365 Aberdeen Avenue – Property Summary
Key Characteristics and Buyer Profile
This is a 1910-built home with 1,161 square feet of living space on a 2,999-square-foot lot. Its assessed value is $102,000.
The property’s main appeal is its living area, which is above average for the street (top 28%) and around average for the neighbourhood and city. In terms of age and land size, it’s typical for the William Whyte area but below average citywide. The assessed value is low relative to comparable homes at every level—street, neighbourhood, and city—which suggests this property is priced well below the typical market value in Winnipeg.
This home would suit a buyer who values space over recency, and who is comfortable with an older house that has likely already been lived in and maintained for over a century. It may appeal to first-time buyers looking for an affordable entry into homeownership in the city, or to investors interested in a fixer-upper with below-average valuation. The relatively large living area compared to other homes on the same street is a quiet advantage that might not be obvious from the price alone.
Frequently Asked Questions
1. How does this property compare to others on Aberdeen Avenue?
It has above-average living space (top 28%) but a below-average assessed value and year built. The lot size is around average for the street.
2. Is the assessed value accurate for what I’d pay?
Assessed value is a benchmark for property taxes, not a market price. The low assessment relative to nearby homes may indicate it’s undervalued, but actual sale price will depend on condition, renovations, and market demand.
3. What is the neighbourhood like?
William Whyte is an older, established area of Winnipeg. Homes here date mostly from the 1920s to 1930s, and property values tend to be below citywide averages.
4. Would this be a good investment property?
The low purchase price relative to city averages could mean lower entry costs. However, an older home may require more maintenance and updates. The above-average living area could be a selling point for future tenants or buyers.
5. How does the lot size compare?
At 2,999 square feet, the lot is slightly smaller than the neighbourhood average (3,277 sqft) and well below the Winnipeg average (6,570 sqft). It’s a typical urban lot for this area.