721 Aberdeen Avenue – Property Summary
Key Characteristics & Who It Suits
This is a 2018-built home with 956 square feet of living space on a 2,998-square-foot lot. What stands out most is the age: it’s one of the newest houses on the street (top 2%), in the neighbourhood (top 2%), and across Winnipeg (top 4%). In an area where most homes were built around 1930, that new construction is the main draw.
The assessed value is $246,000. On the street and in the William Whyte neighbourhood, that’s well above average—ranking in the top 13% and 7% respectively. But citywide, it’s below the $390k median, reflecting that this is a more affordable part of Winnipeg where assessed values are lower overall.
The living area and land are both on the smaller side. The house is slightly below the street average for square footage and well below the citywide median for lot size. That’s typical for infill or newer builds in older neighbourhoods.
This property would suit a buyer who wants a newer, move-in-ready home in a central Winnipeg neighbourhood without paying for extra land or square footage they don’t need. It’s less suited for someone looking for a large yard or a house with historic character. The appeal is in the contrast: a modern interior and structure in a pocket of the city known for older housing stock.
Five Possible FAQs
1. How does this property’s assessed value compare to others nearby?
On Aberdeen Avenue, the average assessed value is about $168,000, and in William Whyte it’s roughly $149,000. This home is assessed at $246,000—well above both. That reflects the newer construction and likely updated finishes. But compared to the Winnipeg-wide average of $390,000 for similar homes, it’s still below the city median, meaning it’s a relatively affordable newer home in the context of the whole city.
2. Why is the lot smaller than many other homes in the area?
Newer infill homes in older neighbourhoods like William Whyte are often built on smaller lots that were subdivided from larger original parcels. The average lot on Aberdeen is about 3,265 square feet, and this one is 2,998. That’s common for a 2018 build in this area—you’re trading yard space for a newer structure and lower maintenance.
3. Is 956 square feet considered small for this street and neighbourhood?
It’s slightly below average. On Aberdeen, the typical living area is 1,025 square feet, and in William Whyte it’s 1,158. So this home is a bit smaller than the norm, but not dramatically so. It falls in the middle of the pack for the street and the neighbourhood. Citywide, where the average is 1,342 square feet, it’s more noticeably compact.
4. What does “elite” mean for the year built ranking?
It means this home is among the newest in every geographic scope: street, neighbourhood, and city. Only 2% of homes on Aberdeen were built more recently. In William Whyte, it’s the same story. Across all of Winnipeg, it’s in the top 4% for newer construction. That’s unusual for a central neighbourhood, where most homes are from the 1920s or earlier.
5. How useful are the rankings for making a buying decision?
They give you a clear, data-backed sense of where this property stands relative to its immediate neighbours and the wider city. The value ranking is especially useful: it shows you’re paying a premium for the new build within the neighbourhood, but not compared to newer homes in more expensive parts of Winnipeg. The land and living area rankings help set expectations around size and outdoor space. They’re not a substitute for an in-person visit, but they can confirm whether the trade-offs match what you’re looking for.