540 Aberdeen Avenue

William Whyte, Winnipeg

Property score

58.3

Fair

Overall 58.3 · Larger and newer than most nearby homes

1,325 sqft (top 27%) · Built in 1946 (19 yrs newer than avg)

Located in a average-income area with median household income of ~62.4k

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 4 shops nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

19 yrs newer than neighborhood avg.

Mother tongue

English · 63%Tagalog · 18%

Past 10 years William Whyte sales snapshot (~80% of all data)

Sold Count

703

Median price

117k

$/sqft

$87/sqft

Avg build year

1927

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Property score

58.3 is composed by the two sections below.

Property Score

57.2Fair
Living Area1,325 sqft71Good
Year Built194630Low
Lot Size3,267 sqft38Low
Neighbourhood Sales Activity59Fair

Community Score

60.0Fair
Household Income64Fair
Education Level63Fair
Housing Stress52Fair
Core Housing Need50Fair
Employment Health52Fair

Neighbourhood Sales

William Whyte

How to read: Share of sales in each ~$50k price band for “william whyte” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110059

Community deep dive

$62K

Median household income

$69K

Average household income

22%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

29%

Single-person households

21%

Families with children

Population, labour & age

Population (2021)675
Labour force participation rate53%
Median age33.6
Avg household size2.7
Unemployment rate8%
Population density6136 / km²

Households & income

Low income (LIM-AT, % pop.)22%
Single-person households29%
Couple families with children21%
Median household income (2020)$62K

Housing

Renter households56%
Condominium dwellings0%
Median dwelling value (owners)$160K

Diversity, education & language

Immigrants (share of pop.)28%
Visible minority37%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 62%
Mother tongue (2nd)Tagalog · 17%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,325 sqft
0255075100
Same streetTop 15%Same areaTop 27%CitywideTop 40%
Same street · Aberdeen Avenue
#76 / 520
Top 15% · Avg 1,025 sqft
Same area · William Whyte
#469 / 1,707
Top 27% · Avg 1,158 sqft
Citywide · Winnipeg
#77,784 / 194,458
Top 40% · Avg 1,342 sqft

Tax-Assessed Value

above average
198k
0255075100
Same streetTop 29%Same areaTop 18%CitywideBottom 8%
Same street · Aberdeen Avenue
#151 / 520
Top 29% · Avg 167.7k
Same area · William Whyte
#299 / 1,707
Top 18% · Avg 149.1k
Citywide · Winnipeg
#179,032 / 194,458
Bottom 8% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetTop 25%Same areaTop 20%CitywideBottom 23%

Lot Size

above average
3,267 sqft
0255075100
Same streetTop 22%Same areaTop 45%CitywideBottom 16%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

540 Aberdeen Avenue — 18 amenities found within 500 m, across 8 categories, including 1 dining (nearest 498 m), 2 education (nearest 282 m), 1 healthcare (nearest 211 m).

Search radius
🍽️Dining1
🏫Education2
🏥Healthcare1
🛒Shopping4
🌳Parks3
🏦Finance1
Worship5
🏛️Government1

Crime & Safety

William Whyte · WPS public data · 2026

Annual incidents

160

2026

vs. city avg

+442%

relative to avg

Year-over-year

-92%

vs. prior year

Primary type

Property

50%

Sales History

Sold 4/2016CA$150k–200k
Sold price

Same street

Top 30%

Same area

Top 19%

City-wide

Bottom 9%

Related homes

Highlights & common questions: 540 Aberdeen Avenue, Winnipeg

540 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,325 sqft home built in 1946, sitting on a 3,267 sqft lot in the William Whyte neighbourhood. What stands out immediately is the value proposition: the assessed value of $198,000 is well above both the street average ($167,700) and the neighbourhood average ($149,100), yet it falls significantly below the citywide average of $390,100. This isn't a property competing with new suburban builds—it’s a home where the space and condition have pushed its value ahead of nearby peers, while remaining affordable by city standards.

The living area is larger than average for the street (top 15%) and neighbourhood (top 27%), but roughly average citywide. The lot size holds steady with the neighbourhood norm but is small compared to Winnipeg as a whole—something to note if you're looking for a big yard. The home is older than most in the city (built 20 years before the citywide average), but it's actually newer than the typical house on Aberdeen Avenue and in William Whyte, where pre-1930s construction is common.

Who this suits: Buyers who want more square footage and a higher-value home than what's typical for the area, without paying citywide prices. It’s a good fit for someone who appreciates older character homes (1946 is post-war but still pre-1950s) and doesn't need a large lot. It may also appeal to investors or first-time buyers looking for above-average condition and appraisal in a neighbourhood where entry costs are lower. The relative affordability compared to the city suggests potential for equity growth if the area continues to improve—but it also means you're buying into a market that hasn't yet appreciated as much as the city average.


Frequently Asked Questions

1. How does this home compare to others in the neighbourhood?
It's above average in both assessed value and living area. On Aberdeen Avenue, it ranks in the top 15% for living space and top 29% for value. In William Whyte, it ranks top 18% for value and top 20% for age—meaning it's a newer, larger, and more valuable home than most nearby.

2. Is the assessed value a reliable guide to market price?
Assessed value is a benchmark, not a selling price. In this case, $198,000 is higher than the street and neighbourhood averages, which suggests the home may be in better condition or have upgrades. However, market conditions, buyer demand, and specific features will ultimately determine what it sells for. It's worth comparing to recent sales in the area, not just assessments.

3. Why is the land area small compared to the city average?
The citywide average lot size in Winnipeg is 6,570 sqft, heavily skewed by newer suburban lots. This property's 3,267 sqft lot is very much in line with the street and neighbourhood averages (both around 3,265-3,277 sqft). This is typical for older, closer-in neighbourhoods. It's not a red flag—it's a reflection of the area's development pattern.

4. Is the 1946 build date a concern?
It depends on your tolerance for older homes. While it's older than the citywide average (1966), it's actually newer than the typical home on this street (average 1930) and in the neighbourhood (average 1927). Homes from the late 1940s often have solid construction and more traditional layouts. You'll want a home inspection to check for knob-and-tube wiring, lead paint, foundation condition, and insulation, but the building stock in this era is generally considered sound.

5. What does the "top X%" ranking really mean?
The rankings compare this home to other "comparable homes" in each scope—street, neighbourhood, and city. A top 15% ranking on living area means only 15% of homes on Aberdeen Avenue are larger. A top 92% ranking citywide for assessed value means it's in the bottom 8% of Winnipeg homes by value, which confirms it's an affordable property in a citywide context. The fill bars show how many peers you outperform; longer bars are better.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.