52 Hindley Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 900 sqft home built in 2001, sitting on a 3,019 sqft lot in the Worthington neighborhood of Winnipeg. What stands out most is the year built: the house is newer than roughly 94% of homes on the same street and 94% in the immediate area, where the average home dates to the late 1950s or early 1960s. That alone sets it apart.

The assessed value sits at $308,000, which is very close to the street and neighborhood averages of $318,100 and $315,300. Citywide, it ranks in the top 32% for value—so it’s priced modestly compared to the wider Winnipeg market, where the average comparable home is assessed at $390,100.

The living area is slightly below the street average (1,046 sqft) and well below the citywide average (1,342 sqft), ranking in the bottom 17% citywide. The land area is notably small: 3,019 sqft, compared to the street average of 9,380 sqft and the neighborhood average of 7,831 sqft. That puts it in the bottom 10–14% on both street and neighborhood levels, though citywide it’s not as extreme (bottom 12%).

Who this suits: Buyers who prioritize a newer, lower-maintenance home over a large yard or generous square footage. It’s a good fit for someone who wants to avoid the maintenance of an older property (pre-1960s) and is comfortable with a compact lot and interior. Not ideal for those needing space for kids to play outside or room to expand, but very practical for singles, couples, or downsizers who value construction quality over land size.

Frequently Asked Questions

1. How does the small lot affect resale or daily use?
The land area is well below average for the street and neighborhood, but this is partly offset by the newer home. Smaller lots mean less yard work and lower water/lawn costs. Resale may be more limited to buyers who value the house itself over land, but the newer build also appeals to a different segment than the older, larger-lot homes nearby.

2. Is the assessed value of $308k realistic compared to recent sales?
Assessed value is not the same as market price, but it provides a benchmark. The fact that it’s close to street and neighborhood averages suggests the property is in line with local trends. For a precise comparison, a local realtor or recent sales data for Hindley Avenue would be needed—assessments can lag behind market shifts.

3. Why is the home newer than almost everything around it?
The street and neighborhood are dominated by homes built in the 1950s–60s. A 2001 build on this street is unusual—it could be an infill property or a complete rebuild. That means modern construction standards (better insulation, wiring, plumbing) and fewer immediate repairs, but also fewer mature trees and less established landscaping.

4. How does a 900 sqft home compare to other options in Worthington?
The average living area in the neighborhood is 1,082 sqft, so this home is about 17% smaller. That’s noticeable but not extreme—many homes in the area are modest. The trade-off is that you get a newer layout and likely better energy efficiency than a 950 sqft home from 1962.

5. What are the main risks or downsides to consider?
The small lot is the biggest limitation—there’s little room for additions, a large garden, or significant outdoor entertaining. The assessed value is also below the city average, so if the wider market appreciates faster in better-connected or larger-lot areas, this property may not keep pace. On the plus side, a newer home typically means lower short-term maintenance costs, which offsets the smaller footprint.