430 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This 2019-built home sits on a 3,266 sqft lot with 971 sqft of living space and an assessed value of $230,000. What stands out most is the combination of a very new build in an older neighborhood. The property ranks in the top 2% on its street and top 4% city-wide for year built—most nearby homes date from the 1920s to 1960s. The assessed value is notably strong relative to the immediate area: it's in the top 18% on Aberdeen Avenue and top 9% within the William Whyte neighborhood, where average assessments sit around $150,000. The land area is about average for the street and neighborhood but well below city-wide norms, which makes sense given Winnipeg's larger suburban lots.
The appeal here is less about square footage or acreage and more about relative value. You're getting a nearly new home in an area where most housing stock is decades older, at a price point that's competitive both locally and city-wide. Living area is modest—slightly below average for the street, and below the city median—so this isn't a house for someone needing expansive rooms or a large footprint.
This property would suit a buyer who values a newer, low-maintenance home in a well-established central Winnipeg neighborhood. It's a good fit for a first-time homeowner, a small family, or someone looking for a turnkey property without the renovation needs typical of older housing stock in the area. It may also appeal to investors or landlords seeking a relatively new asset in a neighborhood where assessed values are rising faster than the city average.
Five Possible FAQs
1. What does "Top 2% on the street" for year built actually mean in practice?
It means only 8 out of 520 comparable homes on Aberdeen Avenue are newer. Most surrounding houses were built in the 1920s–1940s. You're getting modern construction, insulation, and mechanical systems in a neighborhood of century-old homes.
2. Is the assessed value of $230,000 realistic or could it change?
It reflects the city's current valuation relative to comparables. The property is assessed well above the William Whyte average of $149,000, but well below the city-wide average of $390,000. That doesn't predict sale price—it's a tax assessment—but it suggests the home is seen as above-average for its immediate area.
3. How does the 971 sqft living area compare to typical homes in Winnipeg?
It's below the city-wide average of about 1,342 sqft for comparable homes, but close to the street average of 1,025 sqft. If you're used to suburban homes with basements and bonus rooms, this will feel compact. If you're used to older Winnipeg houses of similar era and footprint, it'll feel standard.
4. Why is the land area so small compared to city-wide averages?
Because this is a central, older neighborhood. The city-wide average lot of 6,570 sqft is inflated by newer suburban subdivisions. On Aberdeen Avenue, the average is 3,265 sqft—this lot is essentially identical. You're getting a typical inner-city lot, not a suburban yard.
5. What's the catch with a near-new house in an older area?
The main trade-off is location: you're in William Whyte, which is a denser, more central neighborhood with older infrastructure and less green space than the suburbs. You're also paying a premium relative to neighboring older homes. The benefit is you likely avoid major repairs for a long time—roof, furnace, windows, foundation are all modern.