Property Summary: 50 Maralbo Avenue E

Key Characteristics & Buyer Profile

This is a 1982-built home with 884 square feet of living space on a 4,746-square-foot lot, assessed at $324,000. What stands out most is the land: on its street, this lot ranks in the top 28%, and the street average is only 3,890 sqft—so you’re getting noticeably more outdoor space than most neighbours. The house itself is smaller than average, both on the street (avg 1,017 sqft) and in the wider Worthington area (avg 1,082 sqft), meaning it's a compact home on an above-average lot.

The assessed value tells an interesting story. While it’s near the street average, it ranks in the top 38% of Worthington, where the neighbourhood average is actually lower ($315.3k). This suggests the property’s value is being driven more by its lot and location than by the house itself. Citywide, it lands in the middle tier.

The appeal here is for buyers who value outdoor space and are willing to work with a smaller interior—either as-is or with plans to expand or renovate. It would suit someone looking for a starter home with good land potential, or a buyer wanting to be in Worthington without paying a premium for a larger house. The 1982 build is older than most on its street but newer than much of the neighbourhood, so you’re getting a house that’s solidly mid-era without the maintenance headaches of a 1960s home.

Five Possible FAQs

1. How does this property compare to others on the same street?
On Maralbo Avenue E, this home has a larger-than-average lot (4,746 sqft vs. 3,890 avg) but a smaller living area (884 sqft vs. 1,017 avg). Its assessed value is slightly below the street average of $336.8k. It’s one of the older homes on the street, ranking 42nd out of 50.

2. Is the neighbourhood Worthington generally more expensive or affordable?
Worthington’s average assessed value for comparable homes is $315.3k, which is lower than the citywide average of $390.1k. This property sits above that neighbourhood average at $324k, suggesting it’s in a slightly more valuable pocket within Worthington.

3. What does the “top 28%” ranking for land area actually mean?
It means this lot is larger than 72% of comparable homes on Maralbo Avenue. If you’re looking for outdoor space—gardening, a workshop, room for kids or pets—this is a rare find on this street, where most lots are under 4,000 sqft.

4. Is the living area too small for a family?
At 884 sqft, it’s compact. It could work for a small family if the layout is efficient, but you’d likely want to factor in the lot for future expansion. The home’s footprint is about 130 sqft smaller than the street average, so it’s not drastic, but it’s noticeable compared to newer builds.

5. How does the year built affect things like insurance or renovations?
Homes from 1982 typically have modern wiring, plumbing, and insulation compared to older stock, but they’re also at an age where major systems (roof, furnace, windows) may need attention. In Worthington, where the average home is from 1962, this property is actually newer than most, which can be a selling point for buyers wanting less immediate renovation work.