Property Overview
This one-and-a-half storey home, built in 1913, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its balance of a renovated basement and a manageable scale on a standard city lot. With 789 sqft of living space, it's a compact home, but its lot size of 3,000 sqft is typical for the immediate area. The detached garage adds functional value. The home last sold in 2020 for $16,500, and its current assessed value is in line with neighbouring properties on Aberdeen Avenue.
This property would suit a first-time buyer, an investor, or someone looking for a low-maintenance footprint. Its value is rooted in its location on a street with consistent, modestly valued homes, offering stability rather than standout metrics. A thoughtful perspective is that while its living space is below area averages, the renovated basement effectively adds usable square footage, making it more functional than the main floor footprint alone suggests. It’s a home for someone comfortable with the character of a century-old structure but seeking a project that has seen some foundational updates.
Frequently Asked Questions
1. Is the lot size a pro or a con?
The 3,000 sqft lot is perfectly average for both Aberdeen Avenue and the broader Burrows Central area. It provides standard outdoor space for a city home without the extensive maintenance of a larger yard.
2. How does the assessed value compare?
At $17,300, the assessment is very close to the street average ($16,800) and slightly below the neighbourhood average ($18,900). This indicates the property is valued consistently within its local market context.
3. The living area seems small. What should I know?
At 789 sqft, the above-ground living area is indeed below average. However, the presence of a renovated basement significantly expands the usable space. Viewings should focus on how the layout and basement renovation meet your spatial needs.
4. What does the sale history indicate?
The 2020 sale price of $16,500 is close to the current assessed value, suggesting a stable value trajectory in recent years, without dramatic market swings for this specific property.
5. Who are the typical neighbours in terms of housing?
Nearby homes on Aberdeen Avenue are very similar—primarily one-and-a-half storeys built in the early 1900s, with comparable lot sizes and values. This consistency can contribute to neighbourhood stability.