363 Aberdeen Avenue – Property Summary
Key Characteristics & Appeal
This is a 1,203 sqft home built in 1907 on a 2,999 sqft lot in the William Whyte neighbourhood, with a current assessed value of $127,000. The property stands out most for its living area, which is above average compared to other homes on Aberdeen Avenue (top 23%). Its lot size and year built are both below average for the city and the street but fairly typical for the immediate neighbourhood. The assessed value is significantly lower than the Winnipeg average—bottom 2% citywide—which reflects both the age of the home and the character of the area.
The appeal here is practical: you get more interior space than most properties on this street at a price point that sits well below the city median. This is not a turnkey modern home, but it offers bones that suit someone looking for square footage without paying for a premium location or recent renovations. The neighbourhood is established, with older homes and modest lot sizes, so buyers should be comfortable with that context.
This property would suit a buyer who values interior space over curb appeal or a large yard—first-time homeowners with some renovation interest, investors looking for a rental with decent floor area, or someone who wants to enter the market with an older, affordable property in a working-class neighbourhood. It is less suited to those seeking a newer build, a large lot, or a high-assessment resale in a short timeframe.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On Aberdeen Avenue, the average assessed value is about $167,700, so this home is below the street average. In the William Whyte neighbourhood, the average is $149,100. Citywide, the average is $390,100, so this property is well below that. The rank (top 98% citywide means it’s among the lowest-valued homes in Winnipeg) reflects the older construction and neighbourhood dynamics, not necessarily poor condition.
2. Is the 1,203 sqft living area accurate, and how was it measured?
The data comes from the city’s property assessment records, which typically use exterior measurements. That figure is above the street average of 1,025 sqft and consistent with many early-1900s homes in the area. If you need exact interior dimensions for renovation or insurance purposes, a professional measurement is recommended.
3. The year built is 1907—what should I expect in terms of maintenance?
Homes from that era often have solid framing but may need updated electrical, plumbing, insulation, and possibly foundation work. Being older than 90% of Winnipeg properties means replacement systems and upgrades are likely needed unless recently done. A thorough inspection is essential, especially for knob-and-tube wiring or galvanized pipes.
4. How does the lot size affect use and resale?
At 2,999 sqft, the lot is slightly smaller than the neighbourhood average (3,277 sqft) and significantly smaller than the city average. This limits options for major additions or large garages but is typical for older urban infill lots. For an investor, the smaller lot often means lower property taxes and maintenance.
5. What are the most common buyer profiles for this type of property?
Based on the data and location, buyers are typically first-time purchasers with limited budgets, renovators looking for a project, or landlords targeting the rental market. The home’s value lies in its above-average interior space relative to its cost, not in land value or modern finishes. Comparables suggest it competes with other older homes in the north-central Winnipeg area.