Key Characteristics & Buyer Profile
This property at 173 Worthington Avenue is a 1946-built home with 756 square feet of living space, sitting on a notably large 10,745-square-foot lot. Its biggest draw is the land: within the city of Winnipeg, this lot size ranks in the top 5%, and within the Worthington neighbourhood, it’s in the top 25% — significantly larger than the area average of 7,831 square feet. The house itself is smaller than most comparable homes on the street, in the neighbourhood, and across the city; its assessed value of $307,000 is close to local averages, suggesting the price is tied largely to the land rather than the structure.
The appeal here is for buyers who prioritize outdoor space, garden potential, or future expansion over a move-in-ready interior. It suits someone willing to renovate or rebuild on a generous lot in an established neighbourhood, rather than a buyer looking for a turnkey home with ample square footage. The older construction year (1946) means systems and finishes may need attention, but the land offers flexibility that compact newer builds often lack.
Five Possible FAQs
1. How does the living space compare to other homes in the area?
The 756 sqft interior is smaller than most. On the street, it ranks 143rd out of 174 homes (bottom 18%); in the Worthington neighbourhood, 667th out of 811 (bottom 18%). Across Winnipeg, it’s in the bottom 7%. If interior square footage is your priority, this property falls short of typical expectations.
2. Why is the lot size considered a standout feature?
At 10,745 sqft, the lot is in the top 5% citywide. Within Worthington, it’s well above the neighbourhood average of 7,831 sqft. For buyers who value yard space, gardening, or the possibility of an addition or secondary dwelling, this is the property’s strongest asset.
3. Is the assessed price in line with comparable homes?
Yes. The assessed value of $307,000 is close to the average on Worthington Avenue ($321,000) and the Worthington neighbourhood ($315,000). It’s about 21% below the citywide average of $390,000, which reflects the smaller house size and older construction — the value is in the land, not the building.
4. What should I expect from a home built in 1946?
Older homes often have solid framing but may need updated electrical, plumbing, insulation, and roofing. The property ranks in the older third of homes on the street and in the neighbourhood. A thorough inspection is wise, especially for systems that may be nearing the end of their lifespan.
5. Who would get the most value from this property?
Buyers who see potential beyond the current floor plan. This could suit someone planning a major renovation, a builder looking for a redevelopment site on a large lot in a central neighbourhood, or a homeowner who wants generous outdoor space without the premium price of a larger house. It’s less ideal for someone seeking a finished, spacious home with minimal work.