Property Overview
This one-and-a-half storey home on Aberdeen Avenue is a classic Winnipeg character property built in 1912. Its primary appeal lies in its generous 3,358 sqft lot, which is notably larger than most in the immediate area, offering valuable outdoor space and future potential. The house itself, with 777 sqft of living space and an unrenovated basement, presents a straightforward, functional layout. A detached garage adds practical utility.
This home is best suited for a value-conscious buyer, such as a first-time homeowner or an investor, who sees opportunity in the land and the solid structure. It’s for someone comfortable with a project, whether that means living with the existing conditions for a time or planning gradual updates. The appeal is grounded in fundamentals—a larger-than-average lot in a central location—rather than immediate move-in readiness.
Frequently Asked Questions
What does “unrenovated basement” typically mean for a home of this age?
It generally indicates the original foundation and layout, likely with a concrete floor and stone or block walls. It’s functional for storage and utilities but would require significant work to finish as living space.
How significant is the lot size here?
The lot is in the top 21% for size on Aberdeen Avenue, providing a tangible advantage over neighboring properties. This extra outdoor space is a premium for gardens, play areas, or future additions like a shed or deck.
The assessed value seems low. What does that indicate?
The low assessed value primarily reflects the home’s modest size, age, and condition relative to the city-wide market. It often results in correspondingly lower property taxes, which is a practical financial consideration for a buyer.
Is the 1912 build date a concern?
While the home has inherent character, a build date of 1912 means systems like wiring, plumbing, and the roof will likely need careful inspection. Its longevity also suggests solid craftsmanship, but budget should be allocated for updates and maintenance.
Who is the typical buyer for a property like this?
The most likely buyers are pragmatic investors or handy owner-occupants. An investor might be drawn to the stable rental fundamentals of the area, while an owner might value the chance to build equity through land value and manageable improvements over time.