727 Aberdeen Avenue – Property Summary

Key Characteristics and Buyer Profile

This is a compact 684-square-foot home built in 1933, sitting on a 2,998-square-foot lot in Winnipeg’s William Whyte neighbourhood. The property’s strongest feature is its age: it’s older than most homes on its street and in the surrounding area, ranking in the top 30% locally and top 23% within the neighbourhood. That suggests a pre-war build with likely solid bones, though maintenance and updates will vary.

The living space is significantly smaller than average—ranking in the bottom 3% citywide. The assessed value of $127,000 reflects this, landing well under the city median but sitting close to average for both the street and neighbourhood. This isn’t a property that competes on size or lot area (both below local averages), but its value proposition lies in affordability and location within an established, older part of the city.

The appeal here is for buyers who prioritize low entry cost over square footage. It would suit first-time homeowners looking for a manageable footprint, investors targeting lower-priced rental stock with potential for gradual appreciation, or anyone comfortable with a smaller home in a mature neighbourhood where nearby properties are similarly modest. It’s not a “move-in ready modern” purchase—it’s a property where the age and size trade-off against price is straightforward.

Five Frequently Asked Questions

1. How does the assessed value compare to what I might actually pay?
The assessed value is $127,000, which is below the neighbourhood average of $149,100. However, assessments don’t always match market price. In William Whyte, sale prices can vary depending on condition, recent renovations, and demand. This gives a general benchmark, but a home inspection and recent comparable sales nearby will give a clearer picture.

2. Is a 684-square-foot home practical for more than one person?
It depends on layout. That square footage typically means one or two small bedrooms and a combined living-dining area. It works well for a single person or a couple, but likely feels tight for a family or anyone needing dedicated home office space. The smaller footprint does mean lower heating and maintenance costs.

3. Why is the land area so small compared to the city average?
The citywide average lot size in Winnipeg is over 6,500 square feet, largely driven by newer suburbs and larger residential zones. Older neighbourhoods like William Whyte were developed with more compact lots. At 2,998 square feet, this is typical for the street and area—it’s not unusually small locally, just compared to the broader city.

4. What should I look for in a 1933 home?
Older homes often have higher-quality framing and materials, but systems may be outdated. Check the foundation, electrical (knob-and-tube wiring is common in this era), plumbing, and insulation. Also look for signs of settling, roof age, and whether windows have been replaced. A pre-war home can be solid and character-filled, but expect ongoing maintenance.

5. How does this property compare to others in William Whyte?
It’s typical for the neighbourhood in terms of lot size and age, but smaller than average in living space. Its assessed value is slightly below the local average, suggesting either deferred maintenance or a conservative assessment. For buyers looking at the area, this is a relatively affordable entry point, but it’s not a standout in any category except age.