329 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1905-built home with 712 square feet of living space on a 2,999-square-foot lot. The assessed value is $87,000. Across every metric—living area, assessed value, and year built—the property ranks below average compared to homes on the same street, in the William Whyte neighbourhood, and citywide in Winnipeg. The land area is closer to the middle of the pack on the street (top 56%) but falls below average neighbourhood and citywide.

The appeal here is straightforward: it’s a small, older home at a very low price point. For a first-time buyer with a tight budget, someone looking for a renovation project, or an investor seeking a low-cost entry into the Winnipeg market, this property offers a chance to get in without the premium attached to newer or larger homes. The trade-off is clear—you’re buying into an older building with below-average square footage and assessed value relative to the surrounding area. The neighbourhood itself (William Whyte) is not a high-appreciation zone by the numbers, so this suits a buyer more focused on affordability and potential sweat equity than immediate resale or rapid value growth. The smaller-than-average lot (relative to the city) also means less outdoor maintenance, which might appeal to someone who doesn’t want a big yard.

Frequently Asked Questions

1. How does this property’s assessed value compare to others nearby?
   On Aberdeen Avenue, it ranks in the bottom 9% (top 91% of the street), with an average street value of $167,700. In William Whyte, it’s in the bottom 12% (top 88% of the neighbourhood). Citywide, it falls near the very bottom—the average assessed value in Winnipeg is $390,100.

2. Why is the living area so much smaller than the city average?
   This home is 712 square feet, while the median comparable home in Winnipeg is about 1,342 square feet. It’s typical of pre-war housing stock in older inner-city neighbourhoods, where smaller single-storey or cottage-style homes were common. The advantage is lower heating and maintenance costs.

3. What does the “year built” ranking actually tell me?
   Built in 1905, this is one of the older homes in the neighbourhood and city. On Aberdeen Avenue, 91% of comparable homes are newer. Older construction may mean thicker walls, solid wood framing, and character details—but also potential issues with knob-and-tube wiring, lead pipes, or foundation settling. A certified home inspection is strongly recommended.

4. Is the land a selling point or a limitation?
   The lot is slightly smaller than average for the street (2,999 sqft vs. 3,265 sqft) and significantly smaller than the citywide average of 6,570 sqft. For someone who doesn’t want a large property to maintain, it’s a plus. But if you’re hoping to build an addition or subdivide, the size and zoning restrictions would need to be checked first.

5. What type of buyer typically looks at a property like this?
   Often, it’s a first-time buyer with limited funds, a renovator or flipper looking for a low-cost project, or a landlord interested in a low-barrier rental in an affordable neighbourhood. It could also suit someone who values location (proximity to downtown or transit) over space or modern finishes.