691 Aberdeen Avenue – Property Summary
1. Key Characteristics and Buyer Profile
This is a 1912-built home with 1,108 square feet of living space on a 2,998-square-foot lot. Its assessed value is $154,000. Compared to other homes on Aberdeen Avenue, the living area sits slightly above average (top 33%), while the assessed value is near the middle of the street (top 49%). The lot is on the smaller side for the street and neighborhood, but the house itself offers more interior space than many nearby properties.
The appeal here is mostly about affordability and location within an older, established Winnipeg neighborhood. The assessed value is well below citywide averages, and while the home is older (top 92% citywide by year built), it lands in a part of Winnipeg where older homes are the norm—the neighbourhood’s average year built is 1927. That means you’re not buying into an area of recent flips or new builds, but into a block with a consistent vintage. The land area is modest, which limits yard space but also keeps the purchase price down.
This property would suit a first-time buyer or someone looking for an entry-level home in a central Winnipeg neighborhood like William Whyte. It may also work for an investor focused on lower-cost infill or rental properties, provided they’re comfortable with the maintenance that comes with a house over 110 years old. It’s less suited to someone seeking a large lot, a modern layout, or a quick resale with high appreciation potential.
2. Frequently Asked Questions
1. How old is this home, and does being built in 1912 matter day-to-day?
The home was built in 1912. That’s typical for the area—most nearby houses are of a similar age. You should expect things like older wiring, plumbing, and foundation materials unless they’ve been updated. An inspection focused on these systems is recommended. Many homes this age have good bones but need regular maintenance on roofs, windows, and basements.
2. The lot is under 3,000 square feet. What does that mean for outdoor space?
The lot is below average for both the street and the neighborhood. You’ll have a small yard—likely enough for a patio and some planting, but not for a large garden, a playset, or a detached garage with extra parking. Street parking and local parks would be more relevant for outdoor needs.
3. How does the assessed value compare to similar homes in Winnipeg?
The assessed value of $154,000 is well below the citywide average of around $390,000. Within the William Whyte neighborhood, it’s actually slightly above the local average of about $149,000, meaning it’s priced in line with other houses nearby. So you’re not overpaying relative to the area, even though the citywide comparison makes it look inexpensive.
4. Is this a good investment for rental income?
In William Whyte, rental demand is moderate, and entry-level prices keep the barrier to entry low. The small lot and older systems could mean lower cash flow if repairs come up early. If the home is already move-in ready and you buy near assessed value, the numbers can work for a basic rental, but don’t expect rapid appreciation. It’s more of a steady, long-hold property.
5. What is the neighborhood like?
William Whyte is a central Winnipeg area with a mix of older single-family homes, small apartment buildings, and some commercial strips. It’s walkable to certain amenities, but not considered a high-demand or luxury area. Crime rates and school rankings are average for the city—nothing dramatic, but not a premium pocket. It’s the kind of place where you get more house for your money if you’re okay with an older, established urban setting.