Property Summary: 1125 Aberdeen Avenue
Key Characteristics & Buyer Appeal
This one-and-three-quarter storey home, built in 1914, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in a balance of established character and functional updates, most notably a renovated basement that adds valuable finished space. The home sits on a standard city lot and offers a detached garage.
The living area is notably above average for the immediate neighbourhood, providing more interior space than many nearby comparables. While the property’s assessed value is above average for its local area, it sits below the wider city average, suggesting a potentially accessible entry point into the market. This combination suits first-time homebuyers seeking a move-in-ready project with some modern touches, or investors looking for a solid, updated rental property in a central location. Its appeal is grounded in practicality rather than luxury, offering honest value with the charm of an older home in a mature community.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This style, common for the era, typically features a full main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially lower ceiling heights in parts of the upper level. It adds character but may affect furniture placement.
2. How does the lot size compare?
At just under 3,000 sq ft, the lot is very typical for the street and area. It’s smaller than the citywide average but provides standard outdoor space for the neighbourhood, suitable for a garden or patio without extensive maintenance.
3. The home sold recently in 2023. Why is it back on the market?
While the specific reason isn't listed, the recent sale history indicates a known, recent market value. A quick turnaround could be due to many common life changes (job relocation, family needs) and isn't inherently a cause for concern, but it’s a point to discuss with your agent.
4. The assessed value seems low. What does that indicate?
The assessed value is for municipal tax purposes and is not the market value. That it's above average for the area but below the city average reflects the neighbourhood's overall affordability. The actual sale price will be determined by current market conditions.
5. What are the less obvious considerations with a 110-year-old home?
While the basement is renovated, focus inquiries on the condition of major original systems not explicitly mentioned: the roof, foundation, plumbing, and electrical wiring. An older home with updates can be a great find, but understanding what work has been done—and what remains from the original build—is crucial for planning future maintenance.