This is a 1,184-square-foot home built in 1900, sitting on a 3,265-square-foot lot in Winnipeg’s William Whyte neighbourhood. Its main strength is living space and land relative to the immediate street: the home ranks in the top 25% for square footage on Aberdeen Avenue, and the lot is also above average for the street. However, the assessed value of $146,000 is below the street average and well below the citywide median—ranking in the bottom 3% citywide. That gap between solid physical dimensions and low valuation may appeal to buyers who see potential value or are willing to invest in updates.
The year built (1900) places it among the older homes in the city, meaning the buyer should expect an older structure typical of the area. The property is best suited for someone looking for a relatively spacious lot and floor plan in an established central neighbourhood, without paying for a premium finish. It may also appeal to investors or first-time buyers who are comfortable with an older home and see room for long-term appreciation, particularly given the disconnect between the low assessed value and the above-average street-level metrics.
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How does the assessed value compare to similar homes nearby?
On Aberdeen Avenue, the average assessed value is around $167,700, so this home is roughly $21,000 below average. In the broader William Whyte neighbourhood, the average is $149,100, making this property slightly below that too. Citywide, it’s significantly lower than the median of $390,100.
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What does the "top 25%" ranking for living area actually mean?
It means that out of 520 comparable homes on Aberdeen Avenue, this one has more living space than roughly 75% of them. That’s a strong score for the street, though the home’s living area is still a bit above the neighbourhood average (1,158 sqft) and slightly below the city average (1,342 sqft).
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Is the lot size unusual for the neighbourhood?
The lot is 3,265 square feet, which is exactly the average on Aberdeen Avenue. In the wider William Whyte area, the average is nearly identical (3,277 sqft), so it’s very typical for the neighbourhood. Citywide, lots tend to be about twice as large, so this is a smaller urban lot by Winnipeg standards.
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What should I know about a home built in 1900?
This property is among the oldest 1% citywide. Homes of this age often have knob-and-tube wiring, lead or galvanized plumbing, and less insulation. Some have solid wood framing and good bones, but expect maintenance on systems, foundation, and roofing. A thorough inspection is strongly advised, especially for a century-old structure.
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Does the low assessed value mean the home is in poor condition?
Not necessarily—assessed value reflects market data for tax purposes, not a condition report. A low value relative to the street can stem from the home being smaller than newer infill houses or needing cosmetic updates, but it may also reflect a lack of recent renovations. The ranking suggests it’s undervalued compared to living area and lot size, which could mean room for value growth if improvements are made.