159 Hindley Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1962-built home with 983 sqft of living space on an 8,898 sqft lot, assessed at $359,000. Its standout feature is the land: the lot is in the top 9% city-wide for size, significantly larger than the Winnipeg average of 6,570 sqft. The living area is slightly below the city average (1,342 sqft), but the assessed value is above average for both the street and neighbourhood, suggesting the land is driving the price more than the house itself.

The home’s appeal is a trade-off. It’s not the largest or newest on its street, but it occupies a generous property in the Worthington area. This makes it a natural fit for buyers who prioritize outdoor space, potential for expansion, or a quieter setting over a move-in-ready, maximized floor plan. It could also suit someone looking for a property with renovation upside—the house is older and smaller than many city-wide comparables, but the lot offers flexibility that similar-sized homes in tighter subdivisions lack. Because the assessed value ranks lower city-wide (top 51%) yet higher locally, the home sits in a middle ground: not an obvious bargain, but possibly undervalued relative to its land.

Five Possible FAQs

1. How does the living space compare to other homes in the area?
It’s around average for Hindley Avenue (983 sqft vs. street average of 1,046 sqft) and the Worthington neighbourhood. City-wide, it’s below the 1,342 sqft average. So it’s modest for a Winnipeg home, but typical for this immediate street.

2. Is the assessed value a good indicator of market price?
Not directly—assessed value is a baseline for property tax, not a market estimate. The home is assessed above the street and neighbourhood averages ($359k vs. ~$318k), which suggests it carries some premium, likely from the lot. But city-wide it’s right around the median, so don’t assume it’s overpriced or under.

3. What’s the real advantage of the large lot?
The lot (8,898 sqft) is in the top 9% city-wide. That’s unusual for an older subdivision like Worthington. It gives room for gardens, a shop, an addition, or simply privacy from neighbours. On this street, lots trend larger (average 9,380 sqft), so it’s actually slightly below the street average—but still huge compared to most Winnipeg properties.

4. Why is the house ranked higher for assessed value than for living area?
Because value isn’t just about square footage. The land, location, and age all factor in. This home’s value ranks top 28% on the street and top 26% in the neighbourhood, while its size ranks lower (top 49% on street). That gap often means the land is carrying the worth—common for older homes on generous lots.

5. What kind of renovation or expansion potential does it have?
With a lot this size, adding square footage is physically possible (subject to zoning, permits, and setbacks). The house itself is from 1962, so systems may be original or updated. A buyer could factor in the cost of a major reno or rebuild, but the land gives them room to do it without feeling cramped. It’s less suitable for someone seeking a low-maintenance, turnkey home.