343 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home in Winnipeg’s William Whyte neighbourhood, built in 1907. At 738 sq ft of living space, it sits well below the citywide average of 1,342 sq ft, and the same is true for its assessed value of $88,000—dramatically lower than the $390,100 citywide average. The lot is 2,999 sq ft, which is only slightly under the street and neighbourhood averages, but notably smaller than the typical Winnipeg lot.

The property’s appeal lies in its affordability relative to the city as a whole. For a buyer who wants to own a home in Winnipeg at a very low entry price point, this is it. The assessed value ranks in the bottom 6% citywide, which likely means taxes are low as well. The lot size is competitive for the street, and the home’s age places it among an older housing stock that’s common in this area—meaning the character may suit someone who appreciates pre-war construction or is open to a renovation project.

This property would best suit: a first-time buyer with a limited budget who is willing to take on an older home in a working-class neighbourhood, an investor looking for a low-cost entry into the market, or someone who wants to live in the central part of the city without stretching financially. It is not a turnkey property for those seeking modern finishes, space, or immediate resale potential.

Frequently Asked Questions

1. How does the assessed value compare to similar homes on the street?

The property’s assessed value of $88,000 is well below the Aberdeen Avenue average of $167,700. It ranks in the bottom 9% on the street itself, so it’s one of the least expensive homes in that immediate area.

2. Is the living area unusually small for the neighbourhood?

Yes. At 738 sq ft, it’s about 420 sq ft smaller than the neighbourhood average of 1,158 sq ft. Citywide, it’s nearly half the average. This is a genuinely small footprint, even for an older home.

3. What does the year built mean for maintenance or upgrades?

Built in 1907, it is older than most homes on the street (average 1930) and significantly older than the citywide average of 1966. Buyers should expect older systems, potential foundation or roof issues, and possibly outdated electrical or plumbing. It may also have characteristics typical of early 20th-century construction, like plaster walls and original woodwork.

4. How does the lot size affect usability or expansion options?

The 2,999 sq ft lot is close to the street and neighbourhood average, but nearly 3,600 sq ft smaller than the typical Winnipeg lot. That means less yard space and limited room for additions or a garage. It would suit a buyer who prefers a low-maintenance yard or doesn’t need extra outdoor space.

5. What do the rankings in the data actually tell me?

The rankings show how this property compares to others in the same category. For example, “Top 94%” on living area citywide means it’s larger than only 6% of homes in Winnipeg—in other words, it’s very small. “Top 100%” on assessed value means it’s in the cheapest group citywide. These rankings are based on a median benchmark, not an exact average, and are best used as a relative sense of where this home sits rather than precise figures.