Here is a clean, standalone summary of the property at 286 Aikins Street, written for direct webpage display.
Key Characteristics & Buyer Profile
This is a 1,340 sqft home with 3,067 sqft of land, built in 1905, located in the William Whyte neighbourhood. Its primary appeal lies in its generous living area relative to its price and location. The home ranks in the top 27% for living space within the neighbourhood and top 23% on its own street, offering more interior room than many nearby comparables.
The assessed value is notably low — $148,000 — sitting well below both the street average ($200,700) and the citywide average ($390,100). While the home is older (below average for the area and city), the value is centred in the livable square footage rather than a recent build or high land price. The lot size is close to the neighbourhood average, which is plausible for a denser, older urban area.
This property would suit a buyer who prioritises interior space over a modern finish or a large yard. It is a strong fit for someone looking for a fixer-upper or a home with good bones in a more established, modestly priced part of the city. The low assessed value and average lot suggest there is potential for equity growth through renovation, though the older age should prompt a thorough inspection. It is less suited to buyers seeking a move-in-ready home or a large property for redevelopment.
Five Possible FAQs
1. Why is the assessed value so much lower than the street average?
The home's assessment of $148,000 is significantly below the street average of $200,700. This may reflect factors like the home's age (built in 1905), deferred maintenance, or a lower-than-average finish quality compared to other homes on Aikins Street. It is not necessarily a red flag, but it implies the property may need investment to reach its full market value.
2. How does the lot size compare to other homes in the city?
The lot is 3,067 sqft, which is about average for the street and neighbourhood but well below the citywide average (6,570 sqft). That is common for older, centrally located neighbourhoods where lots tend to be smaller and more compact. It means less yard maintenance but also less space for expansion or parking.
3. Is the home in a risky or desirable part of Winnipeg?
The home is in William Whyte, which has lower overall property values compared to many other Winnipeg neighbourhoods. The ranking data shows the home sits in a pocket where assessed values are near average for the area (ranked 42%), meaning the neighbourhood itself is not uniformly high- or low-value. It would be wise to look at recent sales, crime statistics, and local amenities before making a decision.
4. What does the "ranked #29 out of 126" mean for living area?
It means that compared to other homes on Aikins Street, this home has more living space than about 77% of them. The higher the ranking for living area, the better the value for someone who needs room. Living area is measured here as 1,340 sqft, which is noticeably above the street average (1,106 sqft).
5. Should I be concerned that the home is older than most on the street?
The home was built in 1905, which is older than about 87% of homes on Aikins Street and 98% of homes in Winnipeg. Older homes often have solid construction but may also come with outdated electrical, plumbing, or insulation. A thorough home inspection—especially of the foundation, roof, and mechanical systems—is strongly recommended before purchase.