737 Aberdeen Avenue – Property Summary
Key Characteristics and Buyer Profile
This is a 1913 home with 840 square feet of living space on a 2,999-square-foot lot. Its assessed value is $98,000. Compared to other properties on Aberdeen Avenue, the home is around average in size, age, and lot dimensions, but its assessed value ranks lower—87% of homes on the same street are valued higher.
The property’s appeal lies in affordability combined with strong relative age and condition for the neighbourhood. While the living area is below citywide averages, the home sits in a bracket where similar vintage houses are common (William Whyte area average year built is 1927). This suggests a block with character, mature trees, and established streets—not a newer subdivision.
The property would suit a buyer who values older-home character and wants to avoid the premium attached to newer or renovated stock. It’s a realistic option for first-time buyers on a tighter budget, or investors looking for a lower-cost entry into an older, centrally located Winnipeg neighbourhood. The data suggests this is not a premium property, but one that is in line with its street and area—nothing unusual, which can be a positive for someone wanting predictability.
Five Frequently Asked Questions
1. How does this home’s size compare to others nearby?
On Aberdeen Avenue, it’s around average—ranked in the top 69% for living area. But within the William Whyte neighbourhood and citywide, it’s below average. Most comparable homes in the city are about 1,342 square feet, so this is roughly 500 square feet smaller.
2. Why is the assessed value so much lower than the citywide average?
Citywide average assessed value for comparable homes is $390,100. This property’s assessment is $98,000—more than four times lower. That isn’t a mistake. It reflects the location (William Whyte, an older, lower-value area), the home’s age, and likely a lack of major renovations that would push the assessment up. The street average itself is $167,700, so this is still below its immediate neighbours.
3. Is the older year built a concern or a positive?
Built in 1913, it’s older than most Winnipeg homes (citywide average is 1966). On Aberdeen Avenue, it’s actually right in the middle. Older homes often have solid construction, but may need updates to electrical, plumbing, or insulation. The data doesn’t tell you about condition, but the assessed value suggests it may not have been extensively modernized. A building inspection is wise.
4. How does the lot size compare?
The lot is 2,999 square feet. That’s smaller than the street average (3,265), neighbourhood average (3,277), and dramatically smaller than the citywide average (6,570). In a neighbourhood of older, narrow lots, this is not unusual. It means limited outdoor space but also less maintenance.
5. What does “ranked #361 out of 520” actually mean?
These rankings compare this property to all similar homes within that geographic scope. For living area on Aberdeen Avenue, being #361 out of 520 means about 159 homes are smaller and 361 are larger—so it sits near the middle of the pack, slightly on the smaller side. Higher rankings (lower numbers) are better. The “Top 69%” means it outperforms 31% of peers in that category.