351 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a notably spacious home in Winnipeg’s William Whyte neighbourhood, with a living area of 1,958 square feet. That places it in the top 3% on Aberdeen Avenue and top 5% in the area—well above the local averages. The land is also generous: a 4,144-square-foot lot, topping 88% of homes on the same street and 92% in the neighbourhood.
Its appeal lies in the combination of interior space and lot size at a relatively low assessed value ($140,000). While the home is older (built in 1905) and the assessed value sits below citywide medians, the rankings suggest you’re getting significantly more square footage and land than most nearby properties for a lower price tag. That could make sense for buyers who prioritize space over a newer build, or who are willing to invest in updates on a solid, large lot.
This property would suit someone looking for an older home with character and room to spread out—perhaps a growing family, a renovator, or a buyer who wants a deep lot in an established neighbourhood without paying a premium for a newer house. The low assessed value relative to size also hints at potential value-add opportunities, though that should be verified in person.
Five Frequently Asked Questions
1. How does the assessed value compare to similar-sized homes in Winnipeg?
The assessed value here ($140,000) is well below the citywide average for comparable homes ($390,100) and ranks in the bottom 2% citywide. However, on the street and in the neighbourhood, it’s close to average, meaning the home is priced modestly relative to its immediate surroundings, not just the broader city.
2. Is the year built (1905) a concern for maintenance or insurance?
It is older than 91% of homes on Aberdeen Avenue and 98% citywide. Older homes can mean higher heating costs, potential for outdated wiring or plumbing, and sometimes higher insurance premiums. That said, many older homes in this area have been updated over the years—so a home inspection is key to understanding the actual condition.
3. How does the land size affect yard use or future potential?
At 4,144 square feet, the lot is about 27% larger than the street average (3,265 sqft) and 26% larger than the neighbourhood average (3,277 sqft). That extra space could accommodate a large garden, a workshop, a garage addition, or even a infill suite (subject to zoning). It’s worth checking local bylaws if you have development plans.
4. What does “Top 12%” for living area citywide mean in practical terms?
It means this home has more interior square footage than 88% of comparable homes across Winnipeg. Many city homes in similar price ranges are significantly smaller—often under 1,400 square feet. So if space is a priority, this property stands out, especially within its price bracket.
5. How does this property compare to others in the William Whyte neighbourhood?
It ranks in the top 5% for living area and top 8% for land area in the neighbourhood. However, it’s older than 75% of local homes and its assessed value sits near the neighbourhood average. In short, you get more space on a larger lot for a similar price to many smaller, newer homes nearby.