729 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact, older home in Winnipeg’s William Whyte neighbourhood. At 720 square feet of living space, it’s significantly smaller than the typical home on the street, in the area, and across the city. The assessed value of $115,000 is below street and neighbourhood medians, and far below the citywide average of $390,100—but within the neighbourhood, it’s closer to the middle of the pack (top 65%). The land parcel is just under 3,000 square feet, which is also below average for all three scopes. The house itself dates from 1911, which puts it among the older homes on the street and in the area, though not unusually so for a Winnipeg inner-city property built in that era.
Where the appeal lies: The main draw here is price. Assessed value is low, and relative to citywide benchmarks, this is an entry-level property that would likely come with a lower purchase price than most Winnipeg homes. It’s also a straightforward, no-fuss footprint—720 square feet is manageable for someone who doesn’t need extra space or doesn’t want to pay for it. The land is smaller too, which means less yard maintenance. The home’s age might appeal to buyers who prefer character older homes (or who are open to renovation), though nothing in the data suggests it’s a particularly well-preserved example.
Who it would suit: First-time buyers with a limited budget who need to break into the market. Investors looking for a low-cost entry into an older neighbourhood where appreciation may come from area-wide renewal rather than the property itself. Someone who values location over square footage and is willing to trade space for affordability. It’s less suited to families needing room to grow, or buyers who want a move-in-ready home with modern finishes and a generous lot.
Frequently Asked Questions
1. How does the assessed value compare to what I might actually pay?
Assessed value is a tax assessment, not a market price. That said, a below-average assessment, especially on the street and in the neighbourhood, often points to a property that’s priced below typical sale prices for comparable homes nearby. In a market like William Whyte, where values vary block by block, this home may be one of the more affordable options. Always compare recent sale data in the immediate area for a realistic price range.
2. The home is from 1911. What should I look out for?
Older homes often have updated electrical, plumbing, or foundation work—or not. The fact that it ranks near the average for its street and neighbourhood in year built suggests many neighbouring homes are similar in age, so maintenance patterns may be comparable. Look for signs of knob-and-tube wiring, lead or galvanized pipes, and any settling or cracking in the foundation. A pre-offer inspection is wise, especially given the below-average assessed value may reflect deferred maintenance.
3. The living area is well below average. Is that a problem?
Not necessarily—it depends on your needs. A 720-square-foot home with a small footprint can feel more efficient than a larger, poorly laid-out one. But if you plan to resell, smaller homes often appeal to a narrower buyer pool. The data shows this home is in the bottom 5% citywide for living area, so it’s genuinely compact. Make sure the layout works for your daily life, not just for the price tag.
4. How does the land size affect things?
At 2,998 square feet, the lot is smaller than average on the street and in the neighbourhood. That means less outdoor space for gardening, entertaining, or expansion. It also likely means a smaller frontage and shallower depth. For some, this is a plus—less maintenance. For others, it limits future additions or the ability to subdivide. Check local zoning to see if there are any restrictions on the property.
5. What does “top 83%” and similar rankings actually mean?
These rankings show how the property compares to similar homes at the street, neighbourhood, and city level. A “top 83%” ranking for living area means it’s in the bottom 17% (i.e., smaller than 83% of homes on Aberdeen Avenue). A “top 99%” rank for assessed value citywide means it’s in the bottom 1%—very low compared to the rest of Winnipeg. The percentages are a quick way to see where the property sits relative to peers, but always look at the actual numbers (720 sqft vs. 1,025 sqft average on the street) for context.