912 Aberdeen Avenue

Property Overview: 912 Aberdeen Avenue

Key Characteristics & Appeal

This is a classic one-storey home on a standard city lot in Winnipeg's Burrows Central neighbourhood. Built in 1912, its primary appeal lies in its land value and location, presenting a straightforward opportunity. The 640 sqft living area is compact, making it one of the smaller homes on the street, while the 3,004 sqft lot is typical for the area. It features a detached garage and an unrenovated basement. The home last sold in late 2022 for $13,500, with a current assessed value of $14,500, which is around average for Aberdeen Avenue but below average for the wider city.

This property would suit a specific type of buyer: those looking for an affordable entry point into homeownership, an investor seeking a rental property with low acquisition costs, or a buyer with plans for a significant renovation or rebuild who values the lot over the existing structure. Its appeal is practical rather than aesthetic, offering a foundation to build upon rather than a move-in-ready home.

Frequently Asked Questions

1. Is the price reflective of the home's condition?
Yes, the very low sale price and assessed value are directly tied to the home's age, small size, and the note that the basement is unrenovated. It is priced as a land-value proposition or a major project.

2. How does the lot size compare to others?
The lot is just over 3,000 sqft, which is fairly average for both Aberdeen Avenue and the Burrows Central neighbourhood. It is not an unusually large or small parcel for the area.

3. What does the "below average" ranking for living area mean?
The home's 640 sqft of living space places it in the bottom 10-12% compared to similar properties on its street, in the neighbourhood, and citywide. This confirms it is a notably compact dwelling.

4. Who might be interested in a home with these specifics?
Given the metrics, likely buyers include investors, developers, or handy first-time buyers willing to undertake renovations. Its value is in the potential of the lot and location, not the current structure.

5. Are comparable nearby homes similar in value?
Nearby sales data shows a wide range. Similar-sized homes on the same street have recently sold for between $7,700 and $22,900, indicating that condition, updates, and lot specifics cause significant value variation in this area.