Key Characteristics & Buyer Suitability

This is a 1960-built home with 832 square feet of living space, sitting on a notably large 10,027 square foot lot. While the house itself is smaller than average compared to others on Worthington Avenue, in the surrounding Worthington neighbourhood, and across Winnipeg as a whole (ranking in the bottom quartile or lower in each category), the land is what stands out. The lot is in the top 6% city-wide, meaning it is significantly larger than typical Winnipeg properties. The property’s assessed value of $299,000 is close to the neighbourhood average and slightly below the city average, which reflects the trade-off between a modest house and generous land.

The main appeal here is the land-to-building ratio. For a buyer who is less concerned with immediate square footage and more interested in outdoor space, gardening, storage for vehicles or equipment, or the potential for future expansion (subject to zoning and permits), this property offers a rarely available combination at this price point. It would suit someone looking for a single-family home in an established neighbourhood who values yard space over a large interior. It may also appeal to buyers who see the structure as livable but secondary to the site, or to someone who wants a foothold in a centrally located area without paying a premium for a finished, larger home.

Five Possible FAQs

1. Is the house considered small for this area?
Yes, the living area of 832 sqft is below the street average of 1,102 sqft and the neighbourhood average of 1,082 sqft. It ranks in the lower portion of all categories, so expect a compact interior layout.

2. How does the lot size compare to what’s typical?
The lot is 10,027 sqft, which is large for the neighbourhood (average 7,831 sqft) and among the largest in the city (top 6%). This is the property’s strongest single feature.

3. What does the assessed value tell me about the property?
At $299,000, the assessed value is near the median for both the street and the community, and notably below the Winnipeg average of $390,000. This suggests the house itself does not carry high value, and the price reflects the land more than the structure.

4. Is a 1960s home likely to need major updates?
The house is newer than the street average but close to the neighbourhood and city medians. Typical issues for homes of this era might include older mechanical systems, single-pane windows, or dated interiors. A home inspection would clarify the condition.

5. Could I renovate or build a larger home on this lot?
That depends entirely on current zoning and permit regulations for the property, which are not included in this data. Buyers interested in expansion should check with the local planning department. The lot’s size does provide physical room for such projects, but it is not guaranteed by the statistics here.