Property Overview: 823 Aberdeen Avenue

Section 1: Key Characteristics & Appeal

This is a classic, early 20th-century one-and-a-half storey home in Winnipeg's Burrows Central neighbourhood, built in 1912. Its key characteristics include a detached garage and an unfinished basement. With 944 sqft of living space on a just-under 3,000 sqft lot, it presents a manageable scale for a first home or a downsizer.

The appeal lies in its position as a straightforward, no-frills property in a long-established area. The lot size is notably larger than many city-wide averages, offering valuable outdoor space potential in a typically urban setting. While the home itself is older and unrenovated, its assessed value is proportionally low, suggesting an entry point for buyers comfortable with a project or those prioritizing land value and location over turn-key condition. It would suit a practical first-time buyer looking for a footprint to build equity in, an investor seeking a rental property with a stable land base, or a buyer who values the character of a century home and is prepared for its upkeep.

A less obvious perspective is that a home of this age and condition in a central neighbourhood often represents a "blank canvas" opportunity. The value is primarily in the land and the structure's potential, rather than in recent upgrades. For the right buyer, this can be more attractive than a superficially updated home where corners may have been cut.

Section 2: Frequently Asked Questions

1. What does "one-and-a-half storey" typically mean for a 1912 home?
This style usually features a main floor with principal rooms and a second floor under sloping roof lines, often creating cozy bedrooms with reduced ceiling height in some areas. It's a classic Winnipeg design.

2. The assessed value seems very low. What does this indicate?
The low assessed value primarily reflects the home's age and condition, not necessarily the market sale price. It often results in correspondingly lower property taxes, which can be an advantage for a buyer planning renovations.

3. How does the lot size compare to the area?
At 2,999 sqft, the lot is slightly below average for the immediate street but is still a good size for the neighbourhood and is significantly larger than the lot of the nearby reference property at 849 Aberdeen Ave.

4. What can be inferred from the sale history?
It last sold in December 2021 for $16,200. This recent turnover suggests the area has active market interest, possibly from other buyers seeing value in similar properties.

5. The basement is noted as "not renovated." What are the likely implications?
This typically means the basement is in original, functional condition—likely with concrete walls and floor, housing the furnace and utilities. It offers storage and future development potential but will require appropriate investment and permits to finish.