288 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Suitability

This home on Aberdeen Avenue offers 1,242 square feet of living space on a 3,264-square-foot lot. Built in 1928, it sits in the William Whyte neighbourhood. Its assessed value is $230,000.

What stands out here is the value proposition relative to its immediate surroundings. On the street itself, the property is in the top 19% for living area (above the street average of 1,025 sqft) and top 18% for assessed value (above the street average of $167.7k). In the broader neighbourhood, it ranks in the top 9% for assessed value—meaning you're getting a home that's valued above most of its neighbours. However, citywide, both the year built and land area are on the older and smaller side (top 83% and 85%, respectively, which is below average).

The appeal lies in getting above-average space and value within a specific street and neighbourhood context, without paying a citywide premium. This property would suit a buyer who wants a home with good bones and size relative to the local market, and who is less concerned about having the newest build or a large lot. It's a practical fit for someone prioritizing square footage and assessed value at a relatively accessible price point—particularly first-time buyers or investors looking for a property that already ranks well within its immediate area.

Frequently Asked Questions

1. How does the living area compare to similar homes nearby?
   The home is larger than most on Aberdeen Avenue (top 19%) and sits above average in the William Whyte neighbourhood (top 33%). Citywide, it's around average—about 100 sqft below the city median for comparable homes.

2. Why is the assessed value higher than the neighbourhood average but lower than the city average?
   The property is valued well above the William Whyte neighbourhood average ($149.1k), placing it in the top 9% locally. But compared to the entire city, where the average for comparable homes is $390.1k, it sits below that benchmark. This reflects the neighbourhood's generally lower price point rather than anything unusual about the home itself.

3. Is the 1928 build a concern in terms of maintenance?
   The home is older than most citywide (top 83%), but it's not unusual for the area—the neighbourhood average year built is 1927. Many homes in William Whyte are of similar vintage, so local trades and service providers are familiar with this era of construction. Buyers should still budget for updates to systems like electrical, plumbing, or insulation, which is standard for a home of this age.

4. How does the land size compare, and why does it matter?
   The 3,264 sqft lot is on par with both the street and neighbourhood averages, but it's significantly smaller than the citywide average of 6,570 sqft. This is typical for older, more central Winnipeg neighbourhoods. For a buyer, this means less yard maintenance and a more walkable, compact lot—but less space for additions or large gardens.

5. What does it mean that this property is in the "top 9%" for assessed value in the neighbourhood?
   It indicates that this home is valued higher than 91% of other comparable properties in William Whyte. This could reflect a combination of its larger living area, condition, or recent upgrades. For a buyer, it suggests the home is already positioned well within the local market, which can be a positive sign for resale value relative to nearby properties.