Property Overview: 924 Aberdeen Avenue
Key Characteristics & Appeal
This is a classic one-and-a-half storey home built in 1912, situated on a standard city lot in the Burrows Central neighbourhood. Its key features include a detached garage and an unrenovated basement. The home’s living space is modest at just over 1,000 square feet, which is typical for the immediate area but smaller than the Winnipeg city average.
The primary appeal lies in its position as a straightforward, no-frills property in a long-established community. It represents an entry point into the housing market or a practical investment opportunity. The lot size is consistent with the street, offering a manageable outdoor space without extensive upkeep. A thoughtful perspective is that a home of this age and condition offers a clear canvas; its value is in the underlying land and structure, allowing the next owner to tailor renovations to their own taste and budget without paying a premium for someone else’s updates. It would suit a first-time buyer comfortable with a project, an investor looking for a rental property, or someone seeking a functional home with the potential to build equity through gradual improvements.
Frequently Asked Questions
1. What does “unrenovated basement” typically mean for a home of this age?
It generally indicates the basement retains its original state, likely with a concrete floor, foundational stone or block walls, and older mechanical systems. It offers functional storage or laundry space but would require significant investment to convert into finished living area.
2. How does the very low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes compared to homes with higher valuations. This can be a meaningful ongoing cost saving, especially for budget-conscious buyers.
3. Are there any concerns with a house built in 1912?
While offering classic charm, a home this age will likely have older wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition of these core systems and plan for potential updates.
4. The home last sold in 2020. What does that recent sale history suggest?
The relatively recent sale indicates the property has changed hands in the modern market, which can provide a clearer, up-to-date benchmark for its market value compared to homes that haven’t been sold for decades.
5. What is the neighbourhood character like?
Burrows Central is a mature, established neighbourhood. The listing shows nearby properties are of similar vintage and scale, suggesting a consistent streetscape of older, well-settled homes rather than an area undergoing rapid redevelopment.