683 Aberdeen Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a compact, older home on Aberdeen Avenue in Winnipeg’s William Whyte neighbourhood. At 800 square feet of living space, it’s smaller than most homes on its street, in its area, and across the city—ranking in the bottom quartile locally and bottom 9% citywide. The land is similarly modest: a 2,998 sqft lot that’s below average for the street and neighbourhood, and well under half the typical city lot size. Built in 1910, it’s older than the vast majority of Winnipeg homes, though roughly in line with the neighbourhood’s building stock.

The assessed value is $150,000—around average for the street and neighbourhood, but dramatically lower than the citywide average of $390,100. This suggests the property’s value is anchored to local market conditions rather than broader city trends.

Where the appeal lies: The price point is accessible for buyers who want to own in an established, inner-ring neighbourhood without stretching into citywide median territory. The home’s small footprint and lot size also mean lower upkeep costs and property taxes. For someone willing to invest sweat equity or phase renovations, there’s potential to add value—especially since the assessment suggests the structure still holds up relative to neighbours.

Who it would suit: First-time buyers priced out of entry-level homes elsewhere, investors looking for a lower-cost rental property in a denser area, or anyone comfortable with a “starter home” that prioritizes affordability over space. It’s less suited to families needing room to grow, or buyers seeking a turnkey property with modern finishes.

Five Possible FAQs

1. Why is the assessed value so close to the neighbourhood average when the living area is much smaller?
This often means the home’s lot or location carries weight in the assessment—or that other homes on the street have similar assessments despite size differences. It’s worth checking whether recent sales on the block support the number, as assessed value isn’t always a perfect market proxy.

2. How much work does a 1910 home typically need?
Older homes in this area vary widely. Some have updated electrical, plumbing, and insulation; others don’t. A pre-purchase inspection is essential, especially for foundations, knob-and-tube wiring, and lead pipes. The age alone suggests you should budget for ongoing maintenance, not just cosmetic updates.

3. Is a 2,998 sqft lot considered small for Winnipeg?
Yes, by citywide standards. The typical Winnipeg lot is over 6,500 sqft. But within William Whyte and on Aberdeen Avenue specifically, lot sizes around 3,000 sqft are common—so you’re not undersized for the neighbourhood. What you lose in yard space, you gain in lower outdoor upkeep.

4. How does this home compare to other “starter homes” in the area?
It’s one of the smaller living spaces available, which puts it in a niche. Many starter homes in the neighbourhood are closer to 1,000 sqft on larger lots. The trade-off here is a lower entry price versus less square footage and yard. It’s a genuine “affordable, not roomy” situation.

5. What does “Top 75%” or “Top 91%” actually mean in plain language?
It means the home ranks below average. For living area: out of 520 homes on Aberdeen, it’s in the 75th percentile from the top—meaning about 75% are larger. Citywide, it’s in the 91st percentile, so about 91% of Winnipeg homes have more living space. The ranking system ranks “bigger” or “newer” or “higher value” as better, so a high percentage here means you’re outperformed, not outperforming.