290 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This 1,509 sqft home, built in 1930, sits on a 3,264 sqft lot in Winnipeg’s William Whyte neighbourhood. Its standout feature is living space: the home ranks in the top 6% of homes on Aberdeen Avenue for size, and the top 16% within the neighbourhood. That means significantly more interior room than most nearby homes, which average around 1,025 sqft on the street and 1,158 sqft in the area.
The assessed value—$147,000—sits near the middle of the pack for the street and neighbourhood, but well below the citywide average of $390,100. This creates a notable gap between what you get in square footage and what you pay relative to the rest of Winnipeg. The land area is average for the street, but notably smaller than typical city lots (3,264 vs. 6,570 sqft citywide), which is common for older urban infill properties.
Where the appeal lies: This property offers above-average interior space at a below-average citywide price point. For buyers who prioritize room inside over a large yard or a newer build, it represents a rare value proposition in a market where space usually commands a premium.
Who it suits: Buyers looking for generous interior space on a modest budget, particularly those comfortable with an older home (1930) in an established neighbourhood. It’s less suited for someone wanting a large private yard, a move-in-ready modern build, or citywide resale value that tracks with the market average. The low assessed value relative to the city suggests limited upside appreciation potential, but also lower property taxes.
Frequently Asked Questions
1. How does the assessed value compare to similar homes in the area, and what does that mean for property taxes?
The home’s assessed value is slightly below the neighbourhood average ($147,000 vs. $149,100) and well below the street average ($167,700). In Winnipeg, property taxes are calculated based on assessed value, so you can expect taxes to be lower than many other homes on Aberdeen Avenue. However, the value is significantly below the citywide average, which reflects the older age of the home and smaller lot rather than any specific defect.
2. The house is from 1930. What should I expect in terms of maintenance and updates?
Homes of this vintage typically have robust framing and good bones, but mechanical systems (electrical, plumbing, HVAC), windows, insulation, and roof are likely original or from a mid-century renovation. The year-built ranking (top 31% on the street) means it’s not unusually old for the immediate area, but it is older than 82% of homes citywide. Expect ongoing maintenance and a strong chance that updates to insulation and wiring are needed for modern efficiency and safety.
3. Why is the land area ranked lower than the living area, especially citywide?
The lot is 3,264 sqft—typical for the street and neighbourhood, but far smaller than the citywide average of 6,570 sqft. This is common for older, centrally located urban properties built before postwar suburban lot sizes became standard. If you’re looking for a large backyard, this property likely won’t deliver. If you’re fine with a modest outdoor space and prefer more indoor room, the trade-off works.
4. What does the “top 6% on the street” living-area ranking actually mean in real terms?
It means only about 30 other homes on Aberdeen Avenue have more interior square footage. In a street with 520 comparable properties, that’s a significant difference—roughly 484 homes nearby are smaller. For a buyer who needs extra bedrooms, a home office, or a larger common area, this puts the property in a league well above the street norm.
5. How would this property compare to a newer home in the suburbs at a similar price?
A newer suburban home in the same price range (around $147,000 assessed value) would likely offer a larger lot, better energy efficiency, and lower immediate maintenance needs. But it would almost certainly have less interior square footage and be farther from central amenities. The trade-off here is space and location versus age and land area. This property suits someone who values interior volume and a central urban setting over a big yard and modern finishes.