value of $19,100 is in line with similar homes on the street and in Burrows Central. The "below average" city-wide ranking reflects the much higher assessed values in newer or different market segments across Winnipeg, not an anomaly for this property.
5. What does the recent sale price tell me?
The home sold for $220,000 in April 2024. This price was above average for similar properties on the same street and in the neighbourhood, suggesting the market valued its specific characteristics, like the larger living area, positively at that time.