260 Aikins Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1910-built home with 1,124 sqft of living space and a 3,265 sqft lot, located on Aikins Street in Winnipeg’s William Whyte neighbourhood. The property sits close to local averages in both living area and lot size, but stands out for its very low assessed value—well below the norm at every geographic level. On its own street, it ranks near the bottom in assessed value (123 out of 126), and citywide it falls in the bottom 1% compared to other properties. This suggests the home is priced for its condition, location, or both, rather than for its square footage or land.
The appeal here is largely financial. For a buyer looking to enter the market with a relatively low tax burden—or for someone willing to invest in renovations—this property offers a footprint that is typical for the area at a much lower entry point. The home is older, but not unusually so for the neighbourhood (built 1910 vs. area average of 1927). It would particularly suit first-time buyers with renovation skills, buy-and-hold investors focused on low acquisition costs, or anyone prioritizing affordability over turnkey condition.
Frequently Asked Questions
1. Why is the assessed value so low compared to other homes on the same street?
The assessed value likely reflects the home’s current condition, size relative to newer or updated neighbours, and possibly the lot’s layout or location within the street. It isn't a measure of market price, but it does mean property taxes are proportionally lower. This can be an advantage for cash-flow-focused buyers.
2. How does the living space compare to other homes in William Whyte?
At 1,124 sqft, it's very close to the neighbourhood average of 1,158 sqft. It ranks in the top 45% locally, so it’s not unusually small or large for the area. The space is typical for a pre-war home in this part of Winnipeg.
3. Is a house built in 1910 likely to have higher maintenance costs?
Generally, yes. Older homes often have older systems (electrical, plumbing, insulation) and may need upgrades sooner. That said, the neighbourhood average build year is 1927, so many surrounding homes are in a similar age range. The key is to budget for inspections and potential retrofits, not to assume the age alone is a dealbreaker.
4. What type of buyer would this property not suit?
It’s probably not ideal for someone wanting a move-in-ready home with modern finishes, or for a buyer who needs a large lot or garage space. The lot is 3,265 sqft—close to the community average but below the citywide norm. If you’re looking for a newer build or a property with high resale polish, this likely isn’t the right fit.
5. How do I get a better sense of the property’s condition before viewing?
The ranking data gives a useful starting point, but it doesn’t replace an in-person walkthrough. Consider the age and low assessment as signals to request a detailed home inspection. You can also use the “周边地圖分析” tool mentioned on the listing page to compare this home’s stats against nearby houses on a map, which helps visualise what’s typical and what stands out.