33 Maralbo Avenue E – Property Summary

Key Characteristics & Buyer Profile

This is a 1984-built home with 936 square feet of living space on a 3,003-square-foot lot. Its strongest feature is the year built: the home is newer than 76% of properties on its street, 82% in the Worthington neighbourhood, and 70% city-wide. This means buyers get a structure that's more modern than many nearby options, potentially with better insulation, wiring, and building standards than homes from the 1960s or earlier.

The assessed value of $320,000 sits slightly below the street average ($336,800) but above the neighbourhood average ($315,300). On the street, it ranks in the middle range—neither a standout bargain nor overpriced relative to immediate neighbours. Living area is modest: 936 square feet is typical for Maralbo Avenue but below average for Worthington and well below Winnipeg’s norm. The lot is small, especially compared to the spacious properties common in this area.

Where the appeal lies: This property suits buyers who prioritise a newer build over square footage or lot size. It's a practical fit for someone who wants a house that’s likely to have fewer immediate maintenance surprises than an older home, without paying a premium for extra space they don’t need. The assessed value suggests reasonable pricing relative to the neighbourhood, which could appeal to value-conscious buyers or first-time owners looking for a solid entry point in Worthington.

Who it suits: First-time buyers, downsizers, or investors looking for a newer, lower-maintenance property in a middle-market neighbourhood. Less ideal for families wanting large yards or extra room to grow, given the land area ranks in the bottom 12% locally and bottom 11% city-wide.

Five Possible FAQs

1. Is this considered a small property for the area?
Yes, especially regarding land. The lot is 3,003 sqft—well under the Worthington average of 7,831 sqft and the city-wide average of 6,570 sqft. The living area is around average for its street but below both neighbourhood and city averages. Buyers accustomed to generous Winnipeg lots may find the yard noticeably compact.

2. How does the assessed value compare to similar homes?
The $320k assessment is below the Maralbo Avenue average ($336.8k) and significantly below Winnipeg’s average for comparable homes ($390.1k). However, it’s slightly above the Worthington neighbourhood average ($315.3k). So it's priced in line with local norms but less expensive than many newer or larger city-wide options.

3. What does “Top 24%” for year built actually mean?
Out of 50 homes on Maralbo Avenue, this property ranks 12th newest. In Worthington, it’s in the top 18% of 811 comparable homes. Across Winnipeg, it lands in the top 30% out of nearly 200,000 homes. Essentially, it was built later than most homes in every comparison group, which is unusual for an older neighbourhood.

4. Why is the land area so much smaller than the neighbourhood average?
Worthington has many properties on large lots built before the 1980s. This home was built in 1984, when subdivision patterns in this area shifted toward smaller, more efficient lots. It’s not unusual for newer infill or later-phase developments within older neighbourhoods to have significantly less land.

5. What’s a realistic buyer expectation for this home?
Expect a modest, modernised-feeling house with manageable upkeep and a compact yard. It won't offer the space or outdoor area many Winnipeg homes provide, but it will likely have fewer age-related issues than properties 20–30 years older. Good for someone who values a newer shell over square footage, or who wants lower heating/cooling and maintenance costs without moving to a distant suburb.