Property Overview
This one-and-a-half storey home on Aberdeen Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1923, it sits on a standard 3,004 sqft lot and features a detached garage and an unfinished basement. Its key appeal lies in its above-average living space (1,336 sqft) for the immediate area, offering more room than many neighbouring homes. The property suits value-conscious buyers, including first-time homeowners or investors looking for a solid entry point into the market. It's ideal for someone comfortable with a home that retains its original character and may require updates, rather than a move-in-ready renovation. A thoughtful perspective is that while the home is older, its lot size and living area are strong relative to its local peers, suggesting a well-proportioned property for the street. Its last sale was in June 2021 for $23,500, with a current assessed value of $21,700.
Frequently Asked Questions
1. What does "above average living area for the neighbourhood" actually mean?
The data shows this home's living space ranks in the top 14% on its street and top 8% in Burrows Central, meaning it offers significantly more interior square footage than most comparable homes nearby.
2. Is the low assessed value a concern?
The assessed value is for municipal tax purposes and is not a market valuation. It is above average for the street and neighbourhood, but below the Winnipeg city average, reflecting the area's market conditions.
3. What should I know about the unfinished basement?
The listing notes the basement exists but is not renovated. Buyers should budget for potential moisture-proofing, insulation, and finishing to make it a usable space, and are advised to inspect its current condition thoroughly.
4. How does the lot size compare?
At just over 3,000 sqft, the lot is typical for the street and area, but is below the city-wide average. This is common for older central neighbourhoods and means yard space is functional but not expansive.
5. The home is over 100 years old. What are the implications?
While the structure has proven durable, prospective buyers should prioritize inspections for foundational integrity, original plumbing and electrical systems, and roof condition. Its age is typical for the area, as shown by comparable nearby homes built between 1911 and 1935.