312 Aberdeen Avenue – Property Summary

Key Characteristics & Target Buyers

This is a 973 sqft home built in 1907 on a 3,000 sqft lot, located in Winnipeg’s William Whyte neighbourhood. The assessed value is $103,000.

Where the property stands: On its own street, the home is around average for living area and lot size, but both the year built and assessed value fall below the street median. At the neighbourhood level, it sits roughly in the middle of the pack across all four metrics. Citywide, however, the home ranks in the bottom quartile for living area, the bottom 11% for lot size, and the bottom 1% for assessed value—a reflection of how much smaller and older this property is relative to Winnipeg’s overall housing stock.

What this means: The numbers tell a story of a modest, older home in an area where prices and sizes are already below city averages. This isn’t a property that will appeal to someone looking for a “deal” based on square footage or lot size alone. Rather, its appeal lies in something the raw data doesn’t capture: the potential for incremental renovation in an established, lower-cost urban neighbourhood. For a buyer who values proximity to the inner city, the ability to improve a home over time, or a lower entry point into homeownership, this property makes more sense than the rankings suggest.

Who it suits best: First-time buyers priced out of newer or larger homes elsewhere. Renovators looking for a solid older structure in a neighbourhood where they can add value gradually. Buyers who prioritize location and community over polished finishes or turnkey convenience. Less suited to those seeking instant resale value, a large yard, or a home that doesn’t require work.

Frequently Asked Questions

1. Why is the assessed value so low compared to the city average?
The $103,000 assessment reflects the home’s age (1907), modest living area, and the current market in William Whyte. Citywide, the average assessed value of comparable homes is $390,100—but "comparable" in this dataset means homes of similar type and size, not similar condition or neighbourhood. Much of the city’s housing stock is newer, larger, and in higher-demand areas. Within the immediate neighbourhood, the property is below average but not an extreme outlier.

2. What does “Top 52%” on the street actually mean for living area?
It means the home is slightly larger than half the homes on Aberdeen Avenue. The average living area on the street is 1,025 sqft, so this property is within a few dozen square feet of the median. In practical terms, the size is typical for the block—not unusually small or large.

3. Is the 1907 build date a concern?
It depends on maintenance history. Homes of this age in Winnipeg often have good bones (solid wood framing, brick or stone foundations) but may need updated electrical, plumbing, insulation, and windows. The ranking shows it’s older than 79% of homes on the street and 96% of homes citywide, so a thorough inspection is wise. The age also means the home predates many modern building codes—both a potential drawback and, for some, a point of character.

4. How does the lot size affect usability?
At 3,000 sqft, the lot is slightly smaller than the street average (3,265 sqft) and well below the citywide average (6,570 sqft). It’s a typical inner-city lot: enough for a small yard, garden, or patio, but not for a large garage or extensive outdoor space. Buyers expecting a suburban-sized lot should look elsewhere.

5. What does “rank by land area, larger = better rank” mean in the data?
The ranking system works like a percentile: a higher rank means you outperform more properties. For land area, “better” means a larger lot. So a top 10% rank would mean the lot is bigger than 90% of comparable homes. In this case, the property ranks around the middle on its street (49th percentile) and near the bottom citywide (11th percentile), because citywide lots include many newer suburban properties with much larger yards.