304 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Fit

This is a 1,097-square-foot home built in 1921 on a 3,000-square-foot lot, located in the William Whyte neighbourhood. The assessed value is $135,000.

Its appeal lies in affordability relative to the wider city. The assessed value sits well below the Winnipeg average of $390,100, which reflects the home’s age, smaller lot, and modest size. The property falls in the middle range for its street and neighbourhood in terms of living area and value—neither a standout nor an outlier. That means you’re likely paying a fair price for what’s typical in this area, without a premium for upgrades or scarcity.

The lot is smaller than average both locally (3,265 sqft on the street) and citywide (6,570 sqft), which may appeal to buyers who want less yard maintenance or a more urban, compact footprint. The year built (1921) places it among older homes in the city; this could suit someone who appreciates character, solid pre-war construction, and a neighbourhood with established trees and layout, but also expects potential maintenance needs tied to an older structure.

This property would suit first-time buyers looking for an entry into homeownership at a lower price point, or investors seeking a rental property in a working-class neighbourhood. It is less suited to buyers wanting a larger lot, modern finishes, or a quick resale premium. The home is not unusual for its street—it fits in, rather than stands out—which can be a practical advantage for those prioritizing predictability over flash.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $135,000 is below the street average of $167,700 and slightly below the neighbourhood average of $149,100. It ranks in the lower-middle tier locally but is in the bottom 2% citywide. That means you’re paying significantly less than the typical Winnipeg home, but the local market supports this price—you’re not necessarily getting a deal, just a realistic entry point for the area.

2. What should I know about a house built in 1921?
Older homes often have solid framing, hardwood floors, and good bones, but may need updates to electrical, plumbing, insulation, or windows. It’s worth budgeting for a thorough inspection—particularly of the foundation, roof, and mechanical systems. The home’s age is typical for the neighbourhood (average year built is 1927), so local trades will be familiar with this era of construction.

3. Is the lot size a limitation or an advantage?
At 3,000 square feet, the lot is smaller than both the street and neighbourhood averages. That means less yard work and a lower purchase price, but also less space for additions, gardens, or outdoor entertaining. For buyers who prioritize indoor living or a low-maintenance property, this is fine. For those wanting room to expand or host large gatherings, it could be tight.

4. How does this property compare to other entry-level homes in Winnipeg?
This home is typical for its price bracket in William Whyte. Citywide, it’s smaller and older than average, but that’s reflected in the price. Its ranking (top 61% for living area, top 98% for low assessed value) shows it offers basic space at a cost that’s hard to find in most other Winnipeg neighbourhoods. You’re trading location and size for affordability.

5. What does the neighbourhood of William Whyte offer?
William Whyte is a central, older neighbourhood with a mix of single-family homes and rentals. It’s close to the North End and downtown, with good access to transit and major roads. The area has seen some revitalization efforts but remains more affordable than many other parts of the city. Buyers should research local schools, amenities, and long-term development plans—values here can shift with neighbourhood trends.