This property is a 1951-built home with 684 square feet of living space on a notably large 10,698 square foot lot. The living area ranks well below average across its street, neighbourhood (Worthington), and city (Winnipeg), while the assessed value of $243k is also below average at all levels. However, the lot size is a standout feature—ranking in the top 5% citywide and well above the neighbourhood average of 7,831 square feet. The home’s age is roughly typical for the street and area, but slightly older than the city average.
The primary appeal lies in the land. Buyers who want space—for gardening, expansion, or outbuildings—will find rare value here, especially given the below-average price tag for the neighbourhood. This is not a move-in-ready showpiece; it’s a property where the house itself is modest and dated, but the lot offers potential that most comparables in the area cannot match. It would suit buyers willing to renovate, hold long-term, or eventually redevelop. Investors or first-time buyers looking for an affordable entry point into Worthington with future upside may also find it compelling.
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How does the lot size compare to other homes in Worthington?
At 10,698 square feet, it is roughly 37% larger than the neighbourhood average of 7,831 square feet. It ranks in the top third of lots on Sadler Avenue and within the top 5% of lots across all of Winnipeg for comparable homes.
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Why is the assessed value so low relative to the lot?
Assessed value reflects the combined worth of land and structure. While the lot is unusually large, the 684-square-foot house built in 1951 is small and older. The below-average living area and age pull the overall assessment down, despite the land’s strength.
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Is the house insulated or updated at all?
The provided data does not include details on insulation, windows, or recent renovations. The age and ranking suggest the home is in original or lightly updated condition. A buyer should plan for a home inspection to assess the structure and systems.
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What are the risks if I plan to build an addition or subdivide?
Large lots can offer development potential, but it depends on Winnipeg zoning bylaws, setbacks, and neighbourhood restrictions. The lot is roughly twice the citywide average, so expansion or severance may be possible, but a buyer should check with the city planning department before committing to any specific project.
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How does this property compare with others in the same price range?
Within Worthington, most homes near $243k have smaller lots but larger living spaces. This property trades living area for land. Buyers who prioritize outdoor space, storage, or future square footage over immediate interior comfort will find it competitive. Those seeking a fully finished home may find better options elsewhere.