459 Aberdeen Avenue – Property Summary
Key Characteristics & Appeal
This is a modest, older home in Winnipeg’s William Whyte neighbourhood, built in 1907. At 945 square feet of living space on a 2,996-square-foot lot, it’s smaller than most comparable properties on its street, in the area, and across the city. Its assessed value of $126,000 is notably low—ranking in the bottom 1% citywide—which reflects both the home’s size, age, and the character of the neighbourhood.
The appeal here is straightforward: this is a low-cost entry point into homeownership, especially for buyers who are comfortable with a fixer-upper or who want to avoid the higher prices of more central or recently built areas. The home sits on a street where most houses are slightly larger and newer, but the neighbourhood itself is fairly consistent in age and scale. For someone willing to invest sweat equity or accept a smaller footprint, the low purchase price leaves room in the budget for renovations. It’s less suited to buyers looking for move-in-ready homes, larger lots, or strong resale comparables—the numbers here are consistently below average across all four metrics.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes?
The home’s assessed value of $126,000 is significantly lower than the street average ($167,700) and the neighbourhood average ($149,100). Citywide, it ranks among the most affordable properties—roughly in the bottom 1% of all comparable homes. This keeps property taxes low but may also signal deferred maintenance or less desirable location within the city.
2. Is this a good candidate for renovation or expansion?
The lot is on the smaller side (2,996 sq ft), which limits major additions. However, the existing living area is well below the street and neighbourhood averages, so there may be room to increase square footage if zoning allows. Buyers should check local setback and density rules before planning any expansion.
3. Why is the year built (1907) considered “below average” citywide?
Most homes in Winnipeg are newer—the citywide average year built is 1966. In this particular neighbourhood, however, the average is 1927, so the 1907 date is less unusual. Older homes can have charm and solid construction, but they also often require updates to electrical, plumbing, and insulation.
4. How does this property rank within its own street?
On Aberdeen Avenue, this home ranks in the bottom half for living area (top 55%) and assessed value (top 69%), and in the bottom quarter for lot size (top 91%) and year built (top 79%). That means most homes on the same street are larger, worth more, and sit on bigger lots—the property is a relative outlier within its immediate context.
5. What neighbourhood dynamics should a buyer consider?
William Whyte is an older, inner-city neighbourhood with a mix of rental and owner-occupied housing. The area has seen some reinvestment but is not a high-demand zone compared to suburbs or more central districts like Wolseley or River Heights. Buyers should factor in proximity to amenities, school catchment, and any ongoing community revitalization efforts.