Property Overview: 860 Aberdeen Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1914, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its efficient use of space and its position as a value-oriented entry point into the market. With a living area of 1,197 sqft, the home offers above-average interior space for its immediate area and street, providing more room than many neighbouring properties. It sits on a modest 2,276 sqft lot, which is below average for the city but typical for the locale, suggesting lower maintenance demands.
The home suits first-time buyers, practical investors, or those seeking a straightforward, no-frills property. Its assessed value is significantly below the Winnipeg average, indicating a lower property tax burden and an accessible price point. A thoughtful perspective is that its older vintage (1914) is actually around the norm for Aberdeen Avenue, meaning it fits the established character of the street rather than standing out as an anomaly. The detached garage adds functional value. It's important to note the basement exists but is unrenovated, representing potential for future expansion or storage, but not immediate finished space.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is below the city-wide average, it is typical for the Burrows Central area and Aberdeen Avenue itself. This often translates to less yard upkeep, which can be a practical benefit for buyers seeking a low-maintenance property.
2. How does the 1914 build year affect the home?
The age is very standard for this street and neighbourhood. Buyers should anticipate the potential for older-home maintenance needs, but also the character and construction materials of that era. A pre-purchase inspection is highly recommended.
3. The home last sold for $14.5k in 2017, but is now assessed at $160k. Why the large difference?
The 2017 sale price is exceptionally low and not reflective of typical market value; it may have been a non-arms-length transaction or sale of land value only. The current assessed value ($160k) is a municipal valuation for tax purposes and is a more relevant baseline, though market value can differ.
4. What does "above average living area for the area" actually mean?
It means that, compared to similar homes on Aberdeen Avenue and in Burrows Central, this house has more interior square footage (1,197 sqft) than most. You are getting more house space relative to other properties in the immediate vicinity.
5. Who would this property not suit?
It may not suit buyers looking for a modern, turn-key home with a renovated basement, or those desiring a large private yard. Its value proposition is rooted in space efficiency and location affordability rather than luxury finishes or extensive outdoor space.