491 Aberdeen Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1914-built home in the William Whyte neighbourhood of Winnipeg, with 1,516 square feet of living space on a 3,998-square-foot lot. The assessed value is $199,000.
The property’s main appeal is its size—both indoors and outdoors. The living area ranks in the top 6% on Aberdeen Avenue and top 16% neighbourhood-wide, well above the local and city averages. The land is similarly generous: top 13% on the street and top 9% in the area. For someone looking for more square footage and a larger yard than most nearby properties offer, this stands out.
The assessed value, while above the street and neighbourhood averages, sits in the bottom 8% citywide. That gap reflects the older housing stock and lower land values compared to newer suburban homes. In practical terms, a buyer gets relatively spacious living space at a price point well below the city median.
The home is also older than much of Winnipeg’s housing stock (ranked in the bottom 11% citywide by year built). That suggests a buyer should expect an existing-character home with maintenance considerations typical of a house built in 1914.
Who it would suit:
Buyers who value interior and lot size over a modern build, are comfortable with an older home’s upkeep, and want a price tag that reflects the neighbourhood rather than citywide averages. It may also appeal to those looking for a property where the assessed value leaves room for future appreciation if the area trends upward.
Five Possible FAQs
1. How does this home’s assessed value compare to similar homes in Winnipeg?
At $199,000, the assessed value is higher than the averages on Aberdeen Avenue ($167,700) and in William Whyte ($149,100), but well below the citywide average for comparable homes ($390,100). It ranks in the top 92% citywide, meaning most homes in Winnipeg are assessed higher.
2. Is the lot size unusual for the area?
Yes. The 3,998 sqft lot ranks in the top 13% on the street and top 9% in the neighbourhood. It’s larger than most nearby properties, but smaller than typical citywide lots (average 6,570 sqft). The big draw is how it compares locally, not citywide.
3. What should I know about a home built in 1914?
Older homes often have different construction methods, materials, and systems (e.g., knob-and-tube wiring, plaster walls, or foundation types common to that era). A building inspection and possibly a specialist in heritage-era homes would be wise. The property is older than 89% of Winnipeg homes, so routine maintenance and upgrades may be more frequent or costly than in a newer build.
4. Does “top 6% for living area on the street” mean this is an unusually large home for Aberdeen Avenue?
Yes. The average living area on the street is 1,025 sqft, so at 1,516 sqft this is roughly 48% larger. The same pattern holds in the neighbourhood (average 1,158 sqft). It’s a notably spacious home within its immediate context.
5. How does this property compare to others in the William Whyte neighbourhood overall?
Relative to the neighbourhood, the property is above average in living area (top 16%) and land area (top 9%), and above average in assessed value (top 17%). The year built is close to the neighbourhood average (1927). So it’s a larger, more valuable home on a bigger lot than most of its neighbours, but still priced below the city norm.