112 Hindley Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1945-built home offers 775 sq ft of living space on a notably large 9,674 sq ft lot. While the house itself is smaller than average across its street, neighbourhood (Worthington), and city, the land size stands out. The lot ranks in the top 7% city-wide — significantly larger than typical Winnipeg lots, which average around 6,570 sq ft. The assessed value of $341,000 sits slightly above the street and neighbourhood averages, though it remains below the city-wide median.

The property's appeal lies in the land-to-building ratio. Buyers looking to renovate, expand, or build new within an established neighbourhood may find this more attractive than those seeking a finished, move-in-ready home. The house is older than much of the surrounding stock, so a realistic expectation of updating or upgrading is necessary. It could also suit someone prioritizing outdoor space and a quieter street feel over square footage inside — a trade-off that doesn't suit every buyer.

Ideal buyers include those with renovation experience or a contractor's mindset, investors eyeing a long-term hold on undervalued land, and families wanting a sizable yard on a street with decent proximity to city amenities.

Frequently Asked Questions

1. How does this home compare to others on Hindley Avenue?
The house is smaller than most on the street (142nd out of 186 for living area), but its assessed value ranks 62nd, suggesting comparable value per square foot. The lot size is close to the street average, not a major standout at that level.

2. What does the land size actually mean in practical terms?
At nearly 10,000 sq ft, the lot is roughly 50% larger than a typical Winnipeg residential property. That's enough space for a substantial addition, a detached garage or workshop, a large garden, or a future infill development — depending on local zoning.

3. Why is the house's assessed value above average locally but below average city-wide?
Neighbourhood values in Worthington are moderate compared to high-demand Winnipeg districts. The property's value is boosted slightly by the lot size, but the smaller living area and older construction keep it below the city median.

4. Is there risk in buying a home built in 1945?
It depends on prior upkeep. Older homes can have outdated electrical, plumbing, insulation, or foundation issues. A thorough inspection is critical. The positives include solid framing, often mature landscaping, and established neighbourhood character.

5. Could this property be redeveloped or subdivided?
That would require checking current zoning and city regulations for the site. Properties with this land size in the area sometimes allow for infill or secondary suites, but it's not guaranteed. Buyers should verify with local planning authorities before assuming potential.