115 Hindley Avenue – Property Summary
Key Characteristics & Ideal Buyer Profile
This property stands out primarily for its land. The lot is 14,479 square feet, which ranks it in the top 2% city-wide and top 3% within the Worthington neighbourhood. The house itself is 1,360 square feet of living space—above average for both the street and the area, but roughly in line with city-wide norms. It was built in 1981, making it newer than most homes on Hindley Avenue (median 1957) and newer than the neighbourhood average (1962). Its assessed value of $412,000 is notably higher than the street and neighbourhood medians (around $318,000-$315,000), reflecting both the land premium and the newer construction.
The appeal here is land value and relative rarity. Most homes on Hindley Avenue sit on lots under 10,000 square feet; this one offers nearly 50% more space. That makes it a strong candidate for buyers who want outdoor room—gardening, expansion, sheds, or simply privacy—without leaving a mature central neighbourhood. It would suit someone who values the lot over the house itself, or a buyer open to renovation or future redevelopment. It’s less ideal for someone who wants a move-in-ready home with maximum interior square footage; the living area, while decent, is not exceptional for the price point.
Five Possible FAQs
1. How does the assessed value compare to similar homes in Winnipeg?
It’s above average for its street and neighbourhood but slightly below the city-wide median for comparable homes ($390,000). The higher local ranking reflects that Worthington and Hindley Avenue have lower average values than some other parts of the city.
2. Is the house older or newer than most in the area?
Newer. It was built in 1981, while the typical home on Hindley Avenue dates from the late 1950s. The neighbourhood median is 1962. So you’re getting a house that’s roughly 20–25 years younger than the local norm.
3. What is the lot actually usable for?
At nearly 14,500 sq ft, it’s large enough for a substantial garden, a detached garage or workshop, or possibly a future infill or subdivision—though that would depend on zoning and city approvals. Most buyers in this price range would use it for outdoor living space and privacy.
4. How does the living area compare to other homes on the street?
It’s above average. The street median is about 1,046 sq ft, so 1,360 sq ft gives you roughly 30% more floor space than the typical home on Hindley. That said, it’s still modest by newer suburban standards.
5. Why is the assessed value higher than the street average but not the city average?
Because the street and neighbourhood have relatively low median assessed values ($318k and $315k respectively)—likely due to older, smaller homes on smaller lots. This property’s larger lot and newer build lift it above both, but city-wide, there are many homes with larger living areas and higher overall values that pull the average up.