Property Overview: 948 Aberdeen Avenue
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1943, presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Its primary appeal lies in its balance of a renovated basement and a manageable scale on a standard city lot. With 925 sqft of living space, it offers a compact footprint that is actually quite typical for its immediate area and slightly older streetscape. The home sits on a 3,004 sqft lot, which is a common size locally, providing outdoor space without excessive maintenance demands.
A key, less obvious strength is its relative modernity compared to its direct neighbours; built in 1943, it is newer than many homes on Aberdeen Avenue and in central Winnipeg overall. This can suggest potentially fewer concerns related to very old infrastructure. The renovated basement adds functional living space, a significant asset given the home's modest main-floor square footage. The most recent sale was in July 2023 for $20,300, closely aligned with its assessed value, indicating a stable and transparent market valuation.
This property would best suit first-time buyers, downsizers, or investors seeking an entry-point into the market with a home that has seen some updates. It’s for those who prioritize function and location over size, and who appreciate a home that is unassuming yet well-positioned within its local context.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 3,004 sqft is very typical for Aberdeen Avenue and the Burrows Central area, ranking in the top 35% on the street. It is a standard city lot, larger than many across Winnipeg but not unusually so for this neighbourhood.
2. Is the living area small for the area?
At 925 sqft, the living space is around the neighbourhood average. While below the city-wide average, it is comparable to many nearby homes, such as the referenced property at 988 Alfred Avenue (968 sqft).
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope or finish. This is a key detail to clarify with the seller or agent to understand the quality and permitted use of the additional space.
4. How does the year built affect this home?
Built in 1943, this home is actually newer than many on its street and in the broader central area. This can be an advantage, potentially meaning updates to original systems have already been addressed or that fewer major age-related issues are present compared to older neighbouring homes.
5. Are the recent sale price and assessed value reliable indicators?
The close alignment between the July 2023 sale price ($20,300) and the assessed value ($19,300) suggests the property is priced consistently with its official valuation and recent market activity. This provides a solid, transparent benchmark for buyers.