564 Aberdeen Avenue – Property Summary
Key Characteristics & Appeal
This is a 1,056 sqft home built in 2009 on a 3,267 sqft lot, with an assessed value of $210,000. What stands out is its relative newness in an older area. On its street and in the William Whyte neighbourhood, the average home was built around 1930 and 1927 respectively—this property is nearly 80 years newer than most nearby houses. That gives it a structural and efficiency advantage that older homes in the same price bracket often lack.
The assessed value is above average at the street and neighbourhood level (top 23% and top 14%), but below average citywide, meaning you're getting a relatively strong asset for its location without paying a premium tied to Winnipeg's hotter markets. Living area is close to the street and neighbourhood average, so it's not unusually small or large for the area. The land area is also typical for the neighbourhood, though well below the citywide average—common for older, denser inner-ring lots.
This property would suit a buyer looking for a modern home in a central, established neighbourhood without the renovation headaches. It's a good fit for first-time buyers who want something move-in ready, or for investors seeking a newer-build infill property in an area where many homes require significant upkeep. The appeal is less about flashy features and more about relative value: you're paying for age and condition, not square footage or land.
Five Possible FAQs
1. How does this home compare to others on Aberdeen Avenue?
It's newer than most homes on the street (top 8% for year built), and its assessed value is above average (top 23%). Living area is roughly average. So it's not the biggest or most expensive house on the block, but it's one of the newest.
2. Is the neighbourhood generally older homes?
Yes. The average year built in William Whyte is 1927, and on Aberdeen Avenue it's 1930. This home, built in 2009, is a clear outlier. That means you avoid common older-home issues like outdated wiring, foundation problems, or lead pipes, but you also don't get the character of a century home.
3. Why is the assessed value above average locally but below average citywide?
The neighbourhood has lower average assessed values ($149k) than the citywide average for comparable homes ($390k). So a $210k home here ranks high locally, but low citywide. It reflects the area's affordability relative to more expensive parts of Winnipeg.
4. Is the lot size typical for the area?
Yes. The lot is 3,267 sqft, nearly identical to the neighbourhood average (3,277 sqft) and slightly above the street average (3,265 sqft). It's well below the citywide average (6,570 sqft), but that's expected for older urban lots.
5. What kind of ongoing costs or maintenance should I expect?
Because it's a 2009 build, major systems (roof, furnace, windows) are likely mid-life or newer. You're less likely to face immediate large repairs compared to a century home. However, being in an older neighbourhood, check for potential issues like tree root intrusion into sewer lines or street-level drainage, which are common in established areas.