Property Overview
This one-and-a-half storey home on Aberdeen Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1924, it sits on a lot that is notably larger than most in the immediate area, offering above-average outdoor space for its locale. The 1,226 sqft living area is also generous compared to neighbouring homes. A key feature is the renovated basement, adding functional living space, and the property includes a detached garage. Its appeal lies in this combination of a sizable lot, updated elements, and a floorplan that provides more room than is typical for the street. This property would suit a value-conscious buyer looking for a home with character and expansion potential in a central neighbourhood, or an investor seeking a property with solid fundamentals relative to its immediate market.
Frequently Asked Questions
What does the "above average" ranking for land area actually mean?
It means the property's 3,957 sqft lot is larger than 86% of the lots on Aberdeen Avenue. In this specific context, it offers more private outdoor space than most homes directly around it.
Is the assessed value the same as the market value?
No. The assessed value (24.40k) is for municipal tax purposes. The last sale price was 28.70k in April 2021. Market value is determined by current conditions and would be established through a professional appraisal or recent comparable sales.
What are the implications of the home's age?
Built in 1924, the home has pre-1940s character but may require attention to older components like wiring or plumbing. The renovated basement is a positive update, but a thorough inspection is recommended to understand the condition of the original structure.
How does this home compare city-wide?
The data shows it's a home that stands out in its local context but is more modest by broader Winnipeg standards. Its lot and living space are above average for the street and neighbourhood, but below the city-wide average, reflecting its location in an established, central community.
What is the significance of the detached garage?
In addition to parking or storage, a detached garage on a large lot offers flexibility. It could serve as a workshop, potential future rental space (subject to zoning), or simply provide valuable separation from the main house.