Property Overview: 922 Aberdeen Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1912, presents a practical opportunity centered on its land and location. With 1,083 sqft of living space and an unrenovated basement, the house itself is a straightforward canvas. Its primary appeal lies in its 3,004 sqft lot, which is notably larger than many in the immediate Burrows Central neighbourhood and on Aberdeen Avenue itself. This offers valuable outdoor space and potential in an area where lot sizes are typically more compact.

The property suits two main types of buyers. First, it’s a pragmatic entry point for first-time homeowners or investors comfortable with a home that requires updates, offering a chance to build equity through gradual improvements. Second, the above-average lot size for the area could attract those with long-term vision, seeing value in the land itself for future expansion, gardening, or simply having more private outdoor space than the neighbours—a less obvious but tangible advantage in established neighbourhoods.

Section 2: Frequently Asked Questions

1. What does “unrenovated basement” typically mean for a house of this age?
It generally indicates the original foundation and layout, likely with low ceilings, basic finishes, and mechanical systems that may be older. It represents both a project cost and an opportunity to customize the space to modern standards.

2. How does the assessed value relate to the likely sale price?
The assessed value for municipal taxes is often lower than market value. This home’s last sale was in late 2022 for $21,200, close to its current assessed value of $19,300, suggesting a stable, modest value in line with the area’s market for homes in original condition.

3. Is the larger lot a significant advantage?
Yes, particularly in this context. The lot is larger than about 65% of properties in Burrows Central. This provides more yard space and can be a key differentiator for privacy, outdoor activities, or future property improvements compared to tightly packed homes.

4. What should I consider about the 1912 build date?
While the structure has proven durable, a pre-purchase inspection is essential to understand the condition of original components like wiring, plumbing, and the foundation. Its age also means it likely has character details, but systems may need upgrading for efficiency and safety.

5. How does this property compare to others nearby?
It sits in the middle range for its street and area in terms of size and value. It last sold for more than the neighbouring examples listed (on Alfred and Redwood Avenues), which may reflect its larger lot. It’s a standard home for the community, not a standout for luxury or size, but solidly positioned within its local market.