107 Worthington Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,008-square-foot home built in 1958, sitting on a notably large 12,898-square-foot lot. The lot size is the standout feature here: it ranks in the top 3% citywide in Winnipeg, and in the top 4% within the Worthington neighbourhood. Compared to other homes on Worthington Avenue, the lot is in the top 8%. That kind of land is uncommon for the area and gives the property flexibility—room for expansions, a large garden, or simply more privacy than most nearby homes can offer.

The house itself is modest in size. Its living area is slightly below the citywide average and roughly in line with the street and neighbourhood averages. The assessed value of $369,000 is above the street and neighbourhood averages (both around $320,000), which reflects the premium the land adds. The home was built in 1958, which puts it a bit older than the neighbourhood average (1962) but newer than a few on the street.

Where the appeal lies: The main draw isn't the house itself but the land and its relative value. Buyers who see potential in a large lot in an established neighbourhood—where infill or redevelopment opportunities might exist—would find this interesting. It also suits someone who wants a functional, mid-century home with room to spread out outdoors, without paying for a fully renovated or expanded house.

Who it suits: This property is best for buyers who prioritize land over square footage. Think of it as a solid foundation, not a turnkey showpiece. Good for someone willing to invest sweat equity, or a buyer who wants to build equity through land value appreciation rather than interior upgrades. Less suitable for someone seeking a modern, move-in-ready home with generous indoor space.

Five Possible FAQs

1. Why is the lot size so much larger than average for the area?
The lot at 12,898 sqft is roughly double the neighbourhood average (7,831 sqft) and well above the street average (10,063 sqft). This suggests the property may have been subdivided differently in the past, or that it sits on a corner or has some unusual zoning or historical property line. It's not the norm for this street, so it's worth checking the survey and any local land-use plans to understand exactly what you're getting.

2. How does the assessed value compare to what I'd actually pay?
The assessed value of $369,000 is a municipal valuation, not a market price. It's above the street and neighbourhood averages, which makes sense given the large lot. However, citywide, it's around average. In practice, a property with this kind of land-to-building ratio can sometimes sell above assessed value if a buyer sees development potential. It's not a guarantee, but it's a factor to keep in mind.

3. Is the house in good condition for its age, or does it need updates?
The data doesn't include condition reports, only the year built (1958). Mid-century homes of this age vary widely. Some have been maintained well; others need major updates. Given the living area is only average and the assessed value is driven mainly by land, it's reasonable to assume the house itself may not be fully modernized. A thorough inspection is wise, especially for plumbing, electrical, and foundation.

4. Could I build an addition or a second dwelling on this lot?
That depends on local zoning regulations, not just lot size. A lot this large (top 3% citywide) often allows for either an addition, a detached secondary suite, or in some cases, subdivision. However, Winnipeg's zoning rules, setback requirements, and neighbourhood-specific restrictions would apply. If you're thinking about development, it's essential to check with the city first. The size alone doesn't guarantee permission.

5. How does this property compare to others currently on the market nearby?
The data shows it's above average for assessed value and lot size on this street. But many homes in the Worthington area may have more finished living space or newer renovations. If you're comparing online listings, look closely at square footage versus lot size. You might find homes with similar land are priced higher, and homes with similar house size are priced lower. This property sits in a middle ground that rewards someone who values outdoor space more than interior upgrades.