468 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,104 sqft home built in 2016 on a 3,672 sqft lot, with an assessed value of $264,000. What stands out most is the year built: it ranks in the top 3% on its street and top 4% in the William Whyte neighbourhood, where the average home dates to 1927. In a pocket of Winnipeg defined by older housing stock, this property offers something genuinely uncommon—a modern build without the premium of a newer suburb.
The assessed value tells a more nuanced story. On the street and in the neighbourhood, the home ranks well above average (top 11% and top 5%, respectively), yet citywide it sits in the bottom 80%. That gap reflects the neighbourhood itself: William Whyte is undervalued relative to Winnipeg as a whole, so buyers are getting a newer home in an area where prices haven't yet caught up. The land area (3,672 sqft) is also notably larger than the street and neighbourhood averages, giving more outdoor space than most comparable homes nearby.
Who it suits: Buyers who want a relatively new, move-in-ready house in a central neighbourhood with upside potential—not a flip, but a solid hold. It's less suited to someone looking for a sprawling lot or a high-end finish in a premium district. The home's appeal is pragmatic: newer construction in an older area, at a price point that reflects the location, not the build quality.
Frequently Asked Questions
1. How does this home compare to others on Aberdeen Avenue?
It's one of the newest homes on the street (top 3% by year built), and its assessed value is well above the street average of $167,700. The living area is slightly above the street average of 1,025 sqft, and the lot is larger than most neighbours'.
2. Is the assessed value of $264,000 a realistic market price?
Assessed value and market price aren't the same thing. The assessment is a municipal estimate, typically lagging behind current conditions. The home ranks highly within William Whyte, but low citywide—so its value is tied to the neighbourhood's relative affordability. A local agent would be needed to gauge actual market pricing.
3. Why is the citywide ranking so different from the street and neighbourhood rankings?
Across Winnipeg, the average home is older, sits on a much larger lot (6,570 sqft), and has a higher assessed value ($390k). This property is newer but smaller in land and lower in price compared to the city as a whole. In its immediate context, it's an outlier for quality and condition.
4. What does "elite" or "above average" mean in these rankings?
The rankings compare this property against all other homes within the same scope (street, neighbourhood, city). "Elite" means it outperforms 95% or more of comparable properties. "Above average" typically means it's in the top 10–20% for that metric. The bar fill length shows how many peers it outranks.
5. Should I be concerned about the neighbourhood's lower citywide ranking?
Not necessarily. A low citywide ranking for assessed value can indicate an area that's more affordable relative to the rest of Winnipeg—which may appeal to buyers looking for value or long-term appreciation. The key question is whether the neighbourhood's trajectory aligns with your goals. The home itself is newer and well-ranked locally, which reduces some of the risk older homes carry.