Property Overview & Key Characteristics

This home at 484 Aberdeen Avenue is a modern, one-storey house built in 2019, offering a unique proposition in Winnipeg's William Whyte neighbourhood. Its primary appeal lies in its combination of new construction and a generous lot size. At just 7 years old, it ranks in the top 1% for newness within its immediate neighbourhood and top 4% city-wide, promising modern building standards and minimal immediate maintenance. The lot is a significant asset at nearly 3,000 sq ft, placing it in the top 8% on its street, which is a notable contrast to the typically smaller, century-old lots in the area.

The 942 sq ft living area is compact but efficient for a single-storey layout. The property has a basement (unrenovated) and no garage. Its assessed value is notably higher than most neighbouring homes, reflecting its newer construction. This home would suit a first-time buyer or an investor seeking a modern, low-maintenance property in an established area, or someone who values a larger outdoor space and is willing to trade square footage indoors for a newer build. A thoughtful perspective is that it offers a "blank slate" opportunity—you’re purchasing the structure’s age and condition more than its finished state, with the unrenovated basement and lot providing clear avenues for future value addition.

Frequently Asked Questions

1. How does the modern build affect ongoing costs?
As a 2019 build, you can expect significantly lower and more predictable maintenance costs compared to the neighbourhood's many heritage homes. Systems like wiring, plumbing, and insulation will be to current codes, potentially reducing insurance and utility expenses.

2. The lot is large, but what about the neighbourhood context?
The lot size is a standout feature on this street. However, William Whyte is a mature neighbourhood with a mix of well-kept and aging properties. It’s wise to visit at different times to get a feel for the immediate block's character and activity.

3. Who might this property not suit?
It may not suit buyers looking for extensive finished space or character details. The living area is modest, the basement is unfinished, and there’s no garage. If you need multiple bedrooms, dedicated workspace, or significant storage, the layout may feel tight.

4. The assessed value seems high compared to neighbours. Why?
This is directly due to the home's age. The assessed value reflects the premium for a modern, 7-year-old building versus the century-old homes that dominate the area. It’s a different asset class on the same street.

5. What’s the potential with the basement and lot?
The unrenovated basement presents a straightforward opportunity to add living space or storage according to your needs. The large lot could allow for landscaping, gardening, or even future additions like a shed or detached garage, subject to city bylaws.