698 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1911 home offers 1,249 square feet of living space on a 3,003-square-foot lot. Compared to other homes on Aberdeen Avenue, the living area is notably generous—ranking in the top 19% of the street. The assessed value sits at $167,000, which is essentially average for Aberdeen Avenue but well below citywide norms. The lot size is modest, especially relative to Winnipeg as a whole, where the average land area is more than double.
The property’s appeal lies in its size-to-value ratio. Buyers get above-average interior space without paying above-average street or neighbourhood prices. The home is in the William Whyte neighbourhood, an area of older, mostly early-20th-century houses. Year built (1911) is older than most citywide, but typical for the immediate area. This means the home likely has character features common to pre-war construction, but may also come with maintenance considerations typical of an older house.
This suits buyers who are looking for more square footage than nearby comparables at a similar price point—entry-level buyers, investors, or anyone comfortable with an older home in a working-class neighbourhood. It would be less suitable for someone needing a large yard or a newer, move-in-ready property. The modest land area and citywide low assessment suggest this is not a high-appreciation area, so it appeals more to those focused on affordability and space now rather than long-term speculative gain.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It's right around average for the street and slightly above the neighbourhood average. However, citywide, it's in the bottom 5% of assessed values, reflecting the lower price point of this area compared to Winnipeg as a whole.
2. Is a 1911 home likely to have original features or need significant updates?
Both. Homes of this era in William Whyte often retain original trim, hardwood floors, and solid construction. At the same time, systems like plumbing, electrical, and insulation may be older or need upgrading. A thorough inspection would be key before purchasing.
3. Why is the lot size so much smaller than the citywide average?
This neighbourhood was developed in the early 1900s with compact lots typical of streetcar suburbs. Citywide averages are pulled up by newer suburban developments with much larger yards. On Aberdeen Avenue itself, this lot is actually slightly below average, but not far off.
4. How do the rankings work, and what do the colours mean?
The rankings compare this home against similar homes within the street, neighbourhood, and city. A higher rank means the home outperforms more peers in that category (e.g., larger living area or newer year built). The bar fill reflects the share of peers you outperform, and the colour (red, blue, amber, or grey) indicates a tier—better performance typically shows in warmer colours like red or amber.
5. What’s the best way to see this property in context with neighbouring homes?
The listing includes a link to open a neighbourhood map analysis page. That tool lets you compare this home to nearby houses side-by-side on factors like year built, living area, assessed value, and lot size. It's the most practical way to get a grounded sense of how this property fits its immediate surroundings.