147 Beechtree Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1986-built home with 979 sq. ft. of living space on a 5,996 sq. ft. lot in the Worthington neighbourhood of Winnipeg. Its assessed value sits at $380,000.

What stands out here is the disconnect between the home itself and its location. The property is smaller than average—both on its own street and citywide—ranking in the bottom quarter for living area. The lot, at just under 6,000 sq. ft., is also on the smaller side relative to nearby homes. However, the assessed value tells a different story: it’s well above the neighbourhood average, ranking in the top 18% locally. This suggests the land or location within Worthington carries significant value, even if the house is modest. The home is also newer than most in the area (built 1986 vs. a neighbourhood average of 1962), which adds an extra layer of appeal for buyers who want something more recently constructed without paying for a brand-new build.

The appeal lies in the combination of a relatively modern home in an established, higher-value neighbourhood. It’s not a house that will impress with square footage or a sprawling yard, but it offers a solid, updated-feeling home in a location where comparable properties tend to be older. This likely suits first-time buyers who want to get into a desirable area without stretching for a larger, older fixer-upper, or downsizers who want a newer, more manageable home in a well-regarded neighbourhood. It could also appeal to investors or flippers who see the gap between the modest structure and the strong location value.

Five Possible FAQs

1. The living area is below average for the street and city. Does this make the home feel cramped?
Not necessarily. “Below average” here means smaller than most single-family homes in Winnipeg, but 979 sq. ft. is still a typical size for a starter home or a bungalow with a basement. If you’re coming from an apartment or a smaller townhouse, it will likely feel comfortable. It’s worth visiting in person to see how the layout uses the space—some 979 sq. ft. homes feel compact and clever, others feel tight.

2. Why is the assessed value so high relative to the neighbourhood when the house itself is smaller?
Assessed value reflects both the structure and the land. In Worthington, many homes are older (average 1962), so a well-maintained 1986 home with newer systems and finishes can command a premium. Additionally, the lot may be smaller than some, but its location—on a quiet crescent in a desirable pocket—likely adds to the valuation. Essentially, you’re paying for the address and the condition, not for extra bedrooms or a huge backyard.

3. How does the lot size compare to other homes in the area?
It’s slightly below average for the street and neighbourhood. The average lot on Beechtree Crescent is a bit over 7,000 sq. ft., and the Worthington average is close to 7,800 sq. ft. At just under 6,000 sq. ft., this property has less yard space than most of its neighbours. If outdoor space and gardening are priorities, you’ll want to check if that’s a meaningful trade-off for you.

4. Is 1986 considered “old” for a house in this part of Winnipeg?
It depends on what you compare it to. In the broader city context, 1986 is newer than average (the citywide median build year is 1966). Within Worthington specifically, it’s much newer—most homes there date from the early 1960s. A 1986 home often means better insulation, updated electrical, and less likelihood of knob-and-tube wiring or asbestos. It’s old enough to be settled and established, but not so old that you’re dealing with a century home’s quirks.

5. What’s the immediate street like? Are there any red flags from the data?
Beechtree Crescent is ranked 47th out of 51 streets for living area and 36th out of 51 for assessed value, meaning it’s on the lower end for both within its own street hierarchy. This doesn’t necessarily mean the street is undesirable—it might just be a pocket of smaller, more affordable homes on an otherwise varied crescent. The favourable neighbourhood ranking (top 18% for value) suggests the street itself is part of a strong area, even if it’s not the most premium block within it. A visit and a look at the immediate neighbours would be useful to see if the street feels well-maintained and quiet.