Property Summary: 1135 Aberdeen Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic one-and-a-half storey home built in 1912, situated on an exceptionally large lot. Its primary appeal lies in the land itself—at over 7,100 square feet, the property size is in the top 1% for its street and the top 2% for the Burrows Central neighbourhood. This presents a significant opportunity for buyers with vision. The house, with 1,141 sqft of living space, is above average in size for the immediate area and features a full, unrenovated basement.
The property would suit a specific type of buyer: those looking for a land-value play, a renovation or rebuild project, or someone seeking ample outdoor space in the city. It’s a practical choice for an investor, a hands-on homeowner not afraid of a project, or a buyer prioritizing lot size over move-in-ready condition. The very low assessed value and recent sale price reflect its current state, making it an entry point into the market with the potential for long-term value driven by the substantial parcel of land. A thoughtful perspective is that while the home is older, its larger-than-average footprint for the area provides a more flexible starting point for modernization than many smaller, compact lots.
Section 2: Frequently Asked Questions
1. What does "unrenovated basement" typically mean?
It indicates the basement is in its original or functional state, likely lacking modern finishes. Buyers should budget for potential updates to insulation, flooring, or moisture management, but it also offers a blank canvas.
2. The assessed value is much lower than typical city homes. Why?
The assessment reflects the property's current condition and market value as a modest, older home in its neighbourhood. It does not necessarily capture the full speculative value of the large lot for future use.
3. Is the large lot size a benefit for future expansion?
Potentially, yes. The lot dimensions could allow for additions, a garage, or extensive landscaping. However, any major changes would require checking with the city for zoning bylaws, heritage designations (given the age), and permitting.
4. How does the age of the home (1912) affect things?
It brings character but also requires careful inspection. Key considerations would be the condition of the foundation, plumbing, electrical systems, and insulation, which may need upgrading to modern standards.
5. Who are the most likely buyers for a property like this?
Common buyers include practical investors, renovation-minded owners looking to add value, or individuals seeking affordability who are willing to make gradual improvements over time. The lot size may also attract those looking for a multi-generational living setup or significant garden space.