69 Worthington Avenue — Property Summary

Key Characteristics and Buyer Profile

This is a 1953-built home with 736 square feet of living space and a notably large lot of 11,153 square feet. The living area ranks below average at the street, neighborhood, and citywide levels—putting it in the bottom 16% locally and bottom 6% citywide. However, the lot size tells a very different story: it ranks in the top 14% on the street, top 8% in the neighborhood, and top 4% across Winnipeg. The assessed value of $306,000 sits near the local averages but well below the citywide average of $390,100.

The main appeal here is the land, not the house. For buyers who value outdoor space, gardening, room for additions, or simply more privacy than a typical city lot offers, this property stands out. The house itself is modest and older, which may suit someone looking for a fixer-upper, a starter home with expansion potential, or a property where the land carries most of the long-term value. It could also appeal to investors or developers eyeing lot subdivision or redevelopment opportunities, depending on zoning. The low living-area rankings relative to the lot size suggest the structure is undersized for the parcel, which some buyers will see as opportunity and others as a limitation.

Five Possible FAQs

1. Is the house livable as-is, or does it need major work?
The listing data doesn’t describe condition, but the home is 71 years old and its living area is small by current standards. A home inspection would be essential to know if the systems and structure are sound. The assessed value being around the local average suggests it’s not a tear-down, but it’s likely to need updates.

2. Why is the assessed value relatively low compared to the city average?
Assessed value reflects both land and building. While this lot is large and valuable, the modest house size and age pull the total down. The property sits near local averages on its street and in its neighborhood, where similar older homes with smaller floor plans are common.

3. What are the chances of subdividing or building an addition?
The lot is roughly a quarter-acre, which is large for Winnipeg. Zoning and lot dimensions would determine feasibility. A buyer would need to check with the city’s planning department—this is not something the listing data covers, but the lot’s elite citywide ranking makes it worth investigating.

4. How does the property compare to others on Worthington Avenue?
On the street, this home is typical for build year and assessed value but toward the smaller end for living area. Its lot is significantly larger than most neighbors’. So it’s a bit of an outlier: less house, more land than the street average.

5. Would this be a good investment property?
Possibly, but not for a straightforward rental unless the house is in decent shape. The land value is the main asset. It could work as a long-term hold where the lot appreciates faster than the house, or as a redevelopment play. The low living-area ranking means rental income potential is capped unless you expand the footprint.