766 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 933-square-foot home built in 1955 on a notably large 6,005-square-foot lot. The property sits in Winnipeg’s William Whyte neighbourhood. Its strongest feature is the land: the lot ranks in the top 1% on the street and in the neighbourhood, while the house itself is more modest in size—slightly below the citywide average for living area.
The assessed value of $189,000 is above average for both the street ($167,700) and the neighbourhood ($149,100), but well below the citywide average ($390,100). This suggests the home is positioned as a relatively affordable option in a lower-cost area, with the land holding much of the value.
The property would suit buyers who prioritize outdoor space over interior square footage—for example, someone looking to garden, add a workshop, or eventually expand the home. It may also appeal to investors or first-time buyers who want an older, structurally sound house on a lot with potential, rather than a move-in-ready suburban property. The 1955 build date is older than many homes citywide, but newer than most on the street and in the neighbourhood, which means it’s likely more modernized than its immediate neighbours.
Frequently Asked Questions
1. How does the living area compare to other homes in the area?
It’s around average for the street and neighbourhood, but below average citywide. At 933 square feet, it’s slightly smaller than the typical home in William Whyte (1,158 sqft) and significantly smaller than the citywide average (1,342 sqft). Buyers expecting a spacious interior should look elsewhere.
2. Why is the assessed value higher than the neighbourhood average but lower than the citywide average?
The neighbourhood has generally lower property values than the rest of Winnipeg. This home’s value is above the local average, likely due to its large lot and decent condition, but still falls well below the citywide median. The gap between citywide ($390k) and local ($149k) averages is quite wide.
3. What’s the advantage of a 6,005-square-foot lot on this street?
Most lots on Aberdeen Avenue are around 3,265 square feet, and the neighbourhood average is similar. This property has nearly double that—it ranks in the top 1% for land area locally. That gives you room for expansions, a garage, a large garden, or simply privacy from neighbours. It’s the standout feature of the listing.
4. Is the older build a concern?
Built in 1955, it’s older than most homes citywide (median 1966) but newer than much of the street (median 1930) and neighbourhood (median 1927). That means it’s likely past the era of knob-and-tube wiring and balloon framing, but you’d still want to check for lead paint, asbestos, and foundation issues typical of mid-century homes. The rankings suggest it’s in better shape than many nearby properties.
5. Who is this property not a good fit for?
Buyers wanting a large, modern interior, or those expecting a turnkey home with no renovation work, should probably skip it. The small living area and older construction mean it’s not a typical family home as-is. It’s also not ideal for someone who doesn’t value a big lot—most of the appeal is tied to the land, not the house itself.