604 Aberdeen Avenue

604 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,274 sqft home built in 1914 on a 3,004 sqft lot in the William Whyte neighbourhood. The assessed value is $134,000.

Where the appeal lies: The living area is genuinely generous for the street — it ranks in the top 18% on Aberdeen Avenue — and the home sits on a lot that’s slightly above the street average but well below city-wide norms. This is not a property that competes on land size or newness. Its value proposition is more understated: you get a solid amount of interior space on a manageable lot in an older, established neighbourhood, at an assessed value that sits close to the local average but far below the city median. The gap between the street-level value (which is around average) and the city-wide value (which ranks in the bottom 2%) suggests this property is priced relative to its immediate context, not Winnipeg’s broader market.

Who it would suit: Buyers who prioritize interior square footage over lot size or a modern build. Given the 1914 construction, it would likely appeal to someone comfortable with an older home’s character and potential maintenance needs — not someone expecting turnkey finishes. It may also suit an investor or first-time buyer looking for entry into a neighbourhood where prices haven’t yet risen to city-wide averages. The land area ranking drops significantly at the city level (top 88%), so buyers wanting a large yard or development potential should look elsewhere.

Frequently Asked Questions

1. How does the living area compare to other homes in the neighbourhood?
   The home is larger than average on its street (top 18%) and slightly above average in the William Whyte neighbourhood (top 31%). City-wide, it ranks in the top 43%, which is around the middle.

2. Why is the assessed value so low compared to the city average?
   The $134,000 assessment is close to the neighbourhood average of $149,100 but far below Winnipeg’s city-wide average of $390,100. This reflects the property’s location in an older, more affordable part of the city, not necessarily a reflection of the home’s condition.

3. Is a 1914 home likely to have any specific issues?
   Homes of this era often have dated electrical, plumbing, and insulation. The data doesn’t speak to renovations, so a thorough inspection is advisable. That said, older homes in this area have often been updated to varying degrees — it’s worth verifying.

4. How does the lot size affect future use or resale?
   At 3,004 sqft, the lot is among the smaller ones city-wide (top 88%). It’s competitive on its street (top 35%) but unlikely to support major additions or subdivision. Resale value will depend more on the house itself than the land.

5. What does the ranking system actually mean?
   A higher percentile rank (e.g., top 18%) means the property outperforms that percentage of comparable homes in that category. The bars and colours indicate how you stack up against peers — full fill means you beat nearly all of them. Rankings are based on comparable homes within each scope (street, neighbourhood, city).