Property Overview: 980 Aberdeen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Burrows Central presents a compelling opportunity centered on its generous land and recent updates. Built in 1948, its key appeal lies in its above-average, 4,553 sqft lot—placing it in the top 5% for land size on Aberdeen Avenue. The living space (1,262 sqft) is also notably larger than many comparable homes in the immediate area. A significant feature is the renovated basement, adding modernized living space. The home is complemented by a detached garage.
Its strengths are relative and location-specific. While the assessed value is modest citywide, it ranks well above average for the street and neighbourhood, suggesting a solid standing in its local market. The appeal is for a practical buyer: someone looking for a house with ample outdoor space and move-in-ready updates in a mature neighbourhood, without the premium of a newer or centrally assessed home. It would suit a first-time homeowner, an investor, or a downsizer seeking a manageable property with room to garden or expand, who values lot size over a brand-new build.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but the specific scope (e.g., finished living area, updated utilities, legal suite) is not detailed. A viewing or inquiry with the listing agent is necessary to understand the full extent and quality of the renovations.
2. How does the sale history affect the value?
The home sold recently in June 2022 for $32,500. This recent transaction provides a clear, concrete benchmark for its market value, which can be more reliable than assessed value alone when considering an offer.
3. The assessed value seems low. Is this a concern?
The assessed value is typical for this specific neighbourhood and street, where it actually ranks in the top 8%. It reflects municipal valuation for tax purposes, not necessarily market price. The 2022 sale price is a more direct indicator of its market value.
4. What are the implications of such a large lot?
The lot size is a standout feature. It offers potential for outdoor living, gardening, or future expansion (like a shed or addition), subject to local zoning bylaws. It also means the property value is likely weighted more toward the land itself.
5. How does the age of the home (1948) factor in?
While 78 years old, the home is newer than many on its street and in Burrows Central. This can suggest potentially fewer issues with very old infrastructure, but a thorough inspection is always recommended to assess the condition of the roof, wiring, plumbing, and foundation.