522 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,414 sqft home built in 1905, located on Aberdeen Avenue in the William Whyte neighbourhood of Winnipeg. Its standout feature is living space: it's in the top 9% of homes on the same street, and top 21% within the neighbourhood—substantially larger than most nearby properties. The assessed value, however, tells a different story. At $115,000, it ranks in the bottom 23% on the street and bottom 1% citywide, meaning the price point is noticeably lower than both the local average ($149,100 in the neighbourhood) and the city average ($390,100). The land area is 3,003 sqft, which is typical for the street and neighbourhood but small by citywide standards.

The appeal here is straightforward: you get a lot of interior square footage for a relatively low assessed value. The age of the home (1905) means it's an older property—older than 91% of houses on the street and 98% citywide—so buyers should expect original detailing, but also potential maintenance needs and possibly outdated systems. This property would suit a buyer who wants generous living space on a modest budget, is comfortable with an older home's quirks and upkeep, and isn't prioritizing a large lot or a newer build. It may also appeal to someone looking for a project or renovation opportunity, given the low valuation compared to the amount of space.

Frequently Asked Questions

1. Why is the assessed value so much lower than the average for similar homes?
Assessed value reflects the city's estimate of market value, which can lag behind actual sale prices. The low assessment here likely accounts for the home's age, condition, and possibly outdated fixtures or systems. It may also mean the property is priced below what a similar-sized newer home would cost—but buyers should get an independent inspection to understand what that lower figure really represents.

2. How does the home's age affect things like insurance or renovations?
Homes built in 1905 often have older wiring, plumbing, and foundations. Insurance premiums may be higher, and some insurers may require an electrical or plumbing update. Renovations can also be more complex—walls may be plaster and lath, not drywall, and there's a higher chance of encountering asbestos or lead paint. Budgeting for unexpected structural work is realistic.

3. Is the land area a limitation?
The 3,003 sqft lot is average for the street and neighbourhood, but well below the citywide average of 6,570 sqft. If you want a large yard, garden space, or room for an addition, this property is likely too tight. It works best for someone who values indoor space over outdoor space.

4. How does this property compare to others currently for sale in William Whyte?
Based on the data, this home offers more living area than most in the area but at a lower assessed value. That combination is somewhat rare—typically, larger homes command higher prices. It suggests either an opportunity or a trade-off in condition. Looking at recent sales in the neighbourhood would give a clearer picture.

5. What should a buyer look for during a showing on a home this age?
Beyond the obvious—roof, furnace, windows—pay attention to the foundation (cracks, settling), the electrical panel (knob-and-tube wiring is common in homes of this era), and any signs of water damage in the basement. Also check that the layout works for modern living; older floor plans can be compartmentalized, with small kitchens and narrow hallways.