67 Maralbo Avenue E – Property Summary

Key Characteristics & Buyer Profile

This is a 1983-built home with 983 square feet of living space on a 3,940-square-foot lot. The property’s strongest feature is its assessed value relative to the neighborhood: it ranks in the top 25% of Worthington homes, with an assessed value of $362,000 against a neighborhood average of $315,300. This suggests the home carries above-average value for the area, even though its living area (983 sqft) is slightly below the citywide average (1,342 sqft) and its land size (3,940 sqft) is notably smaller than the typical Worthington lot (7,831 sqft).

The appeal lies in its balance of price and location. You’re getting a home that’s newer than most in the neighborhood (built 1983 vs. 1962 average) and valued higher than comparable homes, but without the oversized lot or larger square footage that often drives up costs. This makes it a practical fit for buyers who prioritize a well-priced, reasonably modern home in a stable area over a large yard or extra space. It would suit first-time buyers looking for something move-in ready, downsizers who want a newer build without maintenance-heavy land, or investors targeting properties with above-average value retention in Worthington.

Less obviously, the home’s land area ranks in the bottom 20% of the neighborhood—so while the assessed value is strong, future expansion potential is limited. Buyers hoping to renovate outward or add significant square footage should account for that. Conversely, the home’s year built (within the top 22% of the area) means systems like roofs, windows, and mechanicals are likely more recent than many neighboring properties, which can reduce immediate repair costs.

Frequently Asked Questions

1. How does this property compare to others on Maralbo Avenue E?
It’s fairly typical for the street. Living area and land size are close to the street averages (983 sqft vs. 1,017 sqft; 3,940 sqft vs. 3,890 sqft). The assessed value of $362,000 is above the street average of $336,800, ranking it in the top third. Year built (1983) matches the street average of 1982.

2. Is the small lot a problem?
That depends on your plans. The lot is 3,940 sqft, which is well below the Worthington average of 7,831 sqft (top 81% of the area). If you want a large garden, room for an addition, or a garage expansion, this may feel tight. If you prefer lower yard maintenance and a more compact footprint, it’s a practical trade-off.

3. Why is the assessed value above average if the home is smaller than the neighborhood norm?
Assessed value reflects more than just square footage—it factors in condition, updates, location within the area, and comparable sales. A home that’s newer and well-maintained can command a higher valuation even with less space. The data here shows the property outperforms many larger, older homes nearby.

4. What’s the neighborhood like in terms of housing stock?
Worthington’s average home was built in 1962, so this property is about 20 years newer than the typical house in the area. Many homes likely have larger lots (7,800+ sqft average) and slightly bigger living areas (1,082 sqft average). The area overall leans toward established, mid-century housing stock.

5. How does citywide ranking help me decide?
Citywide, the home ranks around the middle for assessed value (top 50%) and living area (top 76%), but bottom-quarter for land size. That means you’re getting a home that’s competitively priced by city standards, but with a smaller-than-average lot. If you’re comparing across Winnipeg, this property is a reasonable entry point for a newer home in an older neighborhood—but don’t expect a large property for the price.